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    Burlington / Elizabeth Gardens

    305 - 5194 Lakeshore Rd

    For SaleWaterford Place Condos
    $899,900
    1 Bed + 1
    1 Bath
    2 Parking
    941 SQFT
    36 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $635/mth
    Taxes:
    $3,948 (2024)
    Cost Per Sqft:
    $956/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Den
    Hardwood Floor
    8.96 x 8.89ft
    Kitchen
    Stainless Steel Appliances, Granite Counter
    9.58 x 10.4ft
    Living
    Combined with Dining
    20.21 x 11.81ft

    About this Listing

    Welcome to the elegant "Waterford" residence. Rarely offered - WATERFRONT unit ! Spectacular view! Spacious one bedroom plus den with 2 WALKOUTS to the extra large balcony. The large patio doors flood the space with natural light creating a warm and inviting atmosphere. Rich dark cabinetry in the kitchen with granite countertops. Hardwood and tile floors make it carpet free. Custom built ins in the walk in closet in the primary bedroom. Soaker jacuzzi tub with separate stand up shower. Dedicated den makes for a great home office or could support a pull out couch for guests. Lots of storage in the laundry room. The million dollar view grabs you the minute you open the door. 2 deeded underground parking spots. One locker. The impressive grounds are welcoming and offer 2 BBQs & a gazebo which is sure to become a favourite spot for you and your guests. Residents also enjoy a fitness room and party room. Reasonable condo fees, and a well managed building. 1 pet allowed, max 25lbs. Status available.

    ExtrasJacuzzi tub in ensuite "as is". Current Seller never used it

    re/max aboutowne realty corp.MLS® #W9256551

    Amenities

    BBQ
    Rec Room
    Bike Storage
    Games Room
    Security System
    Gym Room

    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,895
    Average Individual Income
    $70,213
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $121,842
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    21%
    50 - 64
    20%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    26%
    Low Rise Apartment
    12%
    Duplex
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    7%
    Punjabi
    3%
    Spanish
    1%
    Education
    High School
    29%
    University and Above
    26%
    College
    21%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Waterford Place Condos vs The Elizabeth Gardens Area

    Building Trends At Waterford Place Condos

    Days on Strata

    Units at Waterford Place Condos spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Elizabeth Gardens

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 25 condos in the Elizabeth Gardens area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Waterford Place Condos offers the
    ?
    best value out of 25 condos in the Elizabeth Gardens neighbourhood

    Appreciation Rank

    Waterford Place Condos has the
    ?
    highest ROI out of 25 condos in the Elizabeth Gardens neighbourhood

    Rental Yield

    Waterford Place Condos yields the
    ?
    highest rent prices out of 25 condos in the Elizabeth Gardens neighbourhood

    High Demand

    Waterford Place Condos is the
    ?
    most popular building out of 25 condos in the Elizabeth Gardens neighbourhood

    Transaction Insights at 5188 Lakeshore Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$735,000 - $1,295,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$727No DataNo Data
    Avg. Wait for Unit Availability568 Days716 Days99 DaysNo DataNo Data
    Ratio of Units in Building9%8%76%8%2%

    Transactions vs Inventory

    Total number of units listed and sold in Elizabeth Gardens