Maintenance Fees
Papillon Place III Condos vs The Central Erin Mills Area
803 - 4850 Glen Erin Dr
$618,0002 bds2 ba1 pk816 sqft
For SalePapillon Place III Condos
5 Days on Strata
$618,000
2 Beds
2 Bath
1 Parking
816 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$765/mth
Taxes:
$3,209 (2024)
Cost Per Sqft:
$757/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North East
Possession Date:
45-90 TBA
Amenities
Sauna
Indoor Parking
Car Wash
Rooftop Deck
Gym
Security System
Visitor Parking
Indoor Pool
Games Room
Party Room
Concierge
About this Listing
Well-Priced 2-Bed, 2-Bath Bright Corner Unit! Spacious & Thoughtfully Designed This Well-Laid-Out Corner Suite Boasts Laminate Flooring Throughout. Spacious Primary Bedroom With 4piece Ensuite And Walk In Closet. Combined Living And Dinning Area. The Galley Kitchen Features A Cozy Breakfast Area And Opens Onto A North-East Facing Balcony, Perfect For Enjoying Morning Sunlight And Fresh Air. Enjoy The Convenience Of 24-Hour Security And Concierge Service, Ensuring Peace Of Mind. Indulge In Top-Tier Amenities, Including An Indoor Swimming Pool, Fully Equipped Gym, Exercise Room, And Yoga Studio. Host Gatherings In Two Stylish Party Rooms, Unwind With A Game Of Billiards, Or Take In The Views From The Rooftop Terrace. Exceptional Location Close To Top-Rated Schools, Including Credit Valley Public School And John Fraser High School. Enjoy A Short Walk To Erin Mills Town Centre, Loblaws, And An Array Of Convenient Shopping Options. Just Minutes From Highway 403, Credit Valley Hospital, And Major Retailers. A Prime Opportunity In A Sought-After Neighborhood!
ExtrasFridge, Stove, B/I Dishwasher, Washer, Dryer & All Window Coverings.
royal lepage realty centreMLS® #W12085857
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate
10.01 x 21ft
Dining
Laminate
10.01 x 21ft
Kitchen
Ceramic Floor, Walkout To Balcony
8.2 x 9.09ft
Bedroomeakfast
Ceramic Floor
6.5 x 9.84ft
Primary
Laminate, 4 Piece Ensuite, Walk-in Closet
10.96 x 11.68ft
2nd Bedroom
Laminate
7.94 x 10.96ft
Buyer's Market
Balanced
Seller's Market
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7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
6/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Mortgage Calculator
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
7,389
Average Individual Income
$57,605
Average Household Size
3 persons
Average Age
38
Average Household Income
$114,469
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
44%
Semi Detached
44%
Low Rise Apartment
6%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
75%
Other
9%
Punjabi
8%
Tagalog
2%
Spanish
2%
Urdu
2%
Hindi
1%
Gujarati
1%
Education
High School
32%
University and Above
23%
College
19%
None
17%
Apprenticeship
4%
University Below Batchelor
1%
Major Field of Study
Business Management
28%
Architecture & Engineering
22%
Social Sciences
11%
Health & Related Fields
9%
Humanities
5%
Math & Computer Sciences
5%
Personal, Protective & Transportation Services
4%
Physical Sciences
4%
Education
3%
Visual & Performing Arts
3%
Building Trends At Papillon Place III Condos
Days on Strata
Units at Papillon Place III Condos spend an average of
36
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Central Erin Mills
Turnover of Units
On average, each unit is owned for
5.8
YEARS before being sold againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 46 condos in the Central Erin Mills area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
20
Units were Rented over the past twelve months
Best Value Rank
Papillon Place III Condos offers the best value out of 46 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Papillon Place III Condos has the highest ROI out of 46 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Papillon Place III Condos yields the highest rent prices out of 46 condos in the Central Erin Mills neighbourhood
?
High Demand
Papillon Place III Condos is the most popular building out of 46 condos in the Central Erin Mills neighbourhood
?
Market Insights
Transaction Insights at Papillon Place III Condos
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | $527,000 | $538,000 - $575,000 | $600,000 - $750,000 |
| Avg. Cost Per Sqft | $865 | $909 | $785 |
| Price Range | $2,200 - $2,400 | $2,350 - $2,650 | $2,600 - $3,350 |
| Avg. Wait for Unit Availability | 79 Days | 134 Days | 66 Days |
| Avg. Wait for Unit Availability | 57 Days | 126 Days | 39 Days |
| Ratio of Units in Building | 29% | 18% | 54% |
Market Inventory
Total number of units listed and sold in Central Erin Mills
