5250 Lakeshore Road Unit 1204, Burlington

Price: $769,000

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13214958

Welcome to resort-style lakefront living at 1204-5250 Lakeshore Road in Burlington. This beautifully updated 2 bed, 2 bath 1540 sf condo offers panoramic views, exceptional amenities, and an unbeatable lifestyle just steps to the lake, waterfront trails, parks, shopping, dining, and all the conveniences of South Burlington. Perfectly positioned in one of Burlington's most desirable lakefront communities, this bright and inviting suite combines comfort, style, and low-maintenance living. Inside, the spacious layout features a sunken living room filled with natural light and breathtaking panoramic views. Freshly painted throughout, the suite showcases updated smart lighting controlled directly from your phone, custom window coverings, ceiling fans, and tasteful finishes throughout. The renovated kitchen features quartz countertops, stainless steel appliances, abundant cabinetry, porcelain tile flooring, pot lights, pantry storage, and a fan vented directly outside-perfect for everyday living and entertaining. The spacious primary bedroom features excellent closet space, while the updated mirrored front entry closet doors completed in 2021 add both style and functionality. Additional updates include renovated bathrooms, updated appliances (2021), new carpeting (2021), and updated balcony deck tiles (2021). Convenient apartment-sized in-suite laundry adds to the everyday functionality of the home. Residents enjoy incredible amenities including an outdoor pool, sauna, gym, party/meeting room, and car wash area within a meticulously maintained building. Enjoy morning walks along the waterfront, nearby parks and trails, restaurants, cafés, shopping, and easy highway access. An exceptional opportunity to enjoy carefree condo living in one of Burlington's most sought-after lakefront locations.

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$769,000 - 5250 Lakeshore Road Unit 1204, Burlington

Condo for Sale in Burlington

New — Listed 4 days ago
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13214958
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Burlington
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Welcome to resort-style lakefront living at 1204-5250 Lakeshore Road in Burlington. This beautifully updated 2 bed, 2 bath 1540 sf condo offers panoramic views, exceptional amenities, and an unbeatable lifestyle just steps to the lake, waterfront trails, parks, shopping, dining, and all the conveniences of South Burlington. Perfectly positioned in one of Burlington's most desirable lakefront communities, this bright and inviting suite combines comfort, style, and low-maintenance living. Inside, the spacious layout features a sunken living room filled with natural light and breathtaking panoramic views. Freshly painted throughout, the suite showcases updated smart lighting controlled directly from your phone, custom window coverings, ceiling fans, and tasteful finishes throughout. The renovated kitchen features quartz countertops, stainless steel appliances, abundant cabinetry, porcelain tile flooring, pot lights, pantry storage, and a fan vented directly outside-perfect for everyday living and entertaining. The spacious primary bedroom features excellent closet space, while the updated mirrored front entry closet doors completed in 2021 add both style and functionality. Additional updates include renovated bathrooms, updated appliances (2021), new carpeting (2021), and updated balcony deck tiles (2021). Convenient apartment-sized in-suite laundry adds to the everyday functionality of the home. Residents enjoy incredible amenities including an outdoor pool, sauna, gym, party/meeting room, and car wash area within a meticulously maintained building. Enjoy morning walks along the waterfront, nearby parks and trails, restaurants, cafés, shopping, and easy highway access. An exceptional opportunity to enjoy carefree condo living in one of Burlington's most sought-after lakefront locations.

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Estimated Payment

$3,945.37/mo

Includes CMHC insurance ($21,455)

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5-yr fixed avg.

Principal: $692,100Interest: $470,055
Mortgage Amount$713,555
Total Interest$470,055
Est. Property Tax$545/mo
Total Cost$1,183,611

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
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Price Range

5250 Lakeshore Road Unit 1204, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$1,065

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 $549/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $3,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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.

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    5250 Lakeshore Road Unit 1204… — $769,000 | Battaglia Team