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62 Lakeview Terrace, #B, Burlington, VT, 05401 | $315,000
Burlington’s Most Desirable Street Meets Modern Urban Living!!! Step into a home that captures the true spirit of the Queen City. This charming 1-bedroom/studio loft-style condominium offers an unbeatable location in the historic and sought-after Lakeview Terrace neighborhood. Whether you’re looking for a primary residence or a pied-à-terre near the lake, this property delivers incredible character, natural light, and modern convenience. Space That Inspires The Main Level: An open-concept living and dining area welcomes you with warmth and sunlight. The layout flows effortlessly into a cozy, functional kitchen—perfect for morning coffee or hosting friends. The Loft Bedroom: A unique architectural feature, the airy loft overlooks the living space, creating a sense of volume and separation rarely found in urban condos. The Lower Level: Retreat to a stylishly appointed full bath featuring timeless subway tile. For ultimate convenience, this unit includes private, in-unit washer. Storage & Conveniences Smart Entry: The back entryway provides a practical mudroom/storage area. Building Extras: Access a shared basement for larger gear (think bikes and outdoor gear) along with additional laundry facilities. Stress-Free Parking: Includes one dedicated off-street parking—a premium asset in downtown Burlington. Your Backyard: Lake Champlain & Beyond Embrace a lifestyle where your favorite destinations are just outside your door. Steps Away: The world-famous Burlington Bike Path and the scenic beaches of Lake Champlain. Local Culture: A short stroll to Scout Coffee, local shopping, and the vibrant Church Street Marketplace. Institutions: Minutes from UVM, the UVM Medical Center, and Champlain College. Properties in this iconic neighborhood move quickly. Don’t miss your chance to be part of the Lakeview Terrace community. Take a look today!
Features
- Parking: Off Street,On Street,Other,Parking Spaces 1
- Heating: Natural Gas,Baseboard,Hot Water
- Cooling: None
- Amenities: Trash Removal,Coin Laundry
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Complex: Lakeview TerraceLakeview Terrace Gardens
- Year Built: 1899
- Approx Sq. Feet: 553
- Est. Taxes: $4,705
- Lot Desc: Condo Development,Level,Sidewalks,Near Paths,Neighborhood,Near Public Transportatn,Near Hospital,Near School(s)
- School District: Burlington School District
- MLS#: 5081480
- Website: https://www.raveis.com
/prop/5081480/62lakeviewterrace_burlington_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/10/2026Listing courtesy of RE/MAX North Professionals - Burlington Phone: 802-655-3333
Listing Agent: David Parsons
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
62 Lakeview Terrace, #B, Burlington, VT, 05401
$315,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $252,000 | $252,000 | $252,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $392 | $392 | $392 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,491 | $1,552 | $2,042 |
| Total Monthly Payment | $1,958 | $2,019 | $2,509 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484