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$400K · 1 bed Common Element Condo · Unit 408, VIBE, 5010 Corporate Drive, Burlington, Ontario L7L 0H6 | HomeSearchCanada

$399,990

Unit 408

94 DOM

1194d

Map

DOM 94

↓ $30KMotivated Seller

$399,990

↓ $30KMotivated Seller

DOM94days

Unit 408

VIBE · 5010 Corporate Drive · Burlington · Ontario L7L 0H6

MLS® W13234820 · Uptown · L7L 0H6

11Vacant500-599 ft²Common Element Condo1-car UndergroundNo basement94d$728/ft²$2,908 tax/yrBuilt 201313 yrs oldNo basement

94 days on market

About this home

Welcome to Vibe Condos in Burlington's sought-after Uptown community. This beautifully maintained 1Bed,1bath suite offers a functional open concept layout designed for comfortable everyday living.Featuring modern finishes, hardwood flooring, bright living area, ample kitchen cabinet and counter space, this home is idea for first time buyers, professionals and investors. Enjoy the convenience of in-suite laundry, 1 underground parking and 4th floor storage locker. Residents enjoy exceptional buil…

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Property details

MLS#: W13234820
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 5
Kitchens: 1
Size: 500-599Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Common Element Condo
Year built: 2013

Occupancy: Vacant
Washrooms: 3 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Roof: Flat
Foundation: Poured Concrete

Building name: VIBE
Condo corp #: 630
Balcony: Enclosed
Locker: Owned
Association amenities: Bike Storage, Elevator, Exercise Room, Game Room, Party Room/Meeting Room, Rooftop Deck/Garden
Fees include: Heat Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: No

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Other
Cooling: Other
Fireplaces: —
Waterfront: No
Exterior: Stucco (Plaster)
Fronting on: —
Cross street: Appleby Line
Stories: 4
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Storage Area Lockers, Other
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $30KPrice reduction

MLS shows the seller reduced the asking price by $29,910 (from $429,900 to $399,990).

Motivated SellerWhy this label

94 days on market — Listing has been active for 94 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX ESCARPMENT REALTY INC.

Source: TRREB/PROPTX · MLS® W13234820

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$400K

Unit 408 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $399,990✓ $2,908 tax✓ Other✓ 500-599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,738/mo

incl. closing costs (yr 1)

Annual total

$44,860

year 1

Mortgage only

$1,517/mo

principal + interest

Beyond mortgage

$1,390/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$79,998

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$242/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~550 ft² · ON avg ~$75/mo · assumes gas heat

Other$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$32/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $18,209/yr

Property taxes16% $7,383/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $4,000/yr

Condo fees10% $4,607/yr

Closing costs11% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$18,209	$1,517/mo
Government & taxes
Property tax	$2,908	$242/mo
Land transfer tax(closing)	$4,475	$373/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,000	$333/mo
Condo fees
Condo / HOA fees	$4,607	$384/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$44,860	$3,738/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 408

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs