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Listed 28 days ago

1104 - 5280 Lakeshore Road

Appleby, Burlington

$869,900

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Welcome to Unit 1104 at Royal Vista, 5280 Lakeshore Road. This rarely offered corner suite provides unobstructed, breathtaking views of Lake Ontario. Offering almost 1,300 sqft of spacious living, this bright and inviting unit features an open-concept layout, extra side windows that fill the home with natural light, and stunning lake views from the main living areas and bedrooms! Hardwood throughout, bathrooms renovated, and upgraded kitchen with built-in appliances, granite counter tops and granite back splash. Crown Molding and pot lights throughout. Enjoy the convenience of a full laundry room, generous principal rooms, and 1 underground parking space. Located in a well-maintained lakeside building with resort-style amenities including an outdoor pool, tennis/pickleball court, fitness room, sauna, party/games room, workshop/hobby room, visitor parking, and landscaped grounds. A beautiful opportunity to enjoy waterfront living in one of Burlington's most desirable Lakeshore communities.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,157
LockerEnsuite
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,294
mls© NumberW13537046
Listed ByRIGHT AT HOME REALTY
Heat Included
Hydro Included
Water Included
Common Elements Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,453
Property tax
$358
Heat allowance
$150
Condo fees, half counted
$579
Housing costs
$5,539 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $173,980
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$3,661 / mo
Cash down
$173,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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