109-5010 Corporate Drive, Burlington, ON

Uptown, Burlington · MLS® W13666394

$575,000
For Sale
Listed 64 days agoNo offer date statedSitting longer than typical
2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to this beautifully updated 2-bedroom condominium in Burlington's sought-after Uptown community, offering 785 sq. ft. of stylish, open-concept living.
  • Perfectly located close to shopping, restaurants, parks, public transit, and major highways, this move-in-ready home combines comfort, convenience, and modern...
  • The beautifully renovated kitchen is the heart of the home, featuring updated countertops, modern finishes, and plenty of cabinetry, flowing seamlessly into the...

Welcome to this beautifully updated 2-bedroom condominium in Burlington's sought-after Uptown community, offering 785 sq. ft. of stylish, open-concept living. Perfectly located close to shopping, restaurants, parks, public transit, and major highways, this move-in-ready home combines comfort, convenience, and modern finishes in one exceptional package. Step inside to discover a bright and spacious layout filled with natural light. The beautifully renovated kitchen is the heart of the home, featuring updated countertops, modern finishes, and plenty of cabinetry, flowing seamlessly into the generous living and dining area-perfect for everyday living and entertaining. New flooring throughout adds a fresh, contemporary feel and creates a cohesive, polished space. The home features two comfortable bedrooms offering flexibility for a variety of lifestyles, whether you need a dedicated guest room, home office, or additional bedroom. Two well-appointed bathrooms and convenient in-suite laundry add to the home's thoughtful functionality. Step outside to your private balcony, the perfect place to enjoy your morning coffee or unwind at the end of the day. This well-maintained building offers excellent amenities including a fitness centre, party room, rooftop terrace, and BBQ area. One underground parking space and an owned locker provide added convenience. Located just minutes from Appleby GO Station, shopping, dining, parks, and everyday amenities, this beautifully updated condo is an excellent opportunity for first-time buyers, downsizers, or investors seeking low-maintenance living in a prime Burlington location.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13666394
Bedrooms
2
Bathrooms
2 (1 half)
Size
700-799 sq ft
Cross streets
Appleby Line & Corporate Dr
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Roof
Flat
Maintenance
$550/mo
Exposure
North
Property tax
$3,041 / 2025
Days on market
64
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

Dining RoomMain4.57 × 3.35 m
BedroomMain4.57 × 3.51 m
BedroomMain3.35 × 2.16 m
Living RoomMain4.57 × 3.35 m
KitchenMain3.66 × 2.74 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$558Klikely sale price

Listed at $575,000. Going by how homes in Uptown and the wider GTA have actually closed against their asking prices (about 97%, 8 local closings in 90 days), the likely sale price is near $558K, if it sells. A realistic range is $526K to $604K.

Independent value check: $525K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $489K and $552K).

Why $525K. The typical condo sold in Uptown over the past year went for about $540K (47 sales). What sets this one apart:

  • ▼ Lowers itIt is 700 to 799 sq ft; the typical home sold here is 900 to 999.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 64 days on the market against about 37 for homes like it here, and asking 9% above where comparable closings put it.

List price
$526KBelow recent closings$604KAbove recent closings

Total price vs nearby homes. Likely closing about $558K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$543Kmedian sold price
96%of asking, on average
+5%prices vs a year ago
~27 dayshomes like this take to sell
64days on market so far
$2,524/moest. rent · 98 leases
5.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 5 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $767/sqft against an area asking average of $688/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $477K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 8 comparable homes that sold in Uptown over the past two years, from 92 closings there.

What sellers nearby are askingCurrently listed nearby in Uptown · asking prices
$470kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $525K, which is where my estimate comes from.

Per square foot, these ask about $688/sqft; this home lists at $767/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
575kThis home625k455k480k400k390kThis home vs active comparables

Sold price trend

Median sold price for condos in Burlington: $491K in September 2026, down 4% from a year ago, on 430 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Burlington as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$543K42
November 2025$579K33
December 2025$460K25
January 2026$527K15
February 2026$513K23
March 2026$530K43
April 2026$490K44
May 2026$522K50
June 2026$599K46
July 2026$535K49
August 2026$490K33
September 2026$491K27

Neighbourhood & location

Uptown, Burlington, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Tansley
$405K
Headon
$400K
Alton
$437K
Orchard
$485K
Appleby
$640K

Typical asking price of active listings of the same type, per area (outliers removed). Burlington.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,621/mo
$122KIncome needed
4.7×Price ÷ income
$605Weekly cost
$7,975Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

77%mortgage
Mortgage $2,621Property tax $253Condo fee $550Total carry $3,424

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,543per month

Mortgage amount $460,000 · 4.49% over 25 years

$115,000Down payment (20.0%)
$460,000Loan before insurance
$0CMHC premium
$3,347Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,543
Property tax
$253
Condo / maintenance fees
$550
Heating
$0
Estimated monthly cost
$3,347

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,975
Estimated closing costs
$7,975

Plus your down payment of $115,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,078/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$303,026Total interest paid
$763,026Total of all payments
Principal $460,000 Interest $303,026
YearPrincipalInterestBalance
1$10,265$20,256$449,735
2$10,731$19,790$439,003
3$11,219$19,302$427,785
4$11,728$18,793$416,057
5$12,260$18,261$403,796
6$12,817$17,704$390,979
7$13,399$17,122$377,580
8$14,007$16,514$363,573
9$14,643$15,878$348,929
10$15,308$15,213$333,621
11$16,003$14,518$317,618
12$16,730$13,791$300,888
13$17,490$13,031$283,398
14$18,284$12,237$265,115
15$19,114$11,407$246,001
16$19,982$10,539$226,019
17$20,889$9,632$205,130
18$21,837$8,684$183,293
19$22,829$7,692$160,464
20$23,865$6,656$136,599
21$24,949$5,572$111,650
22$26,082$4,439$85,568
23$27,266$3,255$58,302
24$28,504$2,017$29,798
25$29,798$723$0

At the end of your 5-year term

Total paid over the term
$152,605
Principal paid down
$56,204
Interest paid
$96,402
Balance remaining
$403,796

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 98 whole-home leases in Uptown$2,524/mo
$30,288Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,398 to $2,661Typical rent range
~29 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 98 whole-home leases in Uptown signed at a median of $2,293 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,524. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.3%
Gross yield
− Property tax $3,041− Condo fees $6,600− Insurance $600− Vacancy & upkeep $3,332Net operating income $16,715

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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