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$739K · 2 bed Condo Apartment · Unit 510, Royal vista, 5280 Lakeshore Road, Burlington, Ontario L7L 5R1 | HomeSearchCanada

$739,000

Unit 510

92 DOM

2292d

Map

⚡ Insider Deal

DOM 92

↓ $40KMotivated SellerWaterfrontEstate Sale

$739,000

↓ $40KMotivated Seller

DOM92days

Unit 510

Royal vista · 5280 Lakeshore Road · Burlington · Ontario L7L 5R1

MLS® W13248898 · Appleby · L7L 5R1

22Vacant1400-1599 ft²Condo Apartment1-car UndergroundNo basement92d$493/ft²Lot 120,157.42$4,457 tax/yrBuilt 198541 yrs oldNo basement

92 days on market

About this home

Welcome to Unit 510 at 5280 Lakeshore Road - Royal Vista. This WATERFRONT - Open Concept unit is bright, spacious and offers 2 Bedrooms , 2 Baths and One Underground Parking Space. Kitchen and Bathrooms have been nicely renovated. The incredible amenities include an outdoor salt water pool, a tennis and pickleball court, barbeques, saunas, an exercise room, a party room and visitor parking. Situated near grocery stores, waterfront parks and trails, great restaurants and shops, public transportat…

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Property details

MLS#: W13248898
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 7
Kitchens: 1
Size: 1400-1599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: 1985

Occupancy: Vacant
Washrooms: 3 pc · Main; 3 pc · Main
Family room: Family room
Central vacuum: No
Ensuite laundry: Ensuite laundry

Zoning: RM4-218

Roof: Flat
Foundation: Poured Concrete
Property features: Lake/Pond, Park, Public Transit, Waterfront

Fireplaces: 0

View: Lake, Panoramic

Waterfront: Yes
Water view: Direct
Water body: Lake Ontario
Water frontage: 435 ft
Shoreline: Natural
Waterfront features: Not Applicable

Building name: Royal vista
Condo corp #: 115
Balcony: Enclosed
Locker: None
Association amenities: Communal Waterfront Area, Elevator, Exercise Room, Party Room/Meeting Room, Tennis Court
Fees include: Heat Included, Hydro Included, Water Included, Parking Included
Pets: No

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Exterior: Stucco (Plaster) · Year Round Living
Fronting on: —
Cross street: Lakeshore/Burloak
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Main Level
Interior: Primary Bedroom - Main Floor
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $40KPrice reduction

MLS shows the seller reduced the asking price by $40,000 (from $779,000 to $739,000).

Motivated SellerWhy this label

Estate sale — Listing remarks or MLS designation indicate an estate sale.
92 days on market — Listing has been active for 92 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: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Source: TRREB/PROPTX · MLS® W13248898

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$739K

Unit 510 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $739,000✓ $4,457 tax✓ Gas✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,698/mo

incl. closing costs (yr 1)

Annual total

$80,378

year 1

Mortgage only

$2,804/mo

principal + interest

Beyond mortgage

$2,498/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$147,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$371/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,500 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%$7,390/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)$90/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$11,255

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $33,642/yr

Property taxes20% $15,712/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $7,390/yr

Condo fees16% $12,974/yr

Closing costs6% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$33,642	$2,804/mo
Government & taxes
Property tax	$4,457	$371/mo
Land transfer tax(closing)	$11,255	$938/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%)	$7,390	$616/mo
Condo fees
Condo / HOA fees	$12,974	$1,081/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	$80,378	$6,698/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 510

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs