Hassan Nouman
2428 Lakeshore Road, Burlington, ON L7R 1C1, Burlington, ON
+7 photos
$2,099,000

2428 Lakeshore Road, Burlington, ON L7R 1C1, Burlington, ON

Burlington, ON L7R 1C1
5 beds 4 baths Detached

About this home

STEPS FROM THE LAKE WITH INCREDIBLE WATER VIEWS THROUGHOUT! This 4+1 bedroom, 3.5 bath 2 storey home is situated on the south side of Lakeshore Road and is beautifully appointed throughout. The home is approximately 2400 square feet PLUS a finished lower level. The main floor boasts beautiful hardwood flooring, smooth ceilings with pot-lights and crown moulding throughout. The large updated eat-in kitchen includes a large peninsula, quality cabinetry, granite counters, a pantry, wine room and stainless-steel appliances! The kitchen is also open to the oversized family room with a gas fireplace and access to the private backyard with stunning views of the lake. The main floor features a large living / dining room combination with a second gas fireplace, powder room and garage access. The second level of the home includes 3 large bedrooms PLUS an oversized office / den with a private balcony and two full bathrooms. The primary bedroom includes a walk-in closet and a stunning 4-piece ensuite with heated flooring. The lower level has a large rec room, 3-piece bath, bedroom, laundry room and ample storage! The exterior has been professionally landscaped and features a private yard with a large composite deck, great curb appeal and a double driveway with parking for 4 vehicles as well as a double car garage! This home is conveniently located close to all amenities and walking distance to Burlington's core and all it has to offer! Beautiful lake viewing area at the end of the street to enjoy all the spectacular sunsets up close!

Property Score

48/ 100
Overall Property Score
fair

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
62/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
82/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
183% of city avgpoor
Priced above Burlington's average of $1,145,000.
Appreciation Trend
+2.8%/yrgreat
Burlington has seen +2.8% YoY price change.
Monthly Cash Flow
-$7,778/mopoor
Estimated -$7,778/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1.17%poor
Net operating income divided by purchase price.
Basement Suite Potential
+$1,830/moexcellent
Existing/legal suite estimated at $1,830/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # W13033868
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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