A pic from exterior of the house or condo, cottage for 2381 LAKESHORE Rd, Burlington Ontario L7R 1B7
183 days on Market

2381 LAKESHORE Rd, Burlington, Ontario L7R 1B7

Detached
4 + 1
6
- sqft
$1,349,000
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Detached
4 + 1
6
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,793/mo

Tax Amount (2024)-

Days On Market183 days


Description

*TO BE BUILT by NEW OWNER* This opportunity to own on Lakeshore Rd offers multiple options. Use existing architectural design plans by SDMA Design & Architecture to build a 4320 sq.ft 2.5 storey home PLUS 1835 sq.ft. 1 bedroom in law suite on lower level. (Full design and floor plans available with option to customize still). OR design and build purpose-built rental units with the four units as-a-right with huge rental income potential, based on City of Burlington's goal to provide more housing opportunities OR combine 2379 and 2381 Lakeshore Rd for a custom built home on one of the most coveted streets in Burlington just minutes from downtown Burlington. OR design and build your dream home on existing property. Take advantage of this rarely offered property and build based your needs!


Property Details

Style2 1/2 Storey
View-
Age of propertyNew
SqFt-
Lot Size6,558 SqFt(133.73 x 49.04)
Parking Spaces4
MLS ®NumberW10403833
Community NameBurlington Waterfront
Data SourceTRREB
Listing bySotheby's International Realty Canada, Brokerage

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Walk-Up

Main Floor

Laundry

0.33 x 0.33

Kitchen

0.33 x 0.33

Dining

0.33 x 0.33

Family

0.33 x 0.33


Features

Lot size: 6,558 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 2

Total parking spaces 4


Property listed by Sotheby's International Realty Canada, Brokerage, Brokerage

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Market Data - Burlington Waterfront

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

68 days

Compared to

2023

34 days

2022

56 days

2021

19 days

New Listings

Past 30 days

32 listings

Compared to

2023

20 listings

2022

5 listings

2021

4 listings

Units sold

Past 30 days

3 units

Compared to

2023

9 units

2022

5 units

2021

15 units

Median Sold Price

Past 30 days

$1,082,000

Compared to

2023

$1,195,000

2022

$900,000

2021

$1,400,000


Population and Demographics

Overview

Total population 22723
Average household income $136,954

Age (%)

65 and plus
28%
50 to 64
23%
20 to 34
17%
35 to 49
17%
0 to 19
15%

Household composition (%)

Single family
55%
Single person
41%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
88%
Others
4%
Spanish
2%
French
2%
Arabic
1%
Polish
1%

House tenancy (%)

Renters
50%
Owners
50%

Schools and amenities

Estimated Budget