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Listed 3 months ago

809 - 5250 Lakeshore Road

Appleby, Burlington

$649,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Bright, Clean and far from your typical shoebox condo. Welcome to waterfront living with room to truly breathe. Offering an impressive 1,381 sq ft of thoughtfully designed space, this 2 bedroom residence blends comfort, functionality, and lifestyle in one of Burlington's most sought after lakefront communities. Recently renovated, the suite features a new kitchen and bathrooms, equipped with quartz countertops, stainless steel appliances, and modern finishes, along with washer and dryer with rare ensuite laundry. The expansive living and dining area offers incredible flexibility for entertaining, working from home, or simply enjoying everyday living in style. Step onto your private balcony to enjoy peaceful views and fresh lakeside air, all just moments from the waterfront, parks, trails, shopping, dining, and transit. Residents also enjoy access to an array of building amenities in a well established community known for its serene setting and unbeatable convenience. This is the kind of condo that's becoming harder and harder to find - spacious, turnkey, and perfectly positioned by the lake.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1200-1399 sq. ft.
Maintenance Fees$1,119
LockerExclusive
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,129
mls© NumberW13114614
Listed ByRED HOUSE REALTY
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,326
Property tax
$261
Heat allowance
$150
Condo fees, half counted
$559
Housing costs
$4,296 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$132,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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