5010 Corporate Drive Unit 109, Burlington

Price: $650,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13149080

Welcome to this beautifully maintained 1 bedroom + den, 2 bathroom condo offering 785 sq ft of stylish living space in a sought-after Burlington location. Built in 2014, this bright main floor unit features soaring 10-foot ceilings, an open-concept layout, and a versatile den perfect for a home office or guest space. Enjoy the convenience of in-suite laundry, a private balcony, and modern finishes throughout. The spacious primary bedroom includes ample closet space and ensuite access, while the second bathroom adds extra functionality for guests. Ideally located close to shopping, restaurants, parks, and everyday amenities, this home is also just minutes from the Appleby GO Station, making it perfect for commuters. Residents can enjoy fantastic building amenities including a rooftop terrace, party room, and fully equipped gym. An excellent opportunity for first-time buyers, downsizers, or investors looking for low-maintenance living in a prime Burlington location.

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New Listing
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$650,000 - 5010 Corporate Drive Unit 109, Burlington

Condo for Sale in Burlington

New — Listed 5 days ago
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13149080
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Burlington
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
Real Broker Ontario Ltd.
Description

Welcome to this beautifully maintained 1 bedroom + den, 2 bathroom condo offering 785 sq ft of stylish living space in a sought-after Burlington location. Built in 2014, this bright main floor unit features soaring 10-foot ceilings, an open-concept layout, and a versatile den perfect for a home office or guest space. Enjoy the convenience of in-suite laundry, a private balcony, and modern finishes throughout. The spacious primary bedroom includes ample closet space and ensuite access, while the second bathroom adds extra functionality for guests. Ideally located close to shopping, restaurants, parks, and everyday amenities, this home is also just minutes from the Appleby GO Station, making it perfect for commuters. Residents can enjoy fantastic building amenities including a rooftop terrace, party room, and fully equipped gym. An excellent opportunity for first-time buyers, downsizers, or investors looking for low-maintenance living in a prime Burlington location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.84/mo

Includes CMHC insurance ($18,135)

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5-yr fixed avg.

Principal: $585,000Interest: $397,316
Mortgage Amount$603,135
Total Interest$397,316
Est. Property Tax$460/mo
Total Cost$1,000,451

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Burlington

Discover Burlington

Burlington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Burlington

  • Convenient location in Burlington
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

M.M. Robinson High SchoolPublic High School
Nelson High SchoolPublic High School
Assumption Catholic Secondary SchoolCatholic High School
Corpus Christi Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Burlington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

5010 Corporate Drive Unit 109, Burlington

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,150

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $929/sqft, this property is priced in line with current Burlington market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Burlington's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Burlington Lifestyle

Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

Investment Perspective

Looking at this as an investment: Burlington properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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