$499,900

For sale

#202 2060 LAKESHORE Road, Burlington - Single Family for Sale

#202 2060 LAKESHORE Road, Burlington, Ontario, L7R0G2

1 bed1 bath1 parking519 ft²$727/mo condo feeListed 55 days ago

Overview

This 1-bedroom, 1-bathroom condo in Burlington is for sale offering roughly 519 sq ft of space. Listed at $499,900, it is attractively priced about 23% below the $649,000 median asking price in Burlington. It has been on the market 55 days, fresher than the Burlington average of 58 days.

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Description

Experience sophisticated waterfront living at Bridgewater Private Residences. This beautifully appointed 1-bed, 1-bath residence features soaring10-foot ceilings and a thoughtfully designed open-concept layout, creating an impressive sense of light and space with floor-to-ceiling windows and doors.. The chef-inspired kitchen is appointed with premium Thermador and Bosch appliances, blending timeless elegance with exceptional residents' everyday functionality. Step outside to the expansive covered terrace, complete with a gas BBQ hookup, creating a seamless indoor-outdoor living experience that's perfect for morning coffee, alfresco dining, or entertaining guests. Residents enjoy an unparalleled collection of luxury amenities, including a 24-hour concierge, indoor pool, two fitness studios, rooftop BBQ terrace, resident's lounge, games room, bike storage, and visitor parking. Ideally located in the heart of downtown Burlington, you'll enjoy a walkable waterfront lifestyle just steps from Spencer Smith Park, the Burlington waterfront, award-winning restaurants, cafes, boutique shopping, and everyday conveniences. (id:66096)

Property Details

MLS®: 40862097
Property Type: Single Family
Zoning: DW-373
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 519 ft²
Year Built: 2021
Storeys: 1
Style: Other
Basement: None
Heating: Heat Pump, Forced air
Cooling: Central air conditioning
Garage: Underground, None
Waterfront: Yes
Condo Fee: $727/mo
Fee Includes

Rooms

Main level

Other: 21'9'' x 8'5''
Bedroom: 10'0'' x 10'3''
4pc Bathroom: 4'11'' x 8'10''
Kitchen: 8'5'' x 13'0''
Living room: 13'0'' x 12'4''
Foyer: 5'10'' x 5'3''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dishwasher, Dryer, Window Coverings, Garage door opener, Microwave Built-in
Exterior: Brick, Stone
Lot Features: Conservation/green belt, Balcony, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Burlington listings, avg age

58d

Price / ft²

$963

List price

$500K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 1-bed single family in Burlington has been listed for 55 days, which is 3 days fresher than the city average of 58. Act while there is still low competition.

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Listed by Keller Williams Edge Realty · Cheryl Bender

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7R)

This home lists at $499,900, about 5.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.

Median household income: $86,000
Population: 17,338
Median age: 45.2
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA L7R)

$499,900· $963/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$269/mo

Condo fee$727/mo

Total monthly$3,629

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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