2042-2060 Lakeshore Road & 1 Elizabeth Street
Building Details
Listing History for Bridgewater Residences On The Lake
Amenities
Maintenance Fees
About 2042-2060 Lakeshore Road — Bridgewater Residences On The Lake
Bridgewater Residences On The Lake is a Burlington condo located at 1 Elizabeth Street in the Brant - Burlington neighbourhood. The condo was completed in 2020 and features 150 units over 22 storeys. Burlington 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 $1.06 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).
The Suites
The average cost per-square-foot for a unit at 1 Elizabeth Street is $1,092 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 40 days on the market on average and usually sell for -2.24% below the listing price. In the last 12 months, 15 units have rented, and 10 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.
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Listings For Sale
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Price Increase: $150,000 (Oct 9)
Price Cut: $100,000 (Oct 10)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Bridgewater Residences On The Lake
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 2042-2060 Lakeshore Road
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $705,000 - $1,110,000 | No Data | $2,175,000 - $2,270,000 | $3,175,000 | No Data |
Avg. Cost Per Sqft | $1,137 | No Data | $1,409 | $1,625 | No Data |
Price Range | $2,675 - $3,500 | $3,500 | $3,850 - $7,500 | $7,000 - $7,500 | No Data |
Avg. Wait for Unit Availability | 62 Days | 162 Days | 78 Days | 88 Days | 119 Days |
Avg. Wait for Unit Availability | 114 Days | No Data | 36 Days | 89 Days | No Data |
Ratio of Units in Building | 32% | 6% | 42% | 16% | 6% |
Unit Sales vs Inventory
Total number of units listed and sold in Brant - Burlington