2121 Lakeshore Road Unit 405, Burlington

Price: $975,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13007308

Ideally located steps from Burlington's vibrant downtown. 2121 Lakeshore Road, 'Village Gate', is an exclusive boutique condominium with just 39 units. A well-managed and meticulously maintained building offering a welcoming lobby with intercom and hands-free entry. Welcome to SUITE 405, a fully renovated 2-bedroom, 2 bathroom plus a Den. The galley style kitchen with breakfast bar is open to the dining room. Features include: white cabinetry offering abundant storage, glass display cabinets, quartz countertops, stylish backsplash, stainless steel appliances, pot lights, and slate flooring. The open-concept living, dining, and den are bright and inviting, highlighted by bay windows, California shutters, smooth ceilings and engineered hardwood flooring. Thoughtfully curated and full of character, each space flows seamlessly into the next, creating an inviting atmosphere that feels both stylish and personal. The result is a warm, gallery-like setting that celebrates creativity while maintaining comfort and functionality. The Spacious Principal Bedroom includes a bay window, engineered hardwood flooring, California shutters, and a walk-in closet, along with a private 4-piece Ensuite featuring an updated vanity and tub/shower combination. The second bedroom also features a bay window and engineered hardwood flooring. A 3-piece main bath offers a glass-enclosed shower and vanity. Laundry w/stacking washer & dryer and additional storage space. Neutral paint, Smooth Ceilings throughout, Engineered Hardwood flooring, Linen Closet, Utility Closet. 1 Parking and 1 Locker. The outdoor spaces beautifully landscaped with benches to relax and enjoy the gardens and fresh air. Steps to downtown shops, cafes waterfront, arts, Hospital, grocery, malls, GO, local transit and so much more. Welcome Home to Unit 405 - 2121 Lakeshore Road, Burlington.

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$975,000 - 2121 Lakeshore Road Unit 405, Burlington

Condo for Sale in Burlington

3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13007308
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Burlington
Locker
Exclusive
Exposure
West
Balcony
None
Listing Brokerage
Right At Home Realty, Brokerage
Description

Ideally located steps from Burlington's vibrant downtown. 2121 Lakeshore Road, 'Village Gate', is an exclusive boutique condominium with just 39 units. A well-managed and meticulously maintained building offering a welcoming lobby with intercom and hands-free entry. Welcome to SUITE 405, a fully renovated 2-bedroom, 2 bathroom plus a Den. The galley style kitchen with breakfast bar is open to the dining room. Features include: white cabinetry offering abundant storage, glass display cabinets, quartz countertops, stylish backsplash, stainless steel appliances, pot lights, and slate flooring. The open-concept living, dining, and den are bright and inviting, highlighted by bay windows, California shutters, smooth ceilings and engineered hardwood flooring. Thoughtfully curated and full of character, each space flows seamlessly into the next, creating an inviting atmosphere that feels both stylish and personal. The result is a warm, gallery-like setting that celebrates creativity while maintaining comfort and functionality. The Spacious Principal Bedroom includes a bay window, engineered hardwood flooring, California shutters, and a walk-in closet, along with a private 4-piece Ensuite featuring an updated vanity and tub/shower combination. The second bedroom also features a bay window and engineered hardwood flooring. A 3-piece main bath offers a glass-enclosed shower and vanity. Laundry w/stacking washer & dryer and additional storage space. Neutral paint, Smooth Ceilings throughout, Engineered Hardwood flooring, Linen Closet, Utility Closet. 1 Parking and 1 Locker. The outdoor spaces beautifully landscaped with benches to relax and enjoy the gardens and fresh air. Steps to downtown shops, cafes waterfront, arts, Hospital, grocery, malls, GO, local transit and so much more. Welcome Home to Unit 405 - 2121 Lakeshore Road, Burlington.

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Estimate your monthly payments for this property

Estimated Payment

$5,002.26/mo

Includes CMHC insurance ($27,203)

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5-yr fixed avg.

Principal: $877,500Interest: $595,974
Mortgage Amount$904,703
Total Interest$595,974
Est. Property Tax$691/mo
Total Cost$1,500,677

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.

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Neighbourhood Guide: Burlington

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

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

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.

70
Walk Score
Varies
Price Range

2121 Lakeshore Road Unit 405, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$691
Insurance (est.)-$203
Net Cash Flow+$1,276

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $696/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.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $4,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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