5020 Corporate Drive & 5010 Corporate Drive & 5030 Corporate Drive
Building Details
Listing History for Vibe Condos
Amenities
Maintenance Fees
About 5020 Corporate Drive — Vibe Condos
Located at 5030 Corporate Drive, 5010 Corporate Drive, 5020 Corporate Drive, Vibe Condos is a 4-storey condo containing 93 units. These Burlington condos for sale were completed in 2014 with units starting at 499 square feet, ranging up to 1499 square feet. What makes a Corporate Drive condo for sale most appealing is all that the neighbourhood has to offer.
Maintenance fees are $0.65 per-square-foot, which is higher than the neighbourhood average of $0.61 per-square-foot.
The Suites
On average, units at 5030 Corporate Drive, 5010 Corporate Drive, 5020 Corporate Drive sell -0.70% 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 $715 and units sell with 30 days on market on average. Over the past 12 months, 20 have sold and 15 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 Corporate Drive 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.
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Listings For Sale
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Price Cut: $10,988 (Nov 14)
Price Cut: $20,000 (Nov 17)
Price Cut: $38,000 (Nov 17)
Listings For Rent
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Vibe Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 5020 Corporate Drive
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | $489,999 - $545,000 | $507,000 - $552,000 | $625,000 - $695,000 | No Data |
Avg. Cost Per Sqft | $823 | $743 | $650 | No Data |
Price Range | $2,200 - $2,350 | $2,300 - $2,450 | $2,600 | No Data |
Avg. Wait for Unit Availability | 57 Days | 41 Days | 92 Days | 1822 Days |
Avg. Wait for Unit Availability | 57 Days | 77 Days | 148 Days | 759 Days |
Ratio of Units in Building | 38% | 42% | 21% | 2% |
Unit Sales vs Inventory
Total number of units listed and sold in Corporate Drive