501-2121 Lakeshore Road, Burlington, ON
Brant, Burlington · MLS® W13576598
About this home
Village Gate condominiums offer a location walking distance to downtown shops, restaurants, Spencer Smith, the waterfront trail and major highways and offers a low maintenance lifestyle with every convenience at your fingertips in one of Burlington's most sought-after Lakeshore areas. Your guests will be welcomed by an updated lobby, well maintained grounds and a quiet atmosphere, indicating that this professionally managed community is a pleasure to live in. This 2 bedroom, 2 bath corner suite offers spacious and thoughtfully planned living space with a quiet treed setting and peaceful views of the manicured grounds, Rambo Creek and Lake Ontario. Designed for style and functionality, the updated kitchen features quartz counters, stainless-steel appliances, a stylish backsplash and a breakfast bar. The open concept living and dining areas enjoy eastern exposure, filling the space with natural light through the tree-lined windows and the generous layout grants enough room for multiple seating areas to entertain comfortably. An adjacent sunroom with French doors, and glimpses of the lake provides an ideal space for a home office, reading room or dinette. The primary suite is equipped with a large walk-in closet and an ensuite, his and her sinks, standalone shower. Additional highlights include a spacious second bedroom, a 4-piece bath, side by side in-suite laundry, a front coat closet, custom walk-in pantry, and a separate storage locker. Enjoy the benefits of TWO UNDERGROUND PARKING SPOTS, ample visitor parking, and condo fees inclusive of all utilities, cable, and internet.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- W13576598
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Martha and Lakeshore
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Other
- Roof
- Flat
- Maintenance
- $1,440/mo
- Exposure
- South East
- Property tax
- $6,132 / 2026
- Listing brokerage
- REALTY WORLD LEGACY
Rooms
4 Pc Ensuite
4 pc ensuite · walk-in closet(s)
4 Pc Bath
Listed at $830,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.13M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.25M
- Adjusts to $1.25M
That comparable adjusts to $1.25M; the $912K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, this is a very walkable address with everyday errands close by. Lakeshore at Martha is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $912K, median of 8 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 28% below the area average of $771/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Brant, Burlington, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Lakeshore at Martha, about 77 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Burlington.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $664,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,543
- Property tax
- $511
- Condo / maintenance fees
- $1,440
- Heating
- $0
- Estimated monthly cost
- $5,494
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,075
- Estimated closing costs
- $13,075
Plus your down payment of $166,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $212,601
- Principal paid down
- $84,561
- Interest paid
- $128,040
- Balance remaining
- $579,439
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REALTY WORLD LEGACY. MLS®/PropTx.