$429,900 - 1351 Lakeshore Road Unit 16, Burlington
Condo for Sale in Burlington
141 days on market- MLS Number
- W12720466
- Property Type
- Condo
- Status
- active
- Days on Site
- 141
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Burlington
- Locker
- Exclusive
- Exposure
- East West
- Balcony
- None
- Listing Brokerage
- ONE PERCENT REALTY LTD.
STEPS to the LAKE, this Beautifully UPDATED 2 Bedroom Co-op Unit is not just a Home but an affordable Lifestyle UPGRADE! PRIME location across from Spencer Smith Park's Waterfront Trail, Splashpad, Rink, Cherry Blossoms, Summer Festivals & Dining! This BRIGHT CORNER Unit is Move In Ready! NEWER Eat-in-Kitchen with Quartz Counters, SS appl. soft close drawers, new flooring & under cabinet lighting. Inviting Living Rm with space for a Dining table. Carpet-free with Eng Hardwood Floors. Rarely featured 2nd Closet in Primary Bedroom. Bonus Upper Storage Cabinetry in Primary Bedroom, Kitchen & 4 Pc Bath! LOW monthly fee of $594 INCLUDES: PROPERTY TAX, Unlimited High Speed Internet, Basic Cable TV, Water & Locker. Optional Parking Space $625/yr. Second spots are avail. Amenities incl. Visitor Parking, Laundry in Building, Bicycle storage, Shared Patio with Firepit & BBQ. Dogs or Rentals/Leasing Not permitted. EASY Hwy Access. Stroll on the Burlington Beach or Walk to a Downtown Patio Restaurant/Café, unique Shops the Burlington Performing Arts Centre or Art Gallery! Joseph Brant Museum & Hospital are within walking distance. Enjoy EVERYTHING the Burlington Waterfront & Vibrant Downtown has to offer! The perfect blend of convenience and lakeside charm.
Estimate your monthly payments for this property
Estimated Payment
$2,205.61/mo
Includes CMHC insurance ($11,994)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Burlington
Burlington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Burlington
- •Convenient location in Burlington
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Burlington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1351 Lakeshore Road Unit 16, Burlington
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $614/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 141 days on site, this property has exceeded the typical selling timeline for Burlington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Burlington Lifestyle
Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.