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    Burlington / Elizabeth Gardens

    24 - 5475 LAKESHORE Rd

    For Sale5475 Lakeshore Road Townhomes
    $685,000
    Price Cut: $695,000
    3 Beds
    3 Bath
    2 Parking
    1,200 - 1,399 SQFT
    13 Days on Strata
    Est Sell Timeframe
    28 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $686/mth
    Taxes:
    $3,158 (2023)
    Cost Per Sqft:
    $490 - $571/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    30-59days
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    No Data

    Room Dimensions

    Bedroom
    10.83 x 14.57ft
    Bedroom
    10.76 x 12.4ft
    Bedroom
    10.17 x 9.51ft

    About this Listing

    Welcome to Lakeside Living in Burlington! This bright 3-bedroom, 3-bathroom townhome is situated at the back of the Village by the Lake community, offering peace and privacy just steps from the children's playground. The home is ready for your personal touch, providing a great opportunity to move in as is or update and customize to suit your style. Featuring a large patio with a deck, ensuite bath, brand-new roof and brand new front door, this home is designed for comfortable living. Enjoy the convenience of underground parking, eliminating the need for snow clearing in the winter, and make the most of the community pool during warmer months. Located directly across from Burloak Waterfront Park, you'll have easy access to scenic trails, beaches, and local festivals. Set in the Elizabeth Gardens neighbourhood, known for its quality schools and family-friendly atmosphere, this townhome is a perfect opportunity to make lakeside living your own.

    real broker ontario ltd.MLS® #W10404457

    Amenities

    Party Room
    Rec Room
    Sauna
    Lap Pool
    Indoor Parking
    Games Room

    Explore Neighbourhood

    3/10
    Walkability
    A sight of a grocery store is as rare as a unicorn sighting.
    3/10
    Transit
    You'll get to know the one bus driver really well. Like, really well.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    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%

    Price Trends

    Building Trends At 5475 Lakeshore Road Townhomes

    Days on Strata

    Units at 5475 Lakeshore Road Townhomes spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    24.1
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 14 condos in the Elizabeth Gardens area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    5475 Lakeshore Road Townhomes offers the
    ?
    best value out of 14 condos in the Elizabeth Gardens neighbourhood

    Appreciation Rank

    5475 Lakeshore Road Townhomes has the
    ?
    highest ROI out of 14 condos in the Elizabeth Gardens neighbourhood

    Rental Yield

    5475 Lakeshore Road Townhomes yields the
    ?
    highest rent prices out of 14 condos in the Elizabeth Gardens neighbourhood

    High Demand

    5475 Lakeshore Road Townhomes is the
    ?
    most popular building out of 14 condos in the Elizabeth Gardens neighbourhood

    Transaction Insights at 5475 Lakeshore Road

    2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$675,000 - $765,000No Data
    Avg. Cost Per SqftNo Data$651No Data
    Avg. Wait for Unit Availability811 Days91 DaysNo Data
    Ratio of Units in Building2%96%2%

    Transactions vs Inventory

    Total number of units listed and sold in Elizabeth Gardens