5020 corporate Dr 420

Uptown, Burlington, L7L 0H7
FOR SALE
$510,000
5020 corporate Dr 420, Burlington
5020 corporate Dr 420
5020 corporate Dr 420
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5020 corporate Dr 420
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BEDROOMS
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KITCHENS
4
ROOMS
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Property Description
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!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-05-12 2022-05-18 6 $599,999 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,433 (2024)
Basement
None
Exterior
Brick Front
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Parking 1
Owned (A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BrMain8.66' x 11.94'
FoyerMain5.84' x 9.71'
BathroomMain5.51' x 9.68'4 Pc Bath
KitchenMain7.91' x 9.68'
LivingMain14.83' x 16.54'
Burlington Market Statistics
Burlington Price Trend
5020 corporate Dr 420 is a 1-bedroom 1-bathroom condo listed for sale at $510,000, which is $86,345 (14.5%) lower than the average sold price of $596,345 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 1 bedroom condo in Burlington increased by $70,413 (13.4%) compared to the previous 30 day period (July 22 - August 20) and up $53,279 (9.8%) from the same time one year ago.
Inventory Change
There were 58 1-bedroom condos listed in Burlington over the last 30 days (August 21 - September 19), which is up 56.8% compared with the previous 30 day period (July 22 - August 20) and up 18.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Burlington typically sold ($16,315) (2.7%) below asking price over the last 30 days (August 21 - September 19), which represents a $6,919 decrease compared to the previous 30 day period (July 22 - August 20) and ($10,413) less 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 (August 21 - September 19) stood at 34.5%, down from 64.9% over the previous 30 days (July 22 - August 20) and up from 30.6% 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 66 days when successfully sold over the last 30 days (August 21 - September 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Quantum Realty Inc.
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