Waterford Place

1 - About Waterford Place

• Address: 5188 Lakeshore Rd & 5194 Lakeshore Rd, Burlington
• Neighbourhood: Appleby / Elizabeth Gardens
• Storeys: 5
• # of Units: 90
• Built: 2000
• Builder: Stratum Group
• Building Type: Mid-Rise condo
• Size Range: 980 sq. ft - 1,459 sq. ft
• Average Price: $529 / sq. ft.

2 - Overview of Waterford Place

Waterford Place is a mid-rise condominium development completed in 2000, consisting of two five-storey buildings positioned on Burlington's coveted waterfront. The architectural design incorporates brick and stucco finishes that harmonize with the lakeside setting.

This purpose-built condominium development stands apart from many older area properties that underwent conversion. The project adheres to a five-storey height restriction, maintaining consistency with the low-rise residential character that defines the Elizabeth Gardens neighbourhood.

3 - Suite Sizes & Value

Waterford Place offers generously sized suites ranging from 980 to 1,459 square feet, providing more living space than typically found in contemporary high-rise developments. Each unit features nine-foot ceilings paired with expansive windows that maximize natural light and views.

All suites include private balconies, extending the living space outdoors. At $529 / sq. ft., the building presents attractive value compared to newer waterfront construction in Burlington's competitive market.

4 - Building Amenities & Features

• Lakeside patio and gazebo equipped with gas BBQs
• Direct access to lakeside walking paths
• On-site fitness and gym facilities
• Party and meeting room for residents
• Workshop and hobby space
• Secured underground parking

5 - Location Highlights

• Parks & Green Spaces: Direct connection to the Lake Ontario waterfront trail system with access to private lakeside pathways
• Transit: Convenient access to Appleby GO Station, plus major highways including QEW, Highway 403, and Highway 407
• Shopping: Four-minute walk to Appleby South, Appleby Village, and Appleby Square shopping areas
• Dining & Cafes: Local dining options include Napoli Pizza, Tim Hortons, Tha Spice is Right, and Starbucks
• Schools & Culture: Served by St. Patrick Catholic Elementary, Mohawk Gardens Public School, and Ascension Catholic Elementary; NESAART Gallery located 11 minutes away

6 - Lifestyle Near Waterford Place

The Elizabeth Gardens neighbourhood offers a balanced lifestyle combining waterfront tranquility with urban convenience. This established residential community attracts both retirees and families who appreciate the proximity to lakeside recreation and essential services.

Residents enjoy easy access to green spaces and the extensive waterfront trail system. The nearby Royal Botanical Gardens and local shopping plazas create opportunities for both outdoor activities and daily errands within walking or cycling distance.

7 - About the Developer

Waterford Place was developed by Stratum Group and completed in 2000. The developer emphasized a mid-rise approach that respects the neighbourhood's residential scale while maximizing waterfront access.

Maintenance fees align with neighbourhood standards, reflecting the building's mature status and established management practices. Stratum Group's design philosophy prioritized creating private residential spaces while preserving the natural beauty of Burlington's lakefront setting.