5250 Lakeshore Rd 808

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5250 Lakeshore Rd 808, Burlington
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W4064715
MLSID
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Property Description
Amazing Views Of Lake Ont. From The Balcony & All Windows Of This 1419 Square Foot 1 B/R + Den Condo Apt In Admiral's Walk. This Building Is The Best Kept Secret In Burlington. Spacious Floor Plan With Lots Of Closets & Storage. Large Master Bedroom W/Beautiful Water Views. Huge Dining Room Also With Water Views. The Den Could Be Easily Converted Into A 2nd B/R. Easy Access To Major Highways & Stores. Lots Of Underground Visitor Parking.
Extras
Fridge, Stove, All Electrical Light Fixtures, 1 Underground Parking Space Level P 2 # 167, 1 Locker Also Level P 2 Locker Room G # 19. The Legal Description Is Level B For Both.
Property Features
Lake Access, Lake/Pond, Level, Park, Public Transit, Waterfront
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$2,536 (2017)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Water
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Wall Unit
Elevator
Yes
Parking 1
Exclusive (Lvl P2)
Parking 2
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.50' x 25.33'Overlook Water, W/O To Balcony, Broadloom
DiningFlat9.32' x 10.24'Overlook Water, Broadloom
KitchenFlat8.50' x 12.50'Eat-In Kitchen
MasterFlat13.81' x 14.83'Overlook Water, 4 Pc Ensuite, Walk-Thru
DenFlat11.15' x 14.24'Overlook Water, Broadloom
FoyerFlat8.73' x 10.99'Mirrored Closet
UtilityFlat5.38' x 7.61'
Burlington Market Statistics
Burlington Price Trend
5250 Lakeshore Rd 808 is a 1-bedroom 2-bathroom condo listed for sale at $449,900, which is $69,655 (13.4%) lower than the average sold price of $519,555 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $15,745 (2.9%) compared to the previous 30 day period (February 9 - March 9) and down $11,864 (2.2%) from the same time one year ago.
Inventory Change
There were 35 1-bedroom condos listed in Burlington over the last 30 days (March 10 - April 8), which is down 2.8% compared with the previous 30 day period (February 9 - March 9) and up 52.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($12,018) (2.3%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,061 increase compared to the previous 30 day period (February 9 - March 9) and ($6,601) 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 1-bedroom condos in Burlington over the last 30 days (March 10 - April 8) stood at 77.1%, up from 55.6% over the previous 30 days (February 9 - March 9) and down from 160.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Burlington stood at 48 days when successfully sold over the last 30 days (March 10 - April 8), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp., Brokerage
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