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$700K · 1 bed Condo Apartment · Unit 505, 2060 Lakeshore Road, Burlington, Ontario L7R 5A1 | HomeSearchCanada

$699,850

Unit 505

95 DOM

1195d

Map

DOM 95

Motivated SellerWaterfront

$699,850

Motivated Seller

DOM95days

Unit 505

2060 Lakeshore Road · Burlington · Ontario L7R 5A1

MLS® W13229484 · Brant · L7R 5A1

11TenantOccupied600-699 ft²Condo Apartment1-car UndergroundNo basement95d$1,078/ft²$0 tax/yrNo basement

95 days on market

About this home

Experience An Unparalleled Standard Of Waterfront Living In GTA's Most Luxurious Waterfront Condo Residence, Where Sophisticated Design, Exceptional Amenities & Breathtaking Lake Views Converge. Connected To The Pearl Hotel & Spa, Residents Enjoy An Impressive Collection Of Resort-Style Amenities Including Concierge Service, A Fully Equipped Fitness Centre, Indoor Swimming Pool, Elegant Party & Event Facilities. Renowned For Its Strong Sense Of Community, Showcased Through A Beautiful Resident-C…

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Property details

MLS#: W13229484
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 3
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Tenant Occupied
Washrooms: 3 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Fireplace features: Fireplace Insert

View: Water

Waterfront: Yes
Water view: Direct,Unobstructive
Water body: Lake Ontario
Shoreline: Clean
Waterfront features: Stairs to Waterfront

Condo corp #: 735
Balcony: Open
Locker: Owned
Fees include: Heat Included, Hydro Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Exterior: Brick, Concrete
Fronting on: —
Cross street: Pearl St and Elizabeth St
Stories: 5
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: —

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

95 days on market — Listing has been active for 95 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX REALTY ENTERPRISES INC.

Source: TRREB/PROPTX · MLS® W13229484

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$700K

Unit 505 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $699,850✓ $0 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,807/mo

incl. closing costs (yr 1)

Annual total

$69,687

year 1

Mortgage only

$2,655/mo

principal + interest

Beyond mortgage

$1,821/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$139,970

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$0/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$67/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,472

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $31,860/yr

Property taxes15% $10,472/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,999/yr

Condo fees14% $9,696/yr

Closing costs7% $5,100/yr

Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,860	$2,655/mo
Government & taxes
Land transfer tax(closing)	$10,472	$873/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,999	$583/mo
Condo fees
Condo / HOA fees	$9,696	$808/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$69,687	$5,807/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 505

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs