TownhouseOn market 46 days

1389 Lakeshore Rd, Burlington

Name: 1389 Lakeshore Road
SKU: W13752592
Price: 1689000 CAD
Availability: InStock

Burlington, ON · · MLS® W13752592Updated October 4, 2026

$1,689,000Est. $8,298/mo mortgage

Bedrooms: 4
Bathrooms: 3
Living space: 2500–3000sq ft
Parking spaces: 4

Type Townhouse
Lot 50 acres
Garage Yes
Basement Apartment, Finished with Walk-Out

What you should know

1389 Lakeshore Rd is a 4-bedroom, 3-bathroom townhouse in Burlington, listed for $1,689,000. It has 2500-3000 sq ft of living space.

Rarely offered Executive Freehold Townhome directly across from Spencer Smith Park, with spectacular views of Lake Ontario.Enjoy the best of downtown Burlington waterfront living.
This versatile space is ideal for extended family, guests or a private home office, and offers excellent income potential - a rare and opportunity!
This is downtown Burlington living at its finest.

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4 Bed, 3 Bath Townhouse in Burlington

About 1389 Lakeshore Road

Rarely offered Executive Freehold Townhome directly across from Spencer Smith Park, with spectacular views of Lake Ontario.Enjoy the best of downtown Burlington waterfront living. Offering over 3,000 sq. ft. of beautifully finished living space, this FREEHOLD TOWNHOME combines sophisticated comfort and an extraordinary location steps from Lake Ontario.This home features hardwood flooring and multiple walkouts Walk out from the living room, kitchen and upper-level office, providing indoor/outdoor living and an ideal environment for entertaining.A standout feature is the fully self-contained lower-level suite, complete with its own separate entrance and private patio. This versatile space is ideal for extended family, guests or a private home office, and offers excellent income potential - a rare and opportunity! Four-car parking is an extraordinary advantage in this prime location, with attached garage and additional parking - a truly rare amenity.Step outside and enjoy Spencer Smith Park, the waterfront, scenic walking and cycling trails, restaurants, cafés, shopping and downtown amenities at your doorstep. The Art Gallery of Burlington and Burlington Performing Arts Centre are close by, as is Joseph Brant Hospital.This is a lifestyle location where you can walk to the lake, enjoy theatre, dine at one of Burlington's many restaurants or stroll along the waterfront.A rare combination of space, parking and a waterfront location. This is downtown Burlington living at its finest. LAKESHORE! LOCATION! LIFESTYLE!

4 bedrooms, 3 bathrooms, about 2,500 sq ft, works out to roughly $676 per square foot. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.

Inside 1389 Lakeshore Rd

Every detail from the listing, in one place.

Type: Townhouse
Style: 3-Storey
Living space: 2500-3000 sq ftas stated on the listing
Parking: 4 spacesYes garage
Basement: Apartment, Finished with Walk-Out

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 4

Interior

Basement: Apartment · Finished with Walk-Out

Lot & land

Lot size (sqft): 2260.42

Listing & possession

Property style: 3-Storey
Property class: Att/Row/Townhouse

1389 Lakeshore Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 8, 2026For saleListedThis listingMLS® W13752592$1,689,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1389 Lakeshore Rd Compares to the Burlington Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 1,775 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Burlington market, last 90 days

Median sold price: $943,750
Average sold price: $1,107,224
Average days on market: 33
Homes sold: 1,038

Closed sales on the TRREB MLS®.

Full Burlington market report

Recently sold nearby in Burlington

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home1389 Lakeshore Road 4 bd · 3 ba · 2,500 sqft	$1,689,000asking	$676	—	—
1253 Stephenson Drive 3 bd · 3 ba · 1,500 sqft
3202 Munson Crescent 3 bd · 3 ba · 1,500 sqft
4055 Forest Run Avenue 3 bd · 2 ba · 1,100 sqft
3115 Edgar Avenue 3 bd · 1 ba · 1,100 sqft
621 Budgeon Common 3 bd · 1 ba · 1,100 sqft
2396 Emerson Drive 3 bd · 2 ba · 1,100 sqft

1253 Stephenson Drive
3 bd · 3 ba · 1,500 sqft
3202 Munson Crescent
3 bd · 3 ba · 1,500 sqft
4055 Forest Run Avenue
3 bd · 2 ba · 1,100 sqft
3115 Edgar Avenue
3 bd · 1 ba · 1,100 sqft
621 Budgeon Common
3 bd · 1 ba · 1,100 sqft
2396 Emerson Drive
3 bd · 2 ba · 1,100 sqft

Living in Burlington: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

How long is your commute?

From 1389 Lakeshore Rd. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1389 Lakeshore Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $8,298; 20% down · 25 years · 5.5% assumed
Property tax: $929; 0.66% mill rate · ON
Total per month: $9,227; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$8,298

/mo

based on the purchase price of $1,689,000

Down payment20%

$337,800 cash

Amortization25 yr

$1,351,200 financed

Rate5.50%

$1,138,065 total interest

Principal54%$1,351,200

Interest46%$1,138,065

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES, BrokerageMLS® W13752592 · Listing data last updated October 4, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Sep 7· $676/sq ft

Estimated monthly mortgage$8,298/moMortgage only · 20% down · 5.5% assumed

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