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$779K · 2 bed Condo Apartment · Appleby, Burlington | MyPropertyScout

$779,000

Unit 510

25 DOM

2225d

Map

⚡ Insider Deal

DOM 25

WaterfrontEstate Sale

$779,000

F●●●○○DOM25days

Unit 510

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

MLS® W13248898 · Appleby · L7L 5R1

22Vacant1400-1599 ft²Condo Apartment1-car Underground25d$520/ft²Lot 120,157.42$4,457 tax/yrBuilt 198541 yrs old

26% above market · 25 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

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
Beds: 2
Baths: 2 full, 0 half
Size: 1400-1599
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

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
Basement: None
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: Primary Bedroom - Main Floor
Parking features: Underground

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

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Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Source: TRREB/PROPTX · MLS® W13248898

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$779K

Unit 510 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $779,000✓ $4,457 tax✓ Gas✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,950/mo

incl. closing costs (yr 1)

Annual total

$83,399

year 1

Mortgage only

$2,955/mo

principal + interest

Beyond mortgage

$2,532/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$155,800

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%$7,790/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$12,055

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $35,463/yr

Property taxes20% $16,512/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $7,790/yr

Condo fees16% $12,974/yr

Closing costs6% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$35,463	$2,955/mo
Government & taxes
Property tax	$4,457	$371/mo
Land transfer tax(closing)	$12,055	$1,005/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%)	$7,790	$649/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	$83,399	$6,950/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

Rooms

Sales History

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Annual costs