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    Vibe Condos

    5020 Corporate Drive & 5010 Corporate Drive & 5030 Corporate Drive

    3for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    4
    Number of Units:
    93
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    499 - 1,499 SQFT
    Unit Availability:
    High
    Property Management:
    No Data

    Listing History for Vibe Condos

    Amenities

    Security System
    Party Room
    Indoor Parking
    Gym Room
    Media Room
    Rooftop Deck

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5020 Corporate DriveVibe Condos

    Located at 5030 Corporate Drive, 5010 Corporate Drive, 5020 Corporate Drive, Vibe Condos is a 4-storey condo containing 93 units. These Halton Region condos for sale were completed in 2014 with units starting at 499 square feet, ranging up to 1499 square feet. What makes a Orchard condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees are $0.67 per-square-foot, which is higher than the neighbourhood average of $0.63 per-square-foot.

    The Suites

    On average, units at 5030 Corporate Drive, 5010 Corporate Drive, 5020 Corporate Drive sell -2.58% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $754 and units sell with 27 days on market on average. Over the past 12 months, 20 have sold and 11 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Daytime Grill, Industria Pizzeria + Bar and Jiayan Chinese Restaurant are all within 8 minutes walking distance from 5030 Corporate Drive, 5010 Corporate Drive, 5020 Corporate Drive. Get to know Orchard by exploring local cafes like Starbucks and Coffee Culture Cafe & Eatery.

    Grocery shopping is never a chore with stores such as Metro Millcroft and Nature's Emporium in the area.

    There are a number of banks within a short drive, including BMO Bank of Montreal ATM and RBC Royal Bank for all your investment needs.

    Having DesJardines Park, Desjardines Park and Lampman Park within 9 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Vibe Condos is a short drive away from Trinity Christian School, giving you plenty of choice for your child’s education. This location is a great choice for families who are seeking top-notch educational institutions like Corpus Christi Catholic Secondary School.

    Transportation

    Transit users will need to trek a bit to Walkers at Fairview, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5001 Corporate Drive, 1751 Lampman Avenue and 1701 Lampman Avenue.

    3

    Listings For Sale

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    1

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    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%

    Days on Strata

    Units at Vibe Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 23 condos in the Orchard area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Vibe Condos offers the
    ?
    best value out of 23 condos in the Orchard neighbourhood

    Appreciation Rank

    Vibe Condos has the
    ?
    highest ROI out of 23 condos in the Orchard neighbourhood

    Rental Yield

    Vibe Condos yields the
    ?
    highest rent prices out of 23 condos in the Orchard neighbourhood

    High Demand

    Vibe Condos is the
    ?
    most popular building out of 23 condos in the Orchard neighbourhood

    Transaction Insights at 5020 Corporate Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$495,000 - $545,000$522,000 - $560,000$550,000 - $715,000$720,000
    Avg. Cost Per Sqft$869$777$673$740
    Avg. Wait for Unit Availability52 Days46 Days88 Days1822 Days
    Ratio of Units in Building39%40%22%2%

    Maintenance Fees

    Vibe Condos vs The Orchard Area

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