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    5020 Corporate Drive & 5010 Corporate Drive & 5030 Corporate Drive

    5for Sale
    1for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    4

    Number of Units:

    93

    Condo Completion:

    2014

    Condo Demand:

    Medium

    Unit Size Range:

    499 - 1,499 SQFT

    Unit Availability:

    Medium

    Property Management:

    Summerhill Property Management

    Amenities

    Bike Storage
    Media Room
    BBQs Allowed
    Rooftop Deck
    Security System
    Rec Room
    Gym Room
    Visitor Parking
    Indoor Parking
    Games Room
    Party Room

    About 5020 Corporate DriveVibe Condos

    Located at 5030 Corporate Drive, 5010 Corporate Drive, 5020 Corporate Drive, Vibe Condos is a 4-storey condo containing 93 units. These Burlington condos for sale were completed in 2014 with units starting at 499 square feet, ranging up to 1499 square feet. What makes a Corporate Drive condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees are $0.62 per-square-foot, which is higher than the neighbourhood average of $0.60 per-square-foot.

    The Suites

    On average, units at 5030 Corporate Drive, 5010 Corporate Drive, 5020 Corporate Drive sell 0.34% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $754 and units sell with 32 days on market on average. Over the past 12 months, 16 have sold and 12 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Daytime Grill, Industria Pizzeria + Bar and Jiayan Chinese Restaurant are all within 8 minutes walking distance from 5030 Corporate Drive, 5010 Corporate Drive, 5020 Corporate Drive. Get to know Corporate Drive by exploring local cafes like Starbucks and Coffee Culture Cafe & Eatery.

    Grocery shopping is never a chore with stores such as Metro Millcroft and Nature's Emporium in the area.

    There are a number of banks within a short drive, including BMO Bank of Montreal ATM and RBC Royal Bank for all your investment needs.

    Having DesJardines Park, Desjardines Park and Lampman Park within 9 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Vibe Condos is a short drive away from Trinity Christian School, giving you plenty of choice for your child’s education. This location is a great choice for families who are seeking top-notch educational institutions like Corpus Christi Catholic Secondary School.

    Transportation

    Transit users will need to trek a bit to Walkers at Fairview, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5001 Corporate Drive, 1751 Lampman Avenue and 1701 Lampman Avenue.

    Maintenance Fees

    Included in Fees
    Heat
    Air Conditioning
    Water
    Not Included
    Hydro

    Listing History for Vibe Condos

    Mar 28, 202530 days on Strata
    terminated

    $524,800
    120 - 5010 Corporate Dr
    1 + 1
    1
    1
    700 Sqft
    View
    Mar 21, 202552 days on Strata
    terminated

    $2,200
    135 - 5010 Corporate Dr
    1
    1
    1
    500 - 599 Sqft
    View
    Receive listing updates for Corporate Drive

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    5

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    1

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    Similar Condos

    Explore Corporate Drive


    Commute Calculator

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    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!

    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%



    Days on Strata

    Units at Vibe Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    5.1
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 9 condos in the Corporate Drive area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    12
    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

    Market Insights

    Transaction Insights at Vibe Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$482,500 - $518,500$485,000 - $550,000$678,000 - $695,000No Data
    Avg. Cost Per Sqft$801$734$660No Data
    Avg. Wait for Unit Availability53 Days43 Days88 Days1822 Days
    Ratio of Units in Building39%40%21%1%

    Market Inventory

    Total number of units listed and sold in Corporate Drive