5001 Corporate Dr 409

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5001 Corporate Dr 409, Burlington
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
W3979302
MLSID
Contact Us
Property Description
Beautiful Corner Suite With Large Balcony, 2 Bedroom, 2 Bath, Laminate Floors, Upgraded Suite. Close To All Amenities. Walking Distance From Restaurants, Stores, Etc. Easy Access To Highways
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-01-27 2023-02-24 28 $729,900 - Suspended
2022-11-23 2023-01-27 65 $738,800 - Terminated
2022-11-01 2022-11-23 22 $768,800 - Terminated
2021-02-12 2021-02-24 12 $529,900 $530,000 Sold
Extras
All Elf's, Fridge, Stove, B/I Dw, Washer And Dryer
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain10.01' x 17.85'Laminate, W/O To Balcony
KitchenMain7.41' x 15.03'Modern Kitchen
MasterMain9.42' x 14.44'Laminate, Closet
2nd BrMain9.38' x 9.81'Laminate, Closet
Burlington Market Statistics
Burlington Price Trend
5001 Corporate Dr 409 is a 2-bedroom 2-bathroom condo listed for sale at $456,000, which is $209,615 (31.5%) lower than the average sold price of $665,615 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 2 bedroom condo in Burlington declined by $30,744 (4.4%) compared to the previous 30 day period (February 23 - March 23) and down $9,462 (1.4%) from the same time one year ago.
Inventory Change
There were 73 2-bedroom condos listed in Burlington over the last 30 days (March 24 - April 22), which is up 78.0% compared with the previous 30 day period (February 23 - March 23) and up 58.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Burlington typically sold ($8,253) (1.2%) below asking price over the last 30 days (March 24 - April 22), which represents a $1,937 increase compared to the previous 30 day period (February 23 - March 23) and ($6,429) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Burlington over the last 30 days (March 24 - April 22) stood at 53.4%, down from 78.0% over the previous 30 days (February 23 - March 23) and down from 67.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Burlington stood at 19 days when successfully sold over the last 30 days (March 24 - April 22), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Kingsway Real Estate Brokerage, Brokerage
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