5020 CORPORATE Dr 410
Uptown, Burlington, L7L 0H7
FOR SALE
$499,999
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Property Description
Welcome to Penthouse Unit 410 in North Burlington's vibrant Vibe Condominiums. This thoughtfully designed space boasts impressive high ceilings, creating an airy and spacious atmosphere that immediately captivates upon entry. The heart of this home is a sleek, modern kitchen featuring elegant granite countertops and a convenient breakfast bar, perfect for casual dining or entertaining. The spacious bedroom offers a generous walk-in closet, while the versatile den provides flexibility as a home office, cozy reading nook, or personal workout space. Step through the living room's sliding doors onto your private balcony, a tranquil outdoor retreat ideal for unwinding after a long day or enjoying your morning coffee. Vibe Condominiums offers an array of premium amenities, including a rooftop garden terrace with stunning views, a stylish party room for hosting gatherings, a well-equipped exercise room, a theatre room for movie nights, and an outdoor BBQ space for al fresco dining. Your purchase includes one underground parking space located steps away from the basement entrance and a storage locker for added convenience. Located in a prime area, Millcroft Shopping Centre is just around the corner, serving as a one-stop destination for all your needs. Healthcare services are easily accessible, and you'll find yourself close to parks, walking trails, diverse shopping options, major highways, restaurants, and schools. Commuters will appreciate the easy access to Appleby GO Station. As an added bonus, this unit boasts low condo fees that include heat and water, making it an excellent value for your investment. Experience the perfect blend of luxury, convenience, and community in this exceptional penthouse unit at Vibe Condominiums.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-30 | 2024-11-12 | 74 | $499,999 | - | Terminated |
| 2024-06-22 | 2024-08-31 | 70 | $520,000 | - | Terminated |
| 2020-10-12 | 2020-10-21 | 9 | $449,900 | $448,000 | Sold |
Property Features
Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,433 (2024)
Basement
None
Exterior
Brick, Stone
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.15' x 17.06' | Combined W/Dining, Balcony, Sliding Doors |
| Dining | Main | 11.15' x 17.06' | Combined W/Living, Open Concept |
| Kitchen | Main | 7.51' x 9.32' | Granite Counter, B/I Dishwasher, B/I Microwave |
| Prim Bdrm | Main | 8.66' x 11.22' | W/I Closet, Large Window |
| Den | Main | 5.58' x 7.25' |
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Burlington Market Statistics
Burlington Price Trend
5020 CORPORATE Dr 410 is a 1-bedroom 1-bathroom condo listed for sale at $499,999, which is $4,451 (0.9%) higher than the average sold price of $495,548 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 1 bedroom condo in Burlington declined by $24,628 (4.7%) compared to the previous 30 day period (September 22 - October 21) and down $35,741 (6.7%) from the same time one year ago.Inventory Change
There were 47 1-bedroom condos listed in Burlington over the last 30 days (October 22 - November 20), which is up 14.6% compared with the previous 30 day period (September 22 - October 21) and up 9.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($11,422) (2.3%) below asking price over the last 30 days (October 22 - November 20), which represents a $489 increase compared to the previous 30 day period (September 22 - October 21) and ($16,315) 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 (October 22 - November 20) stood at 83.0%, up from 41.5% over the previous 30 days (September 22 - October 21) and up from 44.2% 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 54 days when successfully sold over the last 30 days (October 22 - November 20), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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