$729,500 - 2060 Lakeshore Road Unit 405, Burlington
Condo for Sale in Burlington
52 days on market- MLS Number
- W13048674
- Property Type
- Condo
- Status
- active
- Days on Site
- 52
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Burlington
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
AFFORDABLE LUXURY ON THE WATERFRONT! Beautiful one bedroom condo, with high end finishes, located in the prestigious Bridgewater Residences on the Lake. Bridgewater is waterfront living at its finest. Exceptional amenities include a huge 8th floor outdoor terrance with BBQs and spectacular views of Lake Ontario. Other amenities include 2 fitness centres, party room with billiards and piano, spa like indoor pool, boutique style lobby with 24 hour concierge , direct access to Isabells restaurant, Pearl Cafe and the Pearle Hotel. Enjoy monthly social events and get togethers. Located directly on the gorgeous Waterfront Trail on Lake Ontario, along the Brant Street Pier and Spencer Smith Park. The condo features beautiful sunrises from the East facing balcony. Open concept living room /dining room/ kitchen. The kitchen features beautiful white cabinetry, huge island and Thermador appliances. The kitchen/ dining room/ living room area is pretty spacious, with room for more furniture and flexible configuration. Kitchen has room for a dining table plus there is an extra long counter top area, thats perfect for an office area. Heated floors in the 4 piece bathroom; bedroom features a large double closet. Beautiful trim work throughout. Located in the heart of Burlington, walkable to vibrant shops and a variety of many restaurants. Included are one underground parking spot and one storage locker (both are owned). Heat is included in the condo fees. Book your showing today.
Estimate your monthly payments for this property
Estimated Payment
$3,742.71/mo
Includes CMHC insurance ($20,353)
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.
2060 Lakeshore Road Unit 405, 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
Premium Pricing
At $1216/sqft, this property is priced above the Burlington average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 52 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 600 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.
Investment Perspective
Looking at this as an investment: Burlington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,040 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.