5340 Lakeshore Rd 706
Appleby, Burlington, L7L 7A8
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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.
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Extras
All Elec. Light Fixtures, All Appliances,All Window Coverings, An Underground Parking Spot & Locker...Furniture Is Negotiable..Excl:Hwt( If Rental).
Property Features
Lake Access, Level, Marina, Public Transit, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,696 (2016)
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 9.09' x 8.14' | Ceramic Floor, Open Concept, Breakfast Bar |
| Living | Flat | 15.09' x 13.39' | Hardwood Floor, W/O To Balcony, Sliding Doors |
| Den | Flat | 11.48' x 9.51' | Hardwood Floor, Combined W/Dining |
| Master | Flat | 10.07' x 10.17' | 4 Pc Ensuite, W/I Closet, Hardwood Floor |
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Burlington Market Statistics
Burlington Price Trend
5340 Lakeshore Rd 706 is a 1-bedroom 2-bathroom condo listed for sale at $425,000, which is $117,183 (21.6%) lower than the average sold price of $542,183 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Burlington increased by $8,416 (1.6%) compared to the previous 30 day period (February 26 - March 26) and up $21,379 (4.1%) from the same time one year ago.Inventory Change
There were 48 1-bedroom condos listed in Burlington over the last 30 days (March 27 - April 25), which is up 26.3% compared with the previous 30 day period (February 26 - March 26) and up 182.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($12,273) (2.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $5,356 decrease compared to the previous 30 day period (February 26 - March 26) and ($10,151) 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 27 - April 25) stood at 62.5%, down from 73.7% over the previous 30 days (February 26 - March 26) and down from 147.1% 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 34 days when successfully sold over the last 30 days (March 27 - April 25), compared to 92 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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