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    404 - 2042-2060 Lakeshore Road

    For SaleBridgewater Residences On The Lake
    $1,299,990
    2 Beds
    2 Bath
    2 Parking
    907 SQFT
    25 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,433/sqft
    Maintenance Fees:
    $1,092/mth
    Taxes:
    $5,444 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    9.68 x 15.09ft
    Living
    9.84 x 19.33ft
    Prim Bdrm
    12.5 x 10.24ft

    About this Listing

    Luxury Waterfront Living At Burlington's Prestigious Bridgewater Residences. Resort-Style Amenities that Include 24 Hour Concierge, Fitness Facility, 8th-Floor Rooftop Patio, Entertainment Lounge, Indoor Pool, Spa And 5 Star Restaurant At The Adjacent Boutique Pearl Hotel. Enjoy the Sunrise Every Morning in a Stunning 2-Bedroom Corner Suite with Picturesque South/East Views Of Lake Ontario. The Finest Finishes and Features Throughout Include Crown Mouldings, Designer Lighting, Custom Window Treatments, A Statement Fireplace, Built-In Wardrobes By Closet Envy And A Primary With Stunning Oversized Shower And Vanity. No Expense Was Spared Customizing the Unit With Crystal Chandeliers, Crystal Door Knobs , Custom Built-In Desk, and Built-In Shelving in All bedrooms. Prime Location in the Heart of Downtown Burlington, Walking Distance To Spencer Smith Park, Trendy Restaurants, Coffee Shops, And Retail.

    Extras2 Underground Parking Spaces P4 #30 & 31 Located Directly Off The Elevator. 1 Locker. Built-In Microwave, Dishwasher, Washer & Dryer, Gas Stove, Refrigerator, Window Coverings, And Light Fixtures. Pets Allowed. BBQs Allowed

    sutton group - summit realty inc.MLS® #W8213694


    Amenities

    Indoor Parking

    Nearby Amenities

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    Unknown
    Transit
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,615
    Average Individual Income
    $84,648
    Average Household Size
    3 persons
    Average Age
    39
    Average Household Income
    $142,041
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    18%
    High Rise Apartment
    9%
    Duplex
    3%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    92%
    Other
    6%
    Spanish
    1%
    Punjabi
    1%
    Education
    University and Above
    30%
    High School
    28%
    College
    22%
    None
    12%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    21%
    Architecture & Engineering
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Math & Computer Sciences
    6%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    2%

    Days on Strata

    Units at Bridgewater Residences On The Lake spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 47 condos in the Downtown Burlington area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value Rank

    Bridgewater Residences On The Lake offers the
    ?
    best value out of 47 condos in the Downtown Burlington neighbourhood

    Appreciation Rank

    Bridgewater Residences On The Lake has the
    ?
    highest ROI out of 47 condos in the Downtown Burlington neighbourhood

    Rental Yield

    Bridgewater Residences On The Lake yields the
    ?
    highest rent prices out of 47 condos in the Downtown Burlington neighbourhood

    High Demand

    Bridgewater Residences On The Lake is the
    ?
    most popular building out of 47 condos in the Downtown Burlington neighbourhood

    Transaction Insights at 2042-2060 Lakeshore Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$725,000 - $1,100,000$905,000$1,110,000 - $2,270,000$1,460,000 - $3,175,000$3,070,000
    Avg. Cost Per Sqft$1,148$1,316$1,308$1,307$1,391
    Avg. Wait for Unit Availability79 Days242 Days84 Days195 Days119 Days
    Ratio of Units in Building32%6%40%18%7%

    Maintenance Fees

    Bridgewater Residences On The Lake vs The Downtown Burlington Area

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