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    Burlington / Corporate Drive

    401 - 2055 Appleby Line

    For RentOrchard Uptown Condos
    $3,000/mth
    2 Beds
    2 Bath
    1 Parking
    1,184 SQFT
    32 Days on Strata
    Est Lease Timeframe
    12 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Exclusive
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Gas Fireplace, Vaulted Ceiling, Carpet
    20.01 x 16.08ft
    Dining
    Combined with Living, Vaulted Ceiling, Open Concept
    20.01 x 16.08ft
    Kitchen
    Stainless Steel Appliances, Breakfast Bar, Walkout To Balcony
    14.01 x 10.4ft

    About this Listing

    Beautiful Corner Condo apartment with Vaulted Ceilings in living / dining room and gas fireplace! This stunning 2 Bedroom, 2 Bath suite with high ceilings, balcony overlooking trees and green space, feels more like a home than a condo. Located in the highly sought after Orchard Neighbourhood with great schools and with shopping and restaurants across the street. Lovely open concept living and dining room with a gas fireplace and open to the kitchen. The kitchen has newer stainless steel appliances (not shown in photos) and great cupboard space. The luxurious primary bedroom has a large closet and 4 piece ensuite. The 2nd bedroom is also a great size with 3 piece bath along side. The suite comes with 1 underground parking spot, locker and there is a recreation centre with exercise room, party room and sauna in the complex. Looking for a AAA Tenant, No Pets and Non-Smoker. Tenant Pays Cable/Internet, Heat (Gas), Hydro (Electricity), Hot Water Tank Rental ($38.11 per month) and Tenant's Insurance. Don't miss the opportunity to make this beautiful home yours.

    ExtrasEQUIFAX credit report required

    re/max escarpment realty inc.MLS® #W9260518

    Amenities

    BBQ
    Games Room
    Gym Room
    Indoor Parking
    Sauna
    Car Wash

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    Unknown
    Transit
    8/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,378
    Average Individual Income
    $89,171
    Average Household Size
    0 persons
    Average Age
    40
    Average Household Income
    $130,655
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    17%
    35 - 49
    18%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    21%
    $60,000+
    16%
    $90,000+
    12%
    $125,000+
    8%
    Housing Types & Tenancy
    Detached
    56%
    Semi Detached
    20%
    High Rise Apartment
    10%
    Low Rise Apartment
    8%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    94%
    Other
    5%
    Punjabi
    1%
    Education
    University and Above
    32%
    High School
    26%
    College
    21%
    None
    12%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Architecture & Engineering
    20%
    Business Management
    19%
    Health & Related Fields
    14%
    Social Sciences
    13%
    Humanities
    7%
    Education
    7%
    Math & Computer Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Physical Sciences
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    Orchard Uptown Condos vs The Corporate Drive Area

    Building Trends At Orchard Uptown Condos

    Days on Strata

    Units at Orchard Uptown Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Corporate Drive

    Turnover of Units

    On average, each unit is owned for
    4.1
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 23 condos in the Corporate Drive area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Orchard Uptown Condos offers the
    ?
    best value out of 23 condos in the Corporate Drive neighbourhood

    Appreciation Rank

    Orchard Uptown Condos has the
    ?
    highest ROI out of 23 condos in the Corporate Drive neighbourhood

    Rental Yield

    Orchard Uptown Condos yields the
    ?
    highest rent prices out of 23 condos in the Corporate Drive neighbourhood

    High Demand

    Orchard Uptown Condos is the
    ?
    most popular building out of 23 condos in the Corporate Drive neighbourhood

    Transaction Insights at 2055 Appleby Line

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$480,000$587,000No DataNo Data$685,000
    Avg. Cost Per Sqft$799$666No DataNo Data$586
    Avg. Wait for Unit Availability338 Days258 Days107 DaysNo Data583 Days
    Ratio of Units in Building23%22%49%2%7%

    Transactions vs Inventory

    Total number of units listed and leased in Corporate Drive