$4,399,850 - 5047 Lakeshore Road, Burlington
Detached for Sale in Burlington
108 days on market- MLS Number
- W12833724
- Property Type
- Detached
- Status
- active
- Days on Site
- 108
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Built For Multi-Generational Living & Designed For Comfort & Accessibility For Years To Come, 5047 Lakeshore Road Stands In Burlington's Most Coveted Lakeside Enclave, Just Steps From Lake Ontario. This Spectacular 2-Storey Residence Boasts 4+1 Bedrooms, An Elevator Servicing All 3 Levels & Approx 6,667 Sqft. Of Versatile Living Space On A Remarkable 172.75 Ft. X 105 Ft. Lot. A Grand Dbl-Door Entry Reveals A Sun-Drenched Foyer W/ Soaring 20-Ft Ceilings & Rich Hdwd Floors. The Great Room, Anchored By An Open-Flame Gas F/P W/ A Dramatic Full-Height Stone Surround, Flows Into The Formal Dining Room W/ Beamed Ceilings & Flr-To-Ceil Windows. The Chef's Kitchen Is A Masterpiece W/ Quartz Countertops, Premium Appls & A Large Island W/ Bar Seating, Connecting Effortlessly To The Bfast Area & Family Room. High-Density B/I Speakers Fill Every Room W/ Immersive Sound, While The Family Room's Marble F/P & Soaring Ceilings Create A Striking Centerpiece For Gatherings. The Main-Level Primary Suite Offers An Accessible Private Retreat W/ French Door W/O To A Covered Patio, A Custom W/I Closet & A Spa-Inspired 5-Pc Ensuite W/ Steam Shower & Deep Soaker Tub. Upstairs, 3 Bdrms Each Enjoy Ensuite Access, Accompanied By A Refined Library. The Fully Finished Lower Lvl Is An Entertainer's Dream, Featuring A Wet Bar, Home Theatre, Expansive Rec Room & Versatile Guest Suite Or Gym. The Heated 5-Car Garage (3+2) Features Epoxy Flooring(3-Car Garage) And Lifts, While The Secondary 2-Car Garage Offers Endless Possibilities As A Pvt Wellness Studio, Indoor Golf Simulator, Or Guest Retreat. Outside, The Backyard Is A Resort-Inspired Oasis W/ A Saltwater Pool, Hot Tub, Outdoor Kitchen W/ Pizza Oven, Heated Patios W/ Fireplaces, Mature Trees, Lush Landscaping & In-Ground Irrigation. Combining Elegance, Accessibility, And Multi-Generational Functionality, This Home Delivers A Lifestyle That Is Unmatched In Burlington's Waterfront Communities.
Estimate your monthly payments for this property
Estimated Payment
$19,462.02/mo
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.
5047 Lakeshore Road, 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 $1257/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 108 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.
Detached Home Advantages
Detached homes in Burlington are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.