5010 Corporate Drive, Unit 423, Burlington, ON

$550,000
MLS#:W9284726
1 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
5010 Corporate Drive 423, Burlington, ON L7L 0H6
⚠️

Property no longer active

This property was sold on October 16, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Uptown. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via ground source

Description

Feel the Vibe in this beautiful 720 sqft penthouse unit. The 1.5 bathrooms and a den are rare in a 1 bedroom condo apartment. Features in-suite stacking full size washer and dryer, stainless steel appliances, high ceiling and granite countertops . As a bonus, the locker room is directly across the hall and the well lit parking spot is steps away from the entrance door. The balcony provides an unobstructed view across vacant land to south Burlington. Amenities include a gym, rooftop terrace, and a party room. Great location as numerous restaurants and shopping are within short walking distance. Easy access to both the 407 and the QEW and a short drive to Burlington's downtown and lakeshore including Spencer Smith Park.

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Property Summary

This condo apartment located at 5010 Corporate Drive, Burlington is currently for sale and has been available on SousaSells for 706 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 1 bed, 2 bathrooms, and is 700-799 square feet. 5010 Corporate Drive, Burlington is in the Uptown neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Uptown, Burlington.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Burlington.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 16, 2024
Sold price information is available to members only
Listed Date8/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyHalton
Annual Tax$2,846.28

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGround Source
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit
  • Rec./Commun.Centre
  • School
  • Golf
  • Hospital
  • Place Of Worship

Interior Features

  • Storage Area Lockers

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 5010 Corporate Drive, Unit 423, Burlington, ON

Q.What is the asking price for 5010 Corporate Drive, Unit 423, Burlington, ON ?

The current listing price for 5010 Corporate Drive, Unit 423, Burlington, ON in Uptown, Burlington is $550,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 2 bathrooms across approximately 700-799 sqft.

Q.What property type and architectural style is 5010 Corporate Drive, Unit 423, Burlington, ON ?

5010 Corporate Drive, Unit 423, Burlington, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 5010 Corporate Drive, Unit 423, Burlington, ON offer?

Key property features include: Public Transit, Rec./Commun.Centre, School, Golf, Hospital, Place Of Worship.

Q.What interior features are included in this home?

Interior highlights include: Storage Area Lockers.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Ground Source and cooling via Central Air.

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Location

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5010 Corporate Drive, Unit 423, Burlington, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 5010 Corporate Drive 423, Burlington, ON L7L 0H6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Burlington.

Configure Loan Settings

Interest Rate4.00%
Down Payment$165,000 (30.0%)
* Minimum Canadian down payment required for this price is $30,000.
Amortization Period30 Years
Estimated Monthly Payment$1,831Based on a loan of $385,000 over 30 years.
Purchase Price$550,000
Loan Amount$385,000
Provincial Land Transfer Tax:$7,475
Total Estimated Closing Taxes:$7,475

About Purchasing a Home in Burlington, ON

For a property listed at $550,000 in Burlington, the legal minimum down payment is $30,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,475 for this transaction. As this listing is in Burlington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,475.

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Uptown, Burlington Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Uptown, Burlington.

Verified Local Data
City Population186,948
City Median Age42.6 Yrs
City Ownership78% Owners
Avg Area List Price$634,135

People & Families

Age Distribution

Household Composition

One-person households
24%
Families with children
44%
Couples without children
28%
Other households
4%

Top Ethnic Origins

English31%
Canadian24%
Scottish22%
Irish21%

Best Schools in Uptown, Burlington

Elementary Schools

St Elizabeth Seton
Public5070 Dryden Avenue, Burlington, Ontario, L7L 6Y3
8.4
Orchard Park
Public5151 Dryden Avenue, Burlington, Ontario, L7L 7J3
7.5
Alexander's
Public2223 Sutton Drive, Burlington, Ontario, L7L 0B9
7.9
Charles R. Beaudoin
Public4313 Clubview Drive, Burlington, Ontario, L7M 5A1
8.1
St Christopher
Public2400 Sutton Drive, Burlington, Ontario, L7L 7N2
7.1

Secondary Schools

Corpus Christi
Public5150 Upper Middle Road, Burlington, Ontario, L7L 0E5
8.1
Dr. Frank J. Hayden
Public3040 Tim Dobbie Drive, Burlington, Ontario, L7M 0M3
8.0

Uptown, Burlington Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.