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    4900 Glen Erin Drive

    Miracle in Mississauga Condos
    3for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    196
    Condo Completion:
    2013
    Condo Demand:
    Medium
    Unit Size Range:
    581 - 950 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Miracle in Mississauga Condos

    Receive listing updates for Central Erin Mills

    Amenities

    BBQs Allowed
    Indoor Parking
    Rec Room
    Gym Room
    Visitor Parking
    Rooftop Deck

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    About 4900 Glen Erin DriveMiracle in Mississauga Condos

    While some might find the name given to 4900 Glen Erin Drive a bit hyperbolic, the Miracle in Mississauga Condos has no trouble winning over prospective residents. Built in 2013 by the Pemberton Group, the 18-storey tower is clad head-to-toe in tinted glass. Inside, the building is divided up into 196 homes, with additional space allotted to amenities. Condo seekers interested in the building can expect to find a concierge stationed in the lobby, as well as an indoor pool, a sauna, a party room, and visitor parking.

    The Suites

    With homes ranging from around 600 to approximately 950 square feet, prospective residents in search of supersized homes will have to look elsewhere. Suites contain one bedroom, one bedroom plus a den, or two bedrooms, making the building best suited for single professionals and couples.

    The homes at 4900 Glen Erin are perfect for entertaining, with open concept kitchens allowing chefs to simultaneously put the final touches on their creations while chatting away with their guests. Kitchens also boast stainless steel appliances for a sleek and modern look. Private outdoor space is also guaranteed at 4900 Glen Erin, as every home comes equipped with a balcony or a terrace.

    The Neighbourhood

    Situated in the southwest corner of Mississauga, the Central Erin Mills neighbourhood is closer to Oakville than it is to Toronto. By living in Mississauga’s periphery residents have access to wider, less congested roads, big-box stores, and plenty of green spaces. Just outside the building, for example, is John C. Pallett Park, which boasts a soccer field and a baseball diamond.

    In terms of the commercial offerings in the area, residents living at 4900 Glen Erin can simply cross the street in order to stock up on sporting gear at National Sports, grab materials for a DIY project from RONA, or pick up a new book at Indigo. Next to these stores sits the Erin Mills Town Centre, a great spot for anyone in need of a wardrobe update. And when grocery shopping is in order, residents of the Miracle in Mississauga Condos can choose between Nations Fresh Foods