5020 Corporate Dr 408
Uptown, Burlington, L7L 0H7
FOR SALE
$499,900

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Property Description
Stunning 1-Bedroom Penthouse in Prime Burlington Location! Welcome to this luxurious penthouse in the heart of Burlington, located at Appleby Dr & Corporate Dr. This bright and spacious 1-bedroom, 1-bathroom unit features soaring 10-foot ceilings, creating an open and airy ambiance. The modern kitchen is equipped with granite countertops and stainless steel appliances, perfect for cooking and entertaining. Enjoy the convenience of 1 owned parking space and a private locker for extra storage. Situated in a vibrant neighbourhood, this condo is just steps from top restaurants, shops, and transit, making it an ideal place to call home.Don't miss this rare penthouse opportunity book your showing today!
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Nearby Intersections
Appleby & Corporate (18)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,194 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 10.99' x 14.01' | |
Kitchen | Main | 6.00' x 12.66' | |
Living | Main | 36.09' x 45.93' |
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Burlington Market Statistics
Burlington Price Trend
5020 Corporate Dr 408 is a 1-bedroom 1-bathroom condo listed for sale at $499,900, which is $30,700 (6.5%) higher than the average sold price of $469,200 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $65,643 (12.3%) compared to the previous 30 day period (December 22 - January 20) and down $49,808 (9.6%) from the same time one year ago.Inventory Change
There were 46 1-bedroom condos listed in Burlington over the last 30 days (January 21 - February 19), which is up 76.9% compared with the previous 30 day period (December 22 - January 20) and up 58.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($7,320) (1.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,504 increase compared to the previous 30 day period (December 22 - January 20) and ($7,520) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Burlington over the last 30 days (January 21 - February 19) stood at 21.7%, down from 61.5% over the previous 30 days (December 22 - January 20) and down from 58.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Burlington stood at 52 days when successfully sold over the last 30 days (January 21 - February 19), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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