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    505 - 5280 Lakeshore Road

    For SaleRoyal Vista Condos
    $849,900
    2 Beds
    2 Bath
    1 Parking
    1,300 SQFT
    95 Days on Strata
    Est Sell Timeframe
    0 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $654/sqft
    Maintenance Fees:
    $963/mth
    Taxes:
    $3,782 (2023)
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    Flexible/30/60
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    25.26 x 17.88ft
    Dining
    10.76 x 10.07ft
    Kitchen
    11.16 x 9.74ft

    About this Listing

    Highly sought-after Lake facing unit in the immaculately maintained Royal Vista! Nestled in the lush treetops of the manicured property, overlooking Lake Ontario, this spacious two bedroom, 2 bathroom unit features over 1,300 sq.ft. of living space with many recent updates, including freshly painted walls, crown molding & luxury plank vinyl flooring (no carpet in the unit). The solarium has been opened to extend the living / great room with breathtaking water views & is open to the dining room. The kitchen showcases granite counter tops, backsplash & stainless-steel appliances. The primary bedroom features custom built-in wardrobes & work-top / vanity, & 4 pc. ensuite bathroom. Spacious second bedroom and 3 pc. bathroom. Laundry room with ample extra storage. Five-star building amenities include on-site superintendents, heated in-ground pool, hot tub, tennis / pickleball court, lakeside BBQ area, exercise room, party room, bicycle storage & visitor parking. Centrally located.

    ExtrasClose to shopping, amenities, and parks, with easy highway access. No disappointments - don't miss your chance! RSA.

    sutton group - summit realty inc.MLS® #W8054432


    Amenities

    Bike Storage
    Sauna
    Gym Room
    Outdoor Pool
    Indoor Parking
    Tennis Court

    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at Royal Vista Condos spend an average of
    39
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    22.1
    YEARS before being sold again

    Property Value

    9%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 25 condos in the Appleby area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Royal Vista Condos offers the
    ?
    best value out of 25 condos in the Appleby neighbourhood

    Appreciation Rank

    Royal Vista Condos has the
    ?
    highest ROI out of 25 condos in the Appleby neighbourhood

    Rental Yield

    Royal Vista Condos yields the
    ?
    highest rent prices out of 25 condos in the Appleby neighbourhood

    High Demand

    Royal Vista Condos is the
    ?
    most popular building out of 25 condos in the Appleby neighbourhood

    Transaction Insights at 5280 Lakeshore Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$670,000No Data$660,000 - $1,050,000No Data
    Avg. Cost Per Sqft$699No Data$655No Data
    Avg. Wait for Unit Availability289 DaysNo Data78 DaysNo Data
    Ratio of Units in Building21%3%76%2%

    Maintenance Fees

    Royal Vista Condos vs The Appleby Area

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