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    Milton / Dempsey

    509 - 1050 Main St E

    For SaleArt on Main Condos
    $588,000
    1 Bed + 1
    2 Bath
    1 Parking
    753 SQFT
    21 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $595/mth
    Taxes:
    $2,435 (2024)
    Cost Per Sqft:
    $781/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    To Be Arranged
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Overlooks Water
    11.81 x 11.39ft
    Dining
    Laminate, Combined with Living, Open Concept
    11.81 x 11.39ft
    Kitchen
    Granite Counter, Stainless Steel Appliances, Backsplash
    10.99 x 8.79ft

    About this Listing

    Located At Milton's New Iconic Address Of Fernbrook's Art On Main, This Luxurious 1 Bed + 1 Den + 2 Full Baths Suite W/753 SF Living Space Including Balcony & Over 700 SF Interior Space, 9' Ceilings Offers Open Concept Living/Dining Room Combo W/Walk Out To Balcony Overlooking Pond, Family Sized Kitchen W/Modern Cabinetry, Granite Countertops, Bf Bar, Backsplash & Stainless Steel Appliances, Large Master Suite W/3 Pc Ensuite With Stand-Up Glass Shower & W/O To Balcony, Good Sized Den W/Mirrored Closet and Sliding Doors That Can Be Used As 2nd Bedroom, Upscale Laminate Floorings, Underground Parking & Locker.

    Extras24Hr Concierge, Gym, Yoga Rm, Outdoor Pool & Hot Tub, Party Rm W/Chef's Kitchen, Lounge/Library, Outdoor Terrace, Pet Spa. Walk To Go Station, Shopping, Amenities Or Arts Centre Next Door To Watch A Favourite Performance Once Its Show Time!

    minmaxx realty inc.MLS® #W9389870

    Amenities

    Indoor Parking
    Concierge
    Gym Room
    BBQs Allowed
    Party Room
    Rooftop Deck

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

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

    Population
    2,803
    Average Individual Income
    $72,983
    Average Household Size
    2 persons
    Average Age
    45
    Average Household Income
    $114,354
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    23%
    65+
    18%
    Household Income
    $0 - $30,000
    41%
    $30,000+
    26%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    62%
    Semi Detached
    12%
    Low Rise Apartment
    11%
    Duplex
    9%
    High Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    90%
    Other
    5%
    Punjabi
    4%
    Spanish
    1%
    Education
    High School
    33%
    University and Above
    23%
    College
    23%
    None
    13%
    Apprenticeship
    5%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    17%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Humanities
    6%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Physical Sciences
    4%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Art on Main Condos vs The Dempsey Area

    Building Trends At Art on Main Condos

    Days on Strata

    Units at Art on Main 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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Dempsey

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 5 condos in the Dempsey area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    21
    Units were Rented over the past twelve months

    Best Value Rank

    Art on Main Condos offers the
    ?
    best value out of 5 condos in the Dempsey neighbourhood

    Appreciation Rank

    Art on Main Condos has the
    ?
    highest ROI out of 5 condos in the Dempsey neighbourhood

    Rental Yield

    Art on Main Condos yields the
    ?
    highest rent prices out of 5 condos in the Dempsey neighbourhood

    High Demand

    Art on Main Condos is the
    ?
    most popular building out of 5 condos in the Dempsey neighbourhood

    Transaction Insights at 1050 Main Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$499,000 - $587,000$553,000 - $588,900$627,000 - $665,000$655,000 - $695,000$795,000 - $810,000
    Avg. Cost Per Sqft$877$821$738$758$670
    Avg. Wait for Unit Availability135 Days60 Days99 Days150 Days471 Days
    Ratio of Units in Building20%38%27%14%4%

    Transactions vs Inventory

    Total number of units listed and sold in Dempsey