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    Burlington / Corporate Drive

    420 - 5020 corporate Dr

    For SaleVibe Condos
    $489,999
    Price Cut: $510,000
    1 Bed
    1 Bath
    1 Parking
    668 SQFT
    42 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $445/mth
    Taxes:
    $2,433 (2024)
    Cost Per Sqft:
    $734/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    November 30, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Ground Source
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    11.94 x 8.66ft
    Foyer
    9.71 x 5.84ft
    Bathroom
    4 Piece Bath
    9.68 x 5.51ft

    About this Listing

    Rare offering of a Top Floor Penthouse unit at the Vibe Condos. This beautifully setup unit is tastefully updated and faces away from the road. 9 foot ceilings make the space feel spacious and large windows allow natural light to spill in. Located on Appleby line the location is perfect for commuters with access to the Go Station and major highways. Shopping and restaurants also are very walkable. The building has a gym, BBQ area and rooftop patio. With one underground parking and a locker this is the perfect starter condo!

    sutton group quantum realty inc.MLS® #W9355751

    Amenities

    Media Room
    Indoor Parking
    Bike Storage
    Games Room
    Gym Room
    BBQs Allowed

    Explore Neighbourhood

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    Unknown
    Transit
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,378
    Average Individual Income
    $89,171
    Average Household Size
    0 persons
    Average Age
    40
    Average Household Income
    $130,655
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    17%
    35 - 49
    18%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    21%
    $60,000+
    16%
    $90,000+
    12%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    56%
    Semi Detached
    20%
    High Rise Apartment
    10%
    Low Rise Apartment
    8%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    94%
    Other
    5%
    Punjabi
    1%
    Education
    University and Above
    32%
    High School
    26%
    College
    21%
    None
    12%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    20%
    Business Management
    19%
    Health & Related Fields
    14%
    Social Sciences
    13%
    Humanities
    7%
    Education
    7%
    Math & Computer Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Physical Sciences
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    Vibe Condos vs The Corporate Drive Area

    Building Trends At Vibe Condos

    Days on Strata

    Units at Vibe Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Corporate Drive

    Turnover of Units

    On average, each unit is owned for
    5.2
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 9 condos in the Corporate Drive area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

    Vibe Condos offers the
    ?
    best value out of 9 condos in the Corporate Drive neighbourhood

    Appreciation Rank

    Vibe Condos has the
    ?
    highest ROI out of 9 condos in the Corporate Drive neighbourhood

    Rental Yield

    Vibe Condos yields the
    ?
    highest rent prices out of 9 condos in the Corporate Drive neighbourhood

    High Demand

    Vibe Condos is the
    ?
    most popular building out of 9 condos in the Corporate Drive neighbourhood

    Transaction Insights at 5030 Corporate Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$492,500 - $545,000$507,000 - $552,000$625,000 - $695,000No Data
    Avg. Cost Per Sqft$883$743$643No Data
    Avg. Wait for Unit Availability56 Days41 Days92 Days1822 Days
    Ratio of Units in Building38%42%21%2%

    Transactions vs Inventory

    Total number of units listed and sold in Corporate Drive