5427 Lakeshore Road Unit 10, Burlington

Price: $910,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13241818

Rarely available in an intimate 16-unit townhome community, this 3-bedroom, 3-bathroom home offers an exceptional opportunity to live steps from Lake Ontario and directly across from Burloak Waterfront Park. The main floor features a spacious living room anchored by a gas fireplace and large bay window, filling the space with natural light. The updated kitchen offers ample storage, a gas stove, and a walkout to the private terrace complete with a gas BBQ hookup and exterior water line, making outdoor entertaining easy. The second floor includes a generous primary bedroom with double closets and a private ensuite bathroom. Two additional bedrooms and a full bathroom provide plenty of space for family, guests, or a home office. Pot lights have been added on the upper level, and laminate flooring runs throughout the main and second floors. The partially finished lower level adds valuable flexible living space and features brand-new carpet on the basement level and staircase. Whether used as a recreation room, gym, office, or play area, it offers plenty of room to grow. Enjoy the convenience of low-maintenance living with lawn care and snow removal included in the condo fees. Located minutes from shopping, restaurants, GO Transit, and major highways, this home offers the perfect blend of convenience, community, and waterfront living in one of Burlington's most desirable locations.

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active
New Listing
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$910,000 - 5427 Lakeshore Road Unit 10, Burlington

Condo for Sale in Burlington

New — Listed 4 days ago
3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13241818
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Burlington
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

Rarely available in an intimate 16-unit townhome community, this 3-bedroom, 3-bathroom home offers an exceptional opportunity to live steps from Lake Ontario and directly across from Burloak Waterfront Park. The main floor features a spacious living room anchored by a gas fireplace and large bay window, filling the space with natural light. The updated kitchen offers ample storage, a gas stove, and a walkout to the private terrace complete with a gas BBQ hookup and exterior water line, making outdoor entertaining easy. The second floor includes a generous primary bedroom with double closets and a private ensuite bathroom. Two additional bedrooms and a full bathroom provide plenty of space for family, guests, or a home office. Pot lights have been added on the upper level, and laminate flooring runs throughout the main and second floors. The partially finished lower level adds valuable flexible living space and features brand-new carpet on the basement level and staircase. Whether used as a recreation room, gym, office, or play area, it offers plenty of room to grow. Enjoy the convenience of low-maintenance living with lawn care and snow removal included in the condo fees. Located minutes from shopping, restaurants, GO Transit, and major highways, this home offers the perfect blend of convenience, community, and waterfront living in one of Burlington's most desirable locations.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,668.77/mo

Includes CMHC insurance ($25,389)

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5-yr fixed avg.

Principal: $819,000Interest: $556,243
Mortgage Amount$844,389
Total Interest$556,243
Est. Property Tax$645/mo
Total Cost$1,400,632

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

5427 Lakeshore Road Unit 10, 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)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$645
Insurance (est.)-$190
Net Cash Flow+$1,335

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 $650/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.

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.

Bathroom Count Matters

With 3 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.

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.

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    5427 Lakeshore Road Unit 10, Bu… — $910,000 | Battaglia Team