5188 Lakeshore Rd #310 is a 2-bedroom, 2-bathroom condo in Burlington, listed for $799,000. It has 1000-1199 sq ft of living space.
1Freshly painted throughout & move-in ready!
2Suite 310 offers over 1,120 sq. ft. of bright, well-proportioned living space enhanced by 9-foot ceilings and a desirable east-facing exposure that fills the home with warm, natural light.
3An exceptional, low-maintenance lifestyle offering outstanding value along the South Burlington waterfront.
Freshly painted throughout & move-in ready! Welcome to Waterford Place, a beautifully maintained boutique condominium set on the shores of Lake Ontario, where thoughtful management, attention to detail, and genuine pride of ownership are evident throughout. Offering a refined alternative to high-rise towers, this exclusive, low-density boutique community delivers true privacy, quiet living, and everyday ease. Suite 310 offers over 1,120 sq. ft. of bright, well-proportioned living space enhanced by 9-foot ceilings and a desirable east-facing exposure that fills the home with warm, natural light. The expansive open-concept living and dining rooms create an airy, elegant space that flows effortlessly to an updated, glass-framed walk-out balcony (approx. 100 sq. ft.)-the perfect setting to relax and enjoy peaceful views of the mature landscaped grounds.The kitchen is thoughtfully designed with a breakfast bar, stainless steel appliances, under-cabinet task lighting, and ample counter and storage space. The generous primary retreat features a walk-in closet, double closet, linen closet, and a private 5-piece ensuite bath, while the sizable second bedroom and full second bath provide exceptional versatility for guests, hobbies, or a dedicated home office.Complete with convenient in-suite laundry, 1 underground parking space, and an owned storage locker. Residents enjoy manicured lakeside grounds with direct waterfront access and private seating right along the lake. An exceptional, low-maintenance lifestyle offering outstanding value along the South Burlington waterfront.
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $799 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.Ask Zara a follow-up
Inside 5188 Lakeshore Rd #310
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
5188 Lakeshore Rd #310 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13877818$799,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5188 Lakeshore Rd #310 Compares to the Burlington Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,925
/mo
based on the purchase price of $799,000
$159,800 cash
$639,200 financed
$538,374 total interest
Principal54%$639,200
Interest46%$538,374
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 PropTx 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 PropTx 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.
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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 PropTx, 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.
Similar homes for sale nearby in Burlington
Other 1–2 bed homes for sale in Burlington around $799K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings834Homes for sale here right now.
Median vs prior 90 days+3.8%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 1,083 sales from Jul 10 – Oct 8, 2026 (680 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 5188 Lakeshore Rd — plus its sale and lease history.
5188 Lakeshore Rd #310 is listed at $799,000 (MLS® W13877818). Summitly updates the price as soon as the MLS® record changes.
Is $799,000 a good price for 5188 Lakeshore Rd #310?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Burlington. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5188 Lakeshore Rd #310 changed?
No — 5188 Lakeshore Rd #310 is still listed at its original asking price of $799,000.
How many bedrooms and bathrooms does 5188 Lakeshore Rd #310 have?
5188 Lakeshore Rd #310 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Burlington.
Is 5188 Lakeshore Rd #310 close to transit?
The nearest rapid-transit station is Appleby GO Station (Lakeshore West GO), about 2.6 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5188 Lakeshore Rd #310?
About $3,925 a month — principal and interest on $799,000 with 20% down ($159,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5188 Lakeshore Rd #310 compare with other homes in Burlington?
Its asking price of $799,000 is about 17% below the median sold price in Burlington over the last 90 days, $960,000, across 1,083 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5188 Lakeshore Rd #310 been sold before?
Summitly has no earlier MLS® sale or lease of 5188 Lakeshore Rd #310 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5188 Lakeshore Rd #310?
5188 Lakeshore Rd #310 is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5188 Lakeshore Rd #310 been on the market?
5188 Lakeshore Rd #310 was listed today (October 8, 2026).
What is the price per square foot of 5188 Lakeshore Rd #310?
About $666 to $799 per square foot: the asking price of $799,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 5188 Lakeshore Rd #310 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
