$599,000 - 5280 Lakeshore Road Unit 1107, Burlington
Condo for Sale in Burlington
136 days on market- MLS Number
- W12750934
- Property Type
- Condo
- Status
- active
- Days on Site
- 136
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Burlington
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Experience lakefront resort-style living at the prestigious Royal Vista in Burlington! This bright, south-facing condo offers over 1,000 sqft. of living space with unobstructed panoramic views of Lake Ontario. Sunrise in the morning on the horizon and sunset over the hills at the back of the condo is unique views of nature. Natural light floods the entire property, featuring a primary bedroom with captivating lake views and a large closet, a spacious living/dining area, and a versatile sunroom or office with floor-to-ceiling windows right on the water. A separate dining room/den can easily convert to a second bedroom, and the 4-piece bath completes the layout. Set amid beautifully landscaped grounds and mature trees, Royal Vista delivers a true resort experience: a heated saltwater pool, sauna, gym, tennis/pickleball courts, BBQ terrace with seating, and a party room with kitchen overlooking the lake. On-site superintendents and an active social calendar create a friendly, community vibe. All major utilities are included heat, hydro, water, and A/C for worry-free living. Perfectly located just minutes to the QEW, Appleby GO Station, parks, trails, shopping centres, and schools, and only a short drive to vibrant downtown Burlington. This rare offering combines breathtaking waterfront views, exceptional amenities, and outstanding value a lifestyle you wont want to miss!
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
5280 Lakeshore Road Unit 1107, 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 $599/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 136 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.
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 $2,496 (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.