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    5255 Lakeshore Road

    5255 Lakeshore Road Townhomes
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    58
    Condo Completion:
    1988
    Condo Demand:
    Medium
    Unit Size Range:
    1,199 - 1,817 SQFT
    Unit Availability:
    Low

    Listing History for 5255 Lakeshore Road Townhomes

    Receive listing updates for Elizabeth Gardens

    Amenities

    Indoor Parking
    BBQs Allowed
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5255 Lakeshore Road5255 Lakeshore Road Townhomes

    Anyone who’s seeking a Burlington condo for sale should consider 5255 Lakeshore Road Townhomes at 5255 Lakeshore Road. a developer completed this building back in 1988, but unlike other buildings of that age, maintenance fees are very low at $0.32 per-square-foot. The 2-storey building is home to 58 suites with units ranging between 1199 and 1817 square feet.

    Maintenance fees at 5255 Lakeshore Road are only $0.32, significantly lower than the city average of about $0.67 per-square-foot.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Napoli Pizza, Tim Hortons and Tha Spice is Right are all within 7 minutes walking distance from 5255 Lakeshore Road. Elizabeth Gardens has plenty to offer coffee enthusiasts, with great cafes like Starbucks.

    Grocery shopping is never a chore with stores such as Food Basics and M&M Food Market in the area.

    There are a number of banks within a short drive, including Scotiabank and BMO Bank of Montreal for all your investment needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Skyway Park and Mohawk Park are the perfect spot for all kinds of activities.

    Those who love to shop will appreciate all the options nearby with Appleby South, Appleby Village and Appleby Square just 4 minutes from here.

    Art and culture seekers can enjoy amazing attractions nearby like Art Studio & Gallery - NESAART, less than 11 minutes walking distance from here.

    5255 Lakeshore Road Townhomes is a short drive away from St. Patrick Catholic Elementary School, Mohawk Gardens Public School and Ascension Catholic Elementary School, giving you plenty of choice for your child’s education.

    Transportation

    Transit users will need to trek a bit to New at Walkers, the nearest light transit stop.

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    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,895
    Average Individual Income
    $70,213
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $121,842
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    21%
    50 - 64
    20%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    26%
    Low Rise Apartment
    12%
    Duplex
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    7%
    Punjabi
    3%
    Spanish
    1%
    Education
    High School
    29%
    University and Above
    26%
    College
    21%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    5255 Lakeshore Road Townhomes vs The Elizabeth Gardens Area

    Days on Strata

    Units at 5255 Lakeshore Road Townhomes spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Elizabeth Gardens

    Turnover of Units

    On average, each unit is owned for
    24.6
    YEARS before being sold again

    Property Value

    14%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 14 condos in the Elizabeth Gardens area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    5255 Lakeshore Road Townhomes offers the
    ?
    best value out of 14 condos in the Elizabeth Gardens neighbourhood

    Appreciation Rank

    5255 Lakeshore Road Townhomes has the
    ?
    highest ROI out of 14 condos in the Elizabeth Gardens neighbourhood

    Rental Yield

    5255 Lakeshore Road Townhomes yields the
    ?
    highest rent prices out of 14 condos in the Elizabeth Gardens neighbourhood

    High Demand

    5255 Lakeshore Road Townhomes is the
    ?
    most popular building out of 14 condos in the Elizabeth Gardens neighbourhood

    Transaction Insights at 5255 Lakeshore Road

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$980,000No Data
    Avg. Cost Per SqftNo DataNo Data$582No Data
    Avg. Wait for Unit Availability213 Days568 Days847 Days896 Days
    Ratio of Units in Building59%18%14%11%

    Unit Sales vs Inventory

    Total number of units listed and sold in Elizabeth Gardens