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Listed 1 month ago

401 - 5250 Lakeshore Road

Appleby, Burlington

$589,000

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

Welcome to Admiral's Walk! This bright and spacious west-facing 1-bedroom plus den suite offers an exceptional floor plan with generously sized principal rooms throughout. The eat-in kitchen provides ample space for casual dining, while the separate dining room is perfect for entertaining family and friends. Unwind in the large living room, where patio doors lead to a private balcony overlooking beautiful sunset views and afternoon sunshine. Just one step down, the versatile den offers the ideal space for a home office, reading nook, TV lounge, or guest area. The primary bedroom serves as a comfortable retreat, featuring a 4-piece ensuite, dedicated makeup vanity, and large closets with abundant storage. The thoughtful layout also includes a 2-piece powder room, a double front hall closet, and two additional storage closets-one of which is already plumbed for a ventless washer and dryer. Residents enjoy an impressive selection of amenities, including a car wash bay, visitor parking, outdoor pool, games room, party room, workshop, exercise room with sauna, library, and laundry facilities. Ideally located in sought-after South Burlington, this suite includes one parking space and a locker and is just moments from waterfront trails, public transit, shopping, schools, and the community centre. An excellent opportunity to enjoy spacious, comfortable living in the highly desirable Admiral's Walk community.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$974
LockerExclusive
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,873
mls© NumberW13511422
Listed ByRE/MAX ABOUTOWNE REALTY CORP.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Parking Included
Building Insurance 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%
$3,015
Property tax
$239
Heat allowance
$150
Condo fees, half counted
$487
Housing costs
$3,891 / mo

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

Down payment20% · $117,800
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,479 / mo
Cash down
$117,800

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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