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    Bridgewater Residences On The Lake

    2042-2060 Lakeshore Road & 1 Elizabeth Street

    6for Sale
    2for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    22
    Number of Units:
    150
    Condo Completion:
    2020
    Condo Demand:
    Medium
    Unit Size Range:
    549 - 3,145 SQFT
    Unit Availability:
    Medium
    Property Management:
    No Data

    Listing History for Bridgewater Residences On The Lake

    Amenities

    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2042-2060 Lakeshore RoadBridgewater Residences On The Lake

    Bridgewater Residences On The Lake is a Halton Region condo located at 1 Elizabeth Street in the Downtown Burlington neighbourhood. The condo was completed in 2020 and features 150 units over 22 storeys. Halton Region condo for sale here range from 549 square feet, up to 3145 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 70. Maintenance fees at 1 Elizabeth Street are $0.94 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    The average cost per-square-foot for a unit at 1 Elizabeth Street is $1,249 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a low probability of receiving multiple offers.

    Units at Bridgewater Residences On The Lake spend 25 days on the market on average and usually sell for -2.88% below the listing price. In the last 12 months, 11 units have rented, and 16 have sold.

    The Neighbourhood

    Living here means you’re just a 3-minute walk from Pintoh Cuisine, Boon Burger Cafe and The Port House Social Bar and Kitchen Burlington, making it easy to dazzle your taste buds without much effort. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 4 minutes to get to Tamp Coffee Co., Lakeshore Coffee House and Lola Choco Bar And Sweet House.

    Residents here can stop by RBC Royal Bank and BMO Bank of Montreal on their way home from work, so they can take care of their financial needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that The Naval Ships' Memorial Monument, and Lions Park are less than 10 minutes walking distance from 1 Elizabeth Street.

    Those who love to shop will appreciate all the options nearby with Village Square and Banana Joe's Tanning Company just 4 minutes from here.

    There are also several unique attractions nearby to keep yourself entertained, such as PK1 Studio & Gallery, Frederick Fine Art and Art Gallery of Burlington — all just a quick 16-minute walk away. If you’re craving the latest superhero punch fest or an emotional rom-com, you’ll find both at Cine Starz Burlington — just 13 minutes away on foot.

    There are plenty of nearby school choices — Blyth Academy Burlington, St. John (Burlington) Catholic Elementary School and École élémentaire Renaissance — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Burlington Central High School can be reached by car in under 3 minutes.

    Transportation

    Taking public transit? The nearest light transit stop is John Street Terminal.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 360 Pearl Street, 399 Elizabeth Street and 430 Pearl Street.

    6

    Listings For Sale

    Interested in receiving new listings for sale?

    2

    Listings For Rent

    Interested in receiving new listings for rent?

    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%

    Price Trends

    Days on Strata

    Units at Bridgewater Residences On The Lake spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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

    16
    Units were Sold over the past twelve months

    Rented Units

    11
    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$749,999 - $1,100,000$905,000$1,110,000 - $2,270,000$1,460,000 - $3,175,000$3,070,000
    Avg. Cost Per Sqft$1,140$1,316$1,298$1,307$1,391
    Avg. Wait for Unit Availability85 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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