Maintenance Fees
Vibe Condos vs The Corporate Drive Area
408 - 5020 Corporate Dr
$499,9001 bd1 ba1 pk524 sqft
For SaleVibe Condos
28 Days on Strata
$499,900
1 Bed
1 Bath
1 Parking
524 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$384/mth
Taxes:
$2,194 (2024)
Cost Per Sqft:
$954/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
East
Possession Date:
Flexible
Amenities
BBQs Allowed
Rec Room
Indoor Parking
Security System
Games Room
Party Room
Media Room
Rooftop Deck
Bike Storage
Gym Room
Visitor Parking
About this Listing
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.
ExtrasFridge, Stove, Microwave, Dishwasher, Washer, Dryer, All ELFs
royal lepage burloak real estate servicesMLS® #W12011599
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Bedroom
14.01 x 10.99ft
Bathroom
0 x 0ft
Kitchen
12.66 x 6ft
Living
45.93 x 36.09ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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
Household Income
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%
Building Trends At Vibe Condos
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
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance 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 againProperty 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 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $482,500 - $518,500 | $485,000 - $550,000 | $678,000 - $695,000 | No Data |
| Avg. Cost Per Sqft | $801 | $734 | $660 | No Data |
| Price Range | $2,200 - $2,350 | $2,400 - $2,450 | $2,880 | No Data |
| Avg. Wait for Unit Availability | 53 Days | 43 Days | 88 Days | 1822 Days |
| Avg. Wait for Unit Availability | 56 Days | 94 Days | 168 Days | 759 Days |
| Ratio of Units in Building | 39% | 40% | 21% | 1% |
Market Inventory
Total number of units listed and sold in Corporate Drive
