5340 Lakeshore Rd 706

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5340 Lakeshore Rd 706, Burlington
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
W3583932
MLSID
Contact Us
Property Description
Your Lakefront Luxury Abode Awaits.Welcome Home Tothis Beautifully Appointed,Quiet Turn Key Retreat. Your Search Ends At This Very Tastefully Appointed Bright, Spacious & Open Concepted Unit Which Features 9 Ft Ceilings, Crown Mouldings & A Generous Terrace. Great Location Close To All Amenities,Transit,Highway & Waterfront.
Extras
All Elec. Light Fixtures, All Appliances,All Window Coverings, An Underground Parking Spot & Locker...Furniture Is Negotiable..
Property Features
Lake Access, Level, Marina, Public Transit, Waterfront
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,696 (2015)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Parking 2
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
KitchenFlat9.09' x 8.14'Ceramic Floor, Open Concept, Breakfast Bar
LivingFlat15.09' x 13.39'Hardwood Floor, W/O To Balcony, Sliding Doors
DenFlat11.48' x 9.51'Hardwood Floor, Combined W/Dining
MasterFlat10.07' x 10.17'4 Pc Ensuite, W/I Closet, Hardwood Floor
Burlington Market Statistics
Burlington Price Trend
5340 Lakeshore Rd 706 is a 1-bedroom 2-bathroom condo listed for sale at $449,900, which is $77,817 (14.7%) lower than the average sold price of $527,717 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $6,050 (1.1%) compared to the previous 30 day period (February 24 - March 24) and up $4,631 (0.9%) from the same time one year ago.
Inventory Change
There were 44 1-bedroom condos listed in Burlington over the last 30 days (March 25 - April 23), which is up 18.9% compared with the previous 30 day period (February 24 - March 24) and up 175.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($14,760) (2.8%) below asking price over the last 30 days (March 25 - April 23), which represents a $7,843 decrease compared to the previous 30 day period (February 24 - March 24) and ($10,469) 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 25 - April 23) stood at 52.3%, down from 75.7% over the previous 30 days (February 24 - March 24) and down from 143.8% 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 52 days when successfully sold over the last 30 days (March 25 - April 23), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sam Mcdadi Real Estate Inc., Brokerage
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