5250 Lakeshore Road #508, Burlington, ON L7L 5L2
Listed by Rob Golfi • RE/MAX Escarpment Golfi Realty Inc.
5250 Lakeshore Road #508 , Burlington, ON L7L 5L2
$ 789,888
Bed Rooms
2
Bath Rooms
2
SqFt
1,407
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Request Showing
Virtual Tour
49 photos
Highlight
Year Built
1978
Days of On-Site Use
--
Property Type
Condo
Price per Sqft
$561
Car Garage
1.0
Open House
Sat Jul 11, 2:00pm - 4:00pm
Sun Jul 12, 2:00pm - 4:00pm
Property Details
Key Details
Sub Type
Condo/Apt Unit
Listing Status
Active
Purchase Type
For Sale
Square Footage
1,407 sqft
MLS Listing ID
40844903
Bedrooms
2
Full Baths
2
HOA Fees
$1,138/mo
HOA Y/N
Yes
Abv Grd Liv Area
1,407
Annual Tax Amount
$3,357
Property Sub-Type
Condo/Apt Unit
Source
Cornerstone
Location
Province
ON
County
Halton
Area
33 - Burlington
Zoning
RM4.66
Rooms
Main Level Bedrooms
2
Kitchen
1
Interior
Interior Features
Ceiling Fan(s), Separate Heating Controls
Heating
Radiant
Cooling
Wall Unit(s)
Fireplaces Number
1
Fireplaces Type
Electric
Fireplace
Yes
Appliance
Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry
Common Area, In Building, In Hall, Inside, Main Level
Exterior
Parking Features
Exclusive
Garage Description
P2
Pool
Community, Outdoor Pool
Waterfront Description
Lake,Direct Waterfront,Other,Lake/Pond
View Y/N
true
View
Lake
Roof Type
Other
Porch
Open
Garage
Yes
Building
Lot Description
Urban, Ample Parking, Beach, Highway Access, Hospital, Major Highway, Park, Public Transit, Schools, Shopping Nearby
Sewer
Sewer (Municipal)
Water
Municipal
Level or Stories
1
Structure Type
Brick
New Construction
No
Others
HOA Fee Include
Insurance,Building Maintenance,Common Elements,Heat,Hydro,Parking,Water
Senior Community
No
Tax ID
079760042
Ownership
Condominium
Virtual Tour
https://youtube.com/shorts/JYkMEIT64kk?feature=share
Copyright 2026 Information Technology Systems Ontario, Inc.
Residential financing tool — Navjot Singh

Residential mortgage & income qualification calculator

Ontario rules: minimum down payment tiers, CMHC/Sagen/Canada Guaranty insurance premiums, the federal stress test, GDS/TDS limits, and Ontario/Toronto land transfer tax. Enter the deal, see what income is required to qualify.

Purchase & mortgage inputs

Minimum required for this price: 5% on the first $500,000, 10% on the remainder.
Only 50% of condo fees count toward GDS/TDS.
Car loans, credit cards, student loans, other credit obligations.
Enter this to check pass/fail against required income. Leave at 0 to just see what's required.
Legal fees, title insurance, home inspection, adjustments.

Qualification & closing costs

Conventional (uninsured)
Loan amount
$0
Total mortgage (incl. premium)
$0
Monthly payment (contract rate)
$0
Monthly qualifying payment
$0
Stress-test qualifying rate (MQR)0.00%
GDS ratio (at qualifying rate)0.0%
TDS ratio (at qualifying rate)0.0%
Insurance premium rate—
Insurance premium$0
Ontario PST on premium (8%, cash)$0
Ontario land transfer tax$0
Ontario first-time buyer rebate$0
Toronto municipal land transfer tax$0
Toronto first-time buyer rebate$0
Total cash needed to close$0
For information purposes only. This calculator reflects publicly available federal and Ontario mortgage rules as of mid-2026 and does not constitute financial, legal, tax or mortgage advice. Confirm current rules and your actual qualification with a licensed mortgage professional or lender before making a decision.
  • Minimum down payment: 5% on the first $500,000, 10% on the portion from $500,000 to $1.5 million. Properties at or above $1.5 million require at least 20% down and cannot be insured.
  • Maximum insured amortization is 25 years, or 30 years if you are a first-time buyer or purchasing a new build. Insured mortgages also require a minimum credit score of 600 and a traditional (non-borrowed) down payment source.
  • The stress test qualifying rate is the greater of your contract rate + 2%, or the 5.25% regulatory floor.
  • GDS (39%) and TDS (44%) are standard insurer guidelines; individual lenders may apply different limits, especially for conventional (uninsured) mortgages.
  • Land transfer tax figures use current Ontario and Toronto marginal rate schedules and standard first-time buyer rebates. Other municipalities in Ontario do not currently levy a municipal land transfer tax.
Prepared by Navjot Singh.

Nearby Locations

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5250 Lakeshore Road #508

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Navjot Singh

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