Nautique Lakefront Residences Buyer And Investor Guide

Thinking about a lakefront condo in downtown Burlington but not sure how Nautique stacks up for lifestyle or returns? You are not alone. Between amenity-rich living, evolving condo fees, and rental rules, it can be hard to separate marketing from what really matters. This guide gives you the facts that affect your budget, daily life, and long-term value so you can buy or invest with confidence. Let’s dive in.

Nautique at a glance

Nautique Lakefront Residences sits at 374 Martha Street in downtown Burlington, close to the waterfront and city amenities. The developer lists the project as completed and move-in ready, with active resale opportunities. Public sources report between about 240 and 254 total units and roughly 25 to 26 storeys. Because there is a discrepancy across marketing pages, confirm the exact legal unit count in the Status Certificate.

Suite mix focuses on efficient 1 bedroom, 1 plus den, 2 bedroom, and 2 plus den plans. According to the developer’s floor plans, interior sizes run from about 424 square feet to about 1,316 square feet, with many balconies or terraces on higher floors. Finishes are contemporary, with Corian counters and backsplashes, panelized appliances, plank laminate flooring, in-suite laundry, and ceiling heights up to about 11 feet 6 inches in select suites. You can review the project, floor plans, features, and amenities directly on the developer’s pages for Nautique, floor plans, features, and amenities.

Amenity highlights

Nautique offers a mid to high amenity package for downtown Burlington. Key features include a sixth-floor pool and whirlpool, outdoor dining areas and fire pits, a fitness centre plus indoor and outdoor yoga spaces, and sky lounges on upper floors with dining, a show kitchen, library, and fireplace lounge. Upper lounges include indoor and outdoor bar areas with openable glass panels, and the building provides a 24-hour concierge and lobby lounge. This level of programming tends to boost end-user appeal and rental demand, especially for lakeview suites.

Who Nautique suits best

• End users who value a modern finish package, strong amenities, and proximity to the waterfront and downtown services.
• Downsizers who want turnkey living, efficient layouts, and concierge access without a luxury hotel price point.
• Investors seeking newer-product rents and appeal in a building that typically trades at a premium to older stock but below Burlington’s ultra-luxury buildings.

Prices, fees, and what to budget

Recent examples suggest asking prices at Nautique often translate to roughly 950 to 1,150 dollars per square foot, depending on plan, floor, and lake exposure. One illustrative listing for a 677 square foot two-bedroom at about 750,000 dollars yields about 1,100 dollars per square foot. Always confirm the exact interior square footage on the MLS and cross-check against measured condo figures before calculating.

Marketing pages have estimated maintenance fees in the range of about 0.68 to 0.83 dollars per square foot per month. Treat these as planning figures only and verify your unit’s actual fee in the condo corporation’s approved budget and the Status Certificate. You can use a simple formula to sketch a monthly estimate: fee estimate times interior square feet. Example: 700 square feet times 0.68 dollars equals about 476 dollars per month. Final fees for your suite may differ.

Parking is typically an additional cost and marketing pages have shown owned underground parking in the range of about 65,000 to 85,000 dollars, with lockers priced separately. Confirm availability, ownership type, and any monthly maintenance charges for parking and lockers in the Status Certificate.

Amenities vs operating costs

An amenity-forward building can support stronger resale values for premium exposures and can attract higher rents relative to older buildings with limited services. That said, robust amenity programs also add staffing and operating requirements. When you evaluate a specific unit, build a complete monthly picture: mortgage, property tax, condo fee, utilities, and any parking or locker maintenance. For investors, compare your carrying cost to realistic rent comps in the same building or immediate area.

Rental potential and rules you must know

Nautique has seen leases for 1 and 2 bedroom suites, with example rents ranging roughly from about 2,200 to 4,500 dollars per month depending on size, floor, and view. In the Brant area of downtown Burlington, typical 1 and 2 bedroom condos often cluster around the low to mid 2,000s per month. Given Nautique’s new construction and lake proximity, units often achieve at or above local medians for comparable layouts and exposures. Always test your rent assumption against live listings or recent leases in the same building.

Short-term rentals face a clear regulatory limit in Burlington. A city by-law effective May 1, 2025 requires licensing and restricts short stays to the operator’s primary residence, with caps such as a maximum of 28 consecutive days and up to 183 total days per year. Review the city’s short-term accommodation by-law details before you plan any short-term strategy and confirm the condo corporation’s own rules.

For annual rentals, Ontario’s rent control rules exempt units first occupied after November 15, 2018 from the provincial rent increase guideline. This allows market resets between tenancies in newer buildings, subject to Residential Tenancies Act rules. You can read more in the provincial tribunal’s rent control update.

Nautique vs Bridgewater vs Harbourview

Here is the high-level positioning to help you align product with priorities:

• Bridgewater Residences. A luxury waterfront option with large suites, high-end finishes by Brian Gluckstein, and access to hotel services via the Pearle Hotel and Spa. Market pricing per square foot typically ranks at the top in Burlington. For context on the product, see the Bridgewater Residences overview.
• Nautique Lakefront Residences. Newer occupancy, modern European-inspired finishes, efficient 1 to 2 bedroom floor plans and some larger lakefront options, plus a strong amenity stack. Pricing tends to sit below Bridgewater for comparable lake exposure yet above many older mid-rises.
• Harbourview Residences. An older mid-rise with larger, more traditional floor plates and roof deck, party room, and gym. Average pricing per square foot is often in the low 800s, which can deliver more interior space for the dollar. Expect older mechanicals and finishes and plan to review reserve fund health closely.

