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    5280 Lakeshore Road

    Royal Vista Condos
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    3for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    140
    Condo Completion:
    1983
    Condo Demand:
    Medium
    Unit Size Range:
    958 - 1,499 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Royal Vista Condos

    Receive listing updates for Elizabeth Gardens

    Amenities

    Visitor Parking
    Gym Room
    Indoor Parking
    Sauna
    Party Room
    Outdoor Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5280 Lakeshore RoadRoyal Vista Condos

    Royal Vista Condos was completed in 1983 by a developer. While some buyers associate high maintenance fees with older buildings, maintenance fees at 5280 Lakeshore Road are only $0.71 per-square-foot. These Elizabeth Gardens condos for sale offer floor plans that are more spacious than most modern condos; there are 140 suites in this 11-storey residence, and units range from 958 square feet to 1499 square feet.

    Maintenance fees are $0.71 per-square-foot, which is higher than the neighbourhood average of $0.59 per-square-foot.

    The Suites

    On average, units at 5280 Lakeshore Road sell -2.97% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $618 and units sell with 47 days on market on average. Over the past 12 months, 9 have sold and 5 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Napoli Pizza, Tim Hortons and Tha Spice is Right are all within 4 minutes walking distance from 5280 Lakeshore Road. Get to know Elizabeth Gardens by exploring local cafes like Starbucks.

    Grocery shopping is never a chore with stores such as Food Basics and M&M Food Market in the area.

    There are a number of banks within a short drive, including Scotiabank and BMO Bank of Montreal for all your investment needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Skyway Park, Burloak Waterfront Park and Burloak Island are the perfect spot for all kinds of activities.

    Those who love to shop will appreciate all the options nearby with Appleby South, Appleby Village and Appleby Square just 4 minutes from here.

    There are also several unique attractions nearby to keep yourself entertained, such as Art Studio & Gallery - NESAART — all just a quick 15-minute walk away.

    There are plenty of nearby school choices — St. Patrick Catholic Elementary School, Mohawk Gardens Public School and Ascension Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs.

    Transportation

    Taking public transit? The nearest light transit stop is New at Walkers.

    If you’re interested in checking out other similar condos within walking distance, you might like 5250 Lakeshore Road, 5340 Lakeshore Road and 5280-5306 Bromley Road.

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    2

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    Explore Elizabeth Gardens

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

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

    Population
    5,895
    Average Individual Income
    $70,213
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $121,842
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    21%
    50 - 64
    20%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    26%
    Low Rise Apartment
    12%
    Duplex
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    7%
    Punjabi
    3%
    Spanish
    1%
    Education
    High School
    29%
    University and Above
    26%
    College
    21%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Royal Vista Condos vs The Elizabeth Gardens Area

    Days on Strata

    Units at Royal Vista Condos spend an average of
    47
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Elizabeth Gardens

    Turnover of Units

    On average, each unit is owned for
    21.4
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 14 condos in the Elizabeth Gardens area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Royal Vista Condos offers the
    ?
    best value out of 14 condos in the Elizabeth Gardens neighbourhood

    Appreciation Rank

    Royal Vista Condos has the
    ?
    highest ROI out of 14 condos in the Elizabeth Gardens neighbourhood

    Rental Yield

    Royal Vista Condos yields the
    ?
    highest rent prices out of 14 condos in the Elizabeth Gardens neighbourhood

    High Demand

    Royal Vista Condos is the
    ?
    most popular building out of 14 condos in the Elizabeth Gardens neighbourhood

    Transaction Insights at 5280 Lakeshore Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$670,000$610,000 - $950,000No Data
    Avg. Cost Per SqftNo Data$695$633No Data
    Avg. Wait for Unit Availability289 Days887 Days74 DaysNo Data
    Ratio of Units in Building21%3%76%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Elizabeth Gardens