$619,000

For sale

#9 5030 CORPORATE Drive, Burlington - Single Family for Sale

#9 5030 CORPORATE Drive, Burlington, Ontario, L7L0H8

2 beds2 baths2 parking1,098 ft²$376/mo condo feeListed 16 days ago

Overview

This 2-bedroom, 2-bathroom condo in Burlington is for sale offering roughly 1,098 sq ft of space. Listed at $619,000, it is attractively priced about 5% below the $649,000 median asking price in Burlington. It has been on the market 16 days, fresher than the Burlington average of 59 days.

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Description

Welcome to stylish, low-maintenance living at The Vibe! This bright and inviting end-unit townhome offers a modern design, 1098 sqft, 2 bedrooms and 2 baths, neutral tones throughout, and an abundance of natural light. The open-concept main floor features impressive 9-foot ceilings, upgraded wood flooring, and a contemporary kitchen complete with stainless steel appliances, granite countertops, and a sleek glass tile backsplash. Enjoy the convenience of main-floor laundry, private bedroom balconies, and two exclusive parking spaces. An energy-efficient geothermal heating and cooling system provides year-round comfort. Enjoy easy parking options with 2 exclusive spots just outside your door! With its modern finishes, airy atmosphere, and desirable end-unit location, this townhome offers the perfect blend of style, comfort, and convenience in Burlington. Condo amenities include a party and theatre room, gym and roof top terrace for added entertainment and activity. Easy commuting with the QEW/403 and other major routes just minutes away along with an abundances of amenities, schools and parks close by. A fantastic opportunity to enjoy contemporary living at The Vibe! (id:66096)

Property Details

MLS®: 40872605
Property Type: Single Family
Zoning: M1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,098 ft²
Storeys: 2
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Open
Condo Fee: $376/mo
Ownership: Condo/Strata
Property Tax: $3,502.72/yr
Listed

Rooms

Second level

4pc Bathroom: 5'0'' x 9'8''
Primary Bedroom: 13'0'' x 15'9''
Bedroom: 8'11'' x 14'3''

Main level

2pc Bathroom: 5'11'' x 2'11''
Kitchen: 11'1'' x 15'7''
Living room: 16'8'' x 14'6''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Concrete, Brick
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Burlington listings, avg age

59d

Price / ft²

$564

List price

$619K

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 has been listed for 16 days, which is 43 days fresher than the city average of 59. Act while there is still low competition.

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Listed by RE/MAX Twin City Realty Inc. · CONSTANCE GUGLIELMO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7L)

This home lists at $619,000, about 5.1× the local median household income of $122,000.

Carrying it typically needs a household income of about $120,912 (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)

$619,000· $564/ft²

For sale

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Full Cost Breakdown

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Down Payment5.96% · $36,900

Min 5.96%50%

Mortgage payment$3,227/mo

↳ CMHC premium ($23,284 capitalized)

Property tax (est.)$292/mo

Condo fee$376/mo

Total monthly$3,895

Cash Needed to Close

Down payment (5.96%)$36,900

Land transfer tax$8,855

Est. closing costs$4,357

Total cash needed$50,112

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