Practical takeaway: if you value full-service luxury and large suites, Bridgewater often fits best. If you want a modern, amenity-forward tower at a lower headline price than top-tier luxury, Nautique is compelling. If you want maximum interior square footage for the budget and are comfortable updating finishes over time, older towers like Harbourview can work well with careful due diligence.

Due diligence checklist

Use this as a starting framework and tailor to your unit of interest.

Universal items for all buyers

• Order the Form 1 and full Status Certificate. Review the current budget, reserve fund balance, any recent or pending special assessments, legal proceedings, insurance coverage, and management contract.
• Request the latest audited financial statements, most recent reserve fund study, and minutes for recent Board and AGM meetings. Look for planned projects or repairs.
• Confirm Tarion enrolment and any outstanding items under the builder’s warranty if within the warranty period. Review the province’s guidance on what to know before buying a home on Ontario’s consumer page.
• Verify unit boundaries, exact interior square footage, and that MLS measurements match condominium documents.
• Confirm ownership and location of parking and locker, associated maintenance charges, and any transfer restrictions.
• Review pet and rental rules in the Declaration and by-laws, and align them with Burlington’s short-term accommodation by-law if relevant.

End users and primary residence buyers

• Prioritize exposure and floor for lake views, and assess potential noise from streets, elevators, or amenity levels.
• If recently occupied, check Tarion deficiency timelines and confirm the builder’s completion list for your suite and common elements.
• Review amenity access rules and what is included in the maintenance fee.

Downsizers

• Focus on layout efficiency, storage, guest accommodation, and balcony or terrace usability.
• Confirm elevator proximity, parking stall location, and concierge services that matter to daily convenience.
• Compare Nautique’s finishes and services to Bridgewater if you are weighing hotel-style adjacency versus a lower monthly cost profile.

Investors

• Confirm leasing provisions in the condo by-laws and any rental caps or waiting periods. Ask the property manager about the building’s rental ratio if available.
• Model returns using conservative rent assumptions for the same plan and exposure. Stress-test for vacancy, potential fee increases, property taxes, and interest rate changes.
• Check whether the unit qualifies for the post-2018 rent control exemption and align your strategy with the tribunal’s rent control guidance. If you considered short-term stays, align your plan with Burlington’s licensing and primary residence limits.

Step-by-step path for serious buyers

1. Order the Status Certificate and have a condo lawyer review it for reserve fund adequacy, special levies, pending litigation, management agreement, rental rules, and recent Board minutes. This is your authoritative source.

2. If within the new-home warranty period, confirm Tarion enrolment and read the Homeowner Information Package for timelines and claim steps on Ontario’s consumer page.

3. Gather recent Nautique comparables by matching plan type and exposure. Focus on sold data where available and cross-check asking price per square foot against interior size and lake views.

4. Request the latest reserve fund study and current budget from the property manager. Evaluate whether monthly fees appear sufficient for the amenity scope and long-term capital plan.

5. For rental strategies, confirm municipal and condo rules for short-term and long-term leasing, obtain recent rent roll data if available, and run a conservative pro forma for net yield and cap rate under multiple scenarios.

Items to confirm directly

• Exact legal unit count and registered condo corporation number. Public marketing pages vary between about 240 and 254 units.
• Your suite’s actual monthly condo fee and what services are included. Estimates on marketing pages may differ from the approved budget.
• Any leasing-related rules adopted after registration. These will appear in the Declaration, rules, or minutes.

Final thoughts

Nautique brings new-build convenience, modern finishes, and a strong amenity mix to a prime Burlington waterfront location. That combination supports both end-user enjoyment and investor demand, especially on higher floors with lake views. To buy or invest wisely, anchor your decision in the Status Certificate, real comps, and a full understanding of the city’s rental rules.

If you want local, data-backed guidance on specific Nautique suites or comparable options nearby, reach out to the Martin Group. We will help you simplify the details, compare real numbers, and move forward with confidence.

FAQs

What are the key amenities at Nautique?

• Nautique features a sixth-floor pool and whirlpool, outdoor dining and fire pit terraces, a fitness centre with indoor and outdoor yoga spaces, sky lounges with a show kitchen and library, indoor and outdoor bar areas with openable glass panels, and a 24-hour concierge.

How do condo fees at Nautique work and what is typical?

• Public estimates range from about 0.68 to 0.83 dollars per square foot per month, but you should verify your exact fee and inclusions in the condo corporation’s approved budget and the Status Certificate for your unit.

Can I operate an Airbnb-style short-term rental at Nautique in Burlington?

• Burlington’s by-law effective May 1, 2025 requires licensing, limits short stays to your primary residence, and sets caps like a 28-day maximum per stay and 183 total days per year. Always confirm both city rules and condo by-laws.

Are Nautique units exempt from Ontario’s rent control guideline?

• Units first occupied after November 15, 2018 are generally exempt from the provincial rent increase guideline, allowing market resets between tenancies. Review the tribunal’s published rent control update.

How does Nautique compare to Bridgewater and Harbourview for value?

• Bridgewater typically leads on luxury finishes, suite size, and hotel-style services, with top-tier pricing per square foot. Nautique offers modern finishes and robust amenities at a lower headline price. Older buildings like Harbourview often deliver more interior space per dollar but may require closer review of reserve funds and future capital needs.

What sizes and layouts can I find at Nautique?

• Developer plans show primarily 1 bedroom, 1 plus den, 2 bedroom, and 2 plus den options from about 424 to about 1,316 interior square feet, many with balconies or terraces. Always confirm exact measurements for the suite you are considering.