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Listed 19 days ago

501 - 2121 Lakeshore Road

Brant, Burlington

$830,000

Condo Apartment |
2 + 1 | 2 | 2 | 1
About this home

Village Gate condominiums offer a location walking distance to downtown shops, restaurants, Spencer Smith, the waterfront trail and major highways and offers a low maintenance lifestyle with every convenience at your fingertips in one of Burlington's most sought-after Lakeshore areas. Your guests will be welcomed by an updated lobby, well maintained grounds and a quiet atmosphere, indicating that this professionally managed community is a pleasure to live in. This 2 bedroom, 2 bath corner suite offers spacious and thoughtfully planned living space with a quiet treed setting and peaceful views of the manicured grounds, Rambo Creek and Lake Ontario. Designed for style and functionality, the updated kitchen features quartz counters, stainless-steel appliances, a stylish backsplash and a breakfast bar. The open concept living and dining areas enjoy eastern exposure, filling the space with natural light through the tree-lined windows and the generous layout grants enough room for multiple seating areas to entertain comfortably. An adjacent sunroom with French doors, and glimpses of the lake provides an ideal space for a home office, reading room or dinette. The primary suite is equipped with a large walk-in closet and an ensuite, his and her sinks, standalone shower. Additional highlights include a spacious second bedroom, a 4-piece bath, side by side in-suite laundry, a front coat closet, custom walk-in pantry, and a separate storage locker. Enjoy the benefits of TWO UNDERGROUND PARKING SPOTS, ample visitor parking, and condo fees inclusive of all utilities, cable, and internet.

Extras

No extras listed.

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Got questions?

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$1,440
LockerExclusive
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$6,132
mls© NumberW13576598
Listed ByREALTY WORLD LEGACY
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,248
Property tax
$511
Heat allowance
$150
Condo fees, half counted
$720
Housing costs
$5,629 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $166,000
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$3,493 / mo
Cash down
$166,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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