$470,000

For sale

#302 5020 Corporate Drive, Burlington (Uptown) - Single Family for Sale

#302 5020 Corporate Drive, Burlington (Uptown), Ontario, L7L0H7

2 beds1 bath1 parking$442/mo condo feeListed 194 days ago

Overview

This 2-bedroom, 1-bathroom condo in Burlington is for sale. Listed at $470,000, it is attractively priced about 10% below the $520,000 median asking price in Burlington.

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Description

Welcome to this gorgeous unit in North Burlington's vibrant Vibe Condominiums. This impressive space offers high ceilings, The heart of this home is a sleek, modern kitchen featuring plenty of storage, newly painted cupboards and new countertops. The unit boasts fresh paint, new flooring and trim throughout along with updated lighting and hardware. The spacious bedroom offers a generous space while the den is perfect as a guest space, office, reading area or any other configuration you desire! The private balcony is rich with sunlight and offers the perfect place to relax. Vibe Condominiums offers an array of unbeatable amenities, including a rooftop terrace with stunning views, dining area and bbq's, a party room for hosting lively gatherings that require more space, and a gym for all your fitness needs. Movie nights will never be the same with the fabulous movie room you'll have at your disposal. Enjoy Millcroft Shopping Centre nearby - you'll find all you'll need and after the shopping chores are done for the day just scoot over to the many parks, get lost on the many walking trails and everything else this sought after pocket is known for. Highway access is only a few minutes away along with Go Train access - downtown Toronto is never far away. (id:66096)

Property Details

MLS®: W13043042
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $442/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,450/yr
Listed: 194 days ago

Rooms

Main level

Kitchen: 3.38 x 2.84 meters
Den: 2.18 x 1.7 meters
Dining room: 3.38 x 2.13 meters
Living room: 3.38 x 2.95 meters
Bedroom: 3.2 x 2.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Window Coverings
Exterior: Brick, Stone
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

194d

Burlington (Uptown) listings, avg age

45d

List price

$470K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Burlington (Uptown) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX ESCARPMENT REALTY INC. · Matthew Regan

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $470,000, about 3.9× the local median household income of $122,000.

Carrying it typically needs a household income of about $91,807 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $122,000
Population: 47,433
Median age: 42.4
Owner / renter: 84% / 16%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L7L)

$470,000

For sale

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Full Cost Breakdown

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Down Payment5% · $23,500

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,860 capitalized)

Property tax (est.)$204/mo

Condo fee$442/mo

Total monthly$3,121

Cash Needed to Close

Down payment (5%)$23,500

Land transfer tax$5,875

Est. closing costs$3,910

Total cash needed$33,285

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