5250 Lakeshore Rd 404

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5250 Lakeshore Rd 404, Burlington
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W3980967
MLSID
Contact Us
Property Description
Stunning Lake View!! Largest Suite In Admiral's Walk! 1573 Sq Ft 2 Bedroom + Sunken Den. Newer Windows And Patio Doors 2017. Fantastic Layout !! Hardwood Floors In Living/Dining Room And Hallway, Granite Counter Tops In Kitchen Plus Insuite Laundry Permitted!! "Wow"!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-02-04 2023-02-06 2 $2,950 $2,950 Leased
2020-06-16 2020-08-11 56 $2,700 - Terminated
Extras
Fridge, Stove, Broadloom, Dishwasher, New Window, Air Conditioner Unit, B/I Dishwasher
Property Features
Lake Access, Public Transit, Waterfront
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$3,106 (2017)
Basement
Apartment
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.50' x 21.16'W/O To Balcony, Overlook Water, Hardwood Floor
DiningFlat9.15' x 10.01'Combined W/Living, Hardwood Floor
KitchenFlat13.65' x 16.57'
MasterFlat11.84' x 15.32'4 Pc Ensuite
2nd BrFlat10.01' x 10.86'
DenFlat11.22' x 12.99'Sunken Room, Overlook Water, Broadloom
Burlington Market Statistics
Burlington Price Trend
5250 Lakeshore Rd 404 is a 2-bedroom 2-bathroom condo listed for sale at $469,000, which is $197,875 (29.7%) lower than the average sold price of $666,875 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom condo in Burlington declined by $40,767 (5.8%) compared to the previous 30 day period (February 26 - March 26) and down $1,666 (0.2%) from the same time one year ago.
Inventory Change
There were 80 2-bedroom condos listed in Burlington over the last 30 days (March 27 - April 25), which is up 90.5% compared with the previous 30 day period (February 26 - March 26) and up 70.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($10,052) (1.5%) below asking price over the last 30 days (March 27 - April 25), which represents a $79 increase compared to the previous 30 day period (February 26 - March 26) and ($7,326) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Burlington over the last 30 days (March 27 - April 25) stood at 50.0%, down from 83.3% over the previous 30 days (February 26 - March 26) and down from 72.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Burlington stood at 19 days when successfully sold over the last 30 days (March 27 - April 25), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd., Brokerage
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