Unknown for 5020 Corporate Dr #106, Burlington Ontario L7L 0H7
1 day on Market

5020 Corporate Dr #106, Burlington, Ontario L7L 0H7

In the same building:
-
Condo
1
1
~500-599 sqft
$489,900
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Condo
1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$898/sqft

Est. Mortgage$2,104/mo

Maintenance fees$384/mo

Tax Amount (2024)$2,215/yr

Days On Market1 day


Description

This fantastic 1-bedroom, 1-bathroom suite in the Vibe Building represents modern living at its finest. Built by the award-winning New Horizon Homes, this residence offers 535 square feet of well-designed space that maximizes comfort and functionality. The contemporary layout ensures that every inch is utilized effectively, making it a beautiful and practical choice for singles or couples. The suite is part of a vibrant community that boasts a range of amenities, including a fully equipped gym, a stylish party room for social gatherings, and a rooftop patio that provides stunning views of the surroundings. These amenities enhance the living experience, allowing residents to enjoy leisure and community without having to leave the building. Conveniently located, this suite is just a short distance from shopping, restaurants, and highway access, making it easy to enjoy all that the area has to offer. Whether youre grabbing a quick bite, indulging in retail therapy, or commuting, everything you need is within reach. This suite combines comfort, style, and convenience, making it a perfect retreat in a bustling environment. The building features an innovative geothermal heating system, which is not only environmentally friendly but also highly efficient, ensuring a comfortable living environment year-round. The use of geothermal technology helps reduce energy costs while providing consistent warmth during the colder months. Additionally, the condo fees conveniently include heat and water, allowing residents to manage their monthly expenses more effectively. This all-inclusive approach makes budgeting simpler and enhances the overall appeal of the property, as residents can enjoy the benefits of essential utilities without worrying about additional costs. Overall, these features contribute to a more sustainable and hassle-free living experience. Suite can be available furnished.


Property Details

Style1 Storey/Apt
View-
Age of property11-15
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW12057867
Community NameDowntown Burlington
Data SourceTRREB
Listing byROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

2.84 x 2.31

Great Rm

3.94 x 3.4

Primary

3.28 x 3.64


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


1Story
Amenities

Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 2, 2025
ListedActive
$489,900
1 day on market
history photo preview33
Listing by trreb®
Property listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES, Brokerage

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Market Data - Downtown Burlington

Geo Zone Map ThumbnailDowntown Burlington

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

27 days

2023

23 days

2022

7 days

New Listings

Past 30 days

15 listings

Compared to

2024

7 listings

2023

9 listings

2022

16 listings

Units sold

Past 30 days

4 units

Compared to

2024

7 units

2023

7 units

2022

8 units

Median Sold Price

Past 30 days

$580,000

Compared to

2024

$642,000

2023

$525,000

2022

$756,500


Population and Demographics

Overview

Total population 2519
Average household income $158,213

Age (%)

35 to 49
23%
65 and plus
21%
0 to 19
21%
20 to 34
18%
50 to 64
17%

Household composition (%)

Single family
64%
Single person
33%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
78%
Spanish
4%
Arabic
3%
Others
3%
Portuguese
2%
Mandarin
2%
Tagalog (Pilipino, Filipino)
2%
French
1%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
75%
Renters
25%

Schools and amenities

Estimated Budget