5188 Lakeshore Rd #409 is a 2-bedroom, 2-bathroom condo in Burlington, listed for $699,900. It has 1000-1199 sq ft of living space.
1Lakeside living at its finest!
2This beautifully appointed 2-bedroom, 2-bathroom condominium offering over 1,000 square feet of thoughtfully designed living space in an intimate 5-storey building.
3Featuring an open-concept layout with hardwood flooring, a stylish kitchen with granite breakfast bar and upgraded appliances, and spacious living and dining areas ideal for entertaining.
Welcome home. Lakeside living at its finest! This beautifully appointed 2-bedroom, 2-bathroom condominium offering over 1,000 square feet of thoughtfully designed living space in an intimate 5-storey building. Featuring an open-concept layout with hardwood flooring, a stylish kitchen with granite breakfast bar and upgraded appliances, and spacious living and dining areas ideal for entertaining. Enjoy the expansive private balcony with walkouts from both the primary bedroom and main living area, creating seamless indoor-outdoor living. Set within an exclusive, low-rise condominium complex along the shores of Lake Ontario, offering a rare combination of privacy, comfort and exceptional lakeside lifestyle. An outstanding opportunity to enjoy relaxed condominium living in a beautiful waterfront setting!
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $700 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 #409
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 #409 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13878300$699,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5188 Lakeshore Rd #409 Compares to the Burlington Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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
$3,438
/mo
based on the purchase price of $699,900
$139,980 cash
$559,920 financed
$471,600 total interest
Principal54%$559,920
Interest46%$471,600
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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
Own a home on Lakeshore Road? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 5188 Lakeshore Rd #409 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 5188 Lakeshore Rd #409 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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.
Similar homes for sale nearby in Burlington
Other 1–3 bed homes for sale in Burlington around $700K.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings844Homes for sale here right now.
Median vs prior 90 days+3.8%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 1,069 sales from Jul 11 – Oct 9, 2026 (682 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
2 for sale at 5188 Lakeshore Rd — plus its sale and lease history.
5188 Lakeshore Rd #409 is listed at $699,900 (MLS® W13878300). Summitly updates the price as soon as the MLS® record changes.
Is $699,900 a good price for 5188 Lakeshore Rd #409?
Summitly rates it Good Deal: the asking price is 3% to 10% below 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 #409 changed?
No — 5188 Lakeshore Rd #409 is still listed at its original asking price of $699,900.
How many bedrooms and bathrooms does 5188 Lakeshore Rd #409 have?
5188 Lakeshore Rd #409 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 #409 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 #409?
About $3,438 a month — principal and interest on $699,900 with 20% down ($139,980), 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 #409 compare with other homes in Burlington?
Its asking price of $699,900 is about 27% below the median sold price in Burlington over the last 90 days, $960,000, across 1,069 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 #409 been sold before?
Summitly has no earlier MLS® sale or lease of 5188 Lakeshore Rd #409 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5188 Lakeshore Rd #409?
5188 Lakeshore Rd #409 is in Burlington, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5188 Lakeshore Rd #409 been on the market?
1 day — 5188 Lakeshore Rd #409 was listed on October 8, 2026.
What is the price per square foot of 5188 Lakeshore Rd #409?
About $584 to $700 per square foot: the asking price of $699,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 5188 Lakeshore Rd #409 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
