$779,000

For sale

#404 2121 Lakeshore Road, Burlington (Brant) - Single Family for Sale

#404 2121 Lakeshore Road, Burlington (Brant), Ontario, L7R1C9

3 beds2 baths1 parking1,500 ft²$1,336/mo condo feeListed 34 days ago

Overview

This 3-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 1,500 sq ft of space. Its $779,000 asking price sits right in line with the $779,000 median in Burlington. It has been on the market 34 days, fresher than the Burlington average of 60 days.

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Description

Walk to Downtown, Spencer Smith Park, the Waterfront Trail and Restaurants! Welcome to Village Gate Condominiums, where manicured grounds, a beautifully updated lobby and a quiet, well-maintained atmosphere create an inviting place to call home. This bright and spacious 2 Bedroom, 2 Bathroom condo with a generous den offers a thoughtfully designed layout with plenty of space for everyday living and entertaining. The open concept living and dining areas provide an effortless flow and a welcoming setting for gatherings. The spacious primary suite features a private ensuite bathroom and walk-in closet while the second bedroom offers flexibility for family, guests or a home office. Enjoy the convenience of one underground parking space, one spacious storage locker and ample visitor parking. Ideally located within walking distance to Downtown Burlington, Spencer Smith Park, the Waterfront Trail, restaurants, shops and everyday amenities, this is an excellent opportunity to enjoy a low-maintenance lifestyle in one of Burlington's desirable Waterfront Communities. (id:66096)

Property Details

MLS®: W13851194
Property Type: Single Family
Zoning: RM-5
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,500 ft²
Basement: None
Heating: Heat Pump, Natural gas, Other
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $1,336/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $5,746.43/yr
Listed: 34 days ago

Rooms

Main level

Living room: 8.2 x 6.46 meters
Den: 3.85 x 3.38 meters
Primary Bedroom: 5.23 x 4.5 meters
Bedroom 2: 4.63 x 3.71 meters
Kitchen: 4.95 x 2.68 meters
Bathroom: 2.35 x 1.56 meters
Laundry room: 1.56 x 1.51 meters
Foyer: 2.78 x 1.59 meters

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

Features

Appliances: All, Washer, Refrigerator, Stove, Dryer, Garage door opener remote(s)
Foundation: Concrete
Exterior: Brick
Lot Features: Flat site, Elevator, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Burlington (Brant) listings, avg age

60d

Price / ft²

$520

List price

$779K

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 3-bed single family in Burlington (Brant) has been listed for 34 days, which is 26 days fresher than the city average of 60. Act while there is still low competition.

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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES · PATRICIA ANNE RENDE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7R)

This home lists at $779,000, about 9.1× the local median household income of $86,000.

Carrying it typically needs a household income of about $152,166 (20% down, 25-yr amortization, stress-tested) — roughly 77% 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)

$779,000· $520/ft²

For sale

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Full Cost Breakdown

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Down Payment6.79% · $52,900.00

Min 6.79%50%

Mortgage payment$4,026/mo

↳ CMHC premium ($29,044 capitalized)

Property tax (est.)$479/mo

Condo fee$1,336/mo

Total monthly$5,840

Cash Needed to Close

Down payment (6.79%)$52,900

Land transfer tax$12,055

Est. closing costs$4,837

Total cash needed$69,792

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