Hassan Nouman
5280 Lakeshore Road 506, Burlington, ON L7L 5R1, Burlington, ON
+7 photos
$819,000

5280 Lakeshore Road 506, Burlington, ON L7L 5R1, Burlington, ON

Burlington, ON L7L 5R1
2 beds 2 baths Condo Apartment

About this home

Welcome to Royal Vista! Stunning lakefront living with fantastic views. This gorgeous and spacious unit boasts top to bottom renovations showcasing the perfect location overlooking Lake Ontario.Upon entry you'll be greeted by a beautiful open concept living room/dining room complete with additional sitting space in front of the panoramic windows making the massive living space bright and inviting, perfect for entertaining guests or getting lost in the gorgeous views.A fully updated kitchen including newer stainless steel appliances, stone counters with a tile backsplash and clean cabinetry add to the warmth and appeal.The generous master bedroom includes an updated en suite bathroom with subway tile around the bathtub, new vanity and flooring. A second spacious bedroom plus additional bathroom with glass shower provide even more comfort and living space.Carpet free, with luxurious hand scraped wood flooring, new trim, in suite laundry and loads of closet and storage space make this unit one of a kind.Royal Vista also includes top notch amenities including a party room with a full kitchen, a full gym along with a dry sauna. Once the weather warms there's also a large outdoor pool a tennis court which can also be used for pickleball.Units in this building don't often come up, especially ones with this view and attention to detail. Check out this unique, exquisite place before it's gone!

Property Score

54/ 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
72% of city avggreat
Priced below Burlington's average of $1,145,000.
Appreciation Trend
+2.8%/yrgreat
Burlington has seen +2.8% YoY price change.
Monthly Cash Flow
-$3,015/mopoor
Estimated -$3,015/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1.19%poor
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # W13041202
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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