5280 Lakeshore Road
Building Highlights
Property Type:
Condo
Number of Storeys:
11
Number of Units:
140
Condo Completion:
1983
Condo Demand:
Low
Unit Size Range:
958 - 1,499 SQFT
Unit Availability:
Low
Property Management:
Amenities
About 5280 Lakeshore Road — Royal Vista Condos
Royal Vista Condos was completed in 1983 by a developer. While some buyers associate high maintenance fees with older buildings, maintenance fees at 5280 Lakeshore Road are only $0.71 per-square-foot. These Elizabeth Gardens condos for sale offer floor plans that are more spacious than most modern condos; there are 140 suites in this 11-storey residence, and units range from 958 square feet to 1499 square feet.
Maintenance fees are $0.71 per-square-foot, which is higher than the neighbourhood average of $0.64 per-square-foot.
The Suites
On average, units at 5280 Lakeshore Road sell -3.79% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $635 and units sell with 73 days on market on average. Over the past 12 months, 6 have sold and 6 have have been rented here.
The Neighbourhood
Those who call this condo home never have to travel far for dining out, as Napoli Pizza, Tim Hortons and Tha Spice is Right are all within 4 minutes walking distance from 5280 Lakeshore Road. Get to know Elizabeth Gardens by exploring local cafes like Starbucks.
Grocery shopping is never a chore with stores such as Food Basics and M&M Food Market in the area.
There are a number of banks within a short drive, including Scotiabank and BMO Bank of Montreal for all your investment needs.
Whether you're looking to play, exercise or gather with friends — nearby parks like Skyway Park, Burloak Waterfront Park and Burloak Island are the perfect spot for all kinds of activities.
Those who love to shop will appreciate all the options nearby with Appleby South, Appleby Village and Appleby Square just 4 minutes from here.
There are also several unique attractions nearby to keep yourself entertained, such as Art Studio & Gallery - NESAART — all just a quick 15-minute walk away.
There are plenty of nearby school choices — St. Patrick Catholic Elementary School, Mohawk Gardens Public School and Ascension Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs.
Transportation
Taking public transit? The nearest light transit stop is New at Walkers.
If you’re interested in checking out other similar condos within walking distance, you might like 5250 Lakeshore Road, 5280-5306 Bromley Road and 5188 Lakeshore Road.
Maintenance Fees
Listing History for Royal Vista Condos
Reviews for Royal Vista Condos
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Building Trends At Royal Vista Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Market Insights
Transaction Insights at Royal Vista Condos
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | No Data | $670,000 | $610,000 - $950,000 | No Data |
Avg. Cost Per Sqft | No Data | $695 | $649 | No Data |
Price Range | $3,000 - $3,150 | No Data | $3,400 - $3,950 | No Data |
Avg. Wait for Unit Availability | 289 Days | 887 Days | 75 Days | No Data |
Avg. Wait for Unit Availability | 284 Days | 570 Days | 151 Days | No Data |
Ratio of Units in Building | 21% | 3% | 77% | 2% |
Market Inventory
Total number of units listed and sold in Elizabeth Gardens