$405,000

For sale

#611 5001 Corporate Drive, Burlington (Uptown) - Single Family for Sale

#611 5001 Corporate Drive, Burlington (Uptown), Ontario, L7L0H5

1 bed1 bath1 parking650 ft²$489/mo condo feeListed 94 days ago

Overview

This 1-bedroom, 1-bathroom condo in Burlington is for sale offering roughly 650 sq ft of space. Listed at $405,000, it is attractively priced about 22% below the $520,000 median asking price in Burlington.

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Description

Welcome to luxurious Appleby Uptown! This ultra-modern, carpet-free 1-bedroom suite features 9-foot ceilings and floor-to-ceiling windows, creating a bright, open, and airy living space filled with natural light in one of Burlington's most desirable locations.The stylish white kitchen is equipped with granite countertops, stainless steel appliances, a glass subway tile backsplash, and a spacious island with plenty of cabinetry and counter space.The inviting living room opens onto a private balcony with sleek glass railings, where you can relax and enjoy stunning views of the city. Ideally located close to everything you need, including shopping, restaurants, parks, public transit, and everyday conveniences, with easy access to major highways and the GO Station.Residents enjoy exceptional building amenities, including a fitness centre, party/meeting room, and visitor parking. (id:66096)

Property Details

MLS®: W13629994
Property Type: Single Family
Zoning: Residential
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $489/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,628.65/yr
Listed: 94 days ago

Rooms

Main level

Kitchen: 3.96 x 3.32 meters
Living room: 3.32 x 3.13 meters
Bedroom: 3.81 x 3.01 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Garage door opener remote(s)
Flooring: Hardwood, Ceramic
Exterior: Steel, Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

94d

Burlington (Uptown) listings, avg age

45d

Price / ft²

$624

List price

$405K

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 1-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 ABOUTOWNE REALTY CORP. · JIAJIA ZHU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $405,000, about 3.3× the local median household income of $122,000.

Carrying it typically needs a household income of about $79,111 (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)

$405,000· $624/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,250

Min 5%50%

Mortgage payment$2,133/mo

↳ CMHC premium ($15,390 capitalized)

Property tax (est.)$219/mo

Condo fee$489/mo

Total monthly$2,841

Cash Needed to Close

Down payment (5%)$20,250

Land transfer tax$4,575

Est. closing costs$3,715

Total cash needed$28,540

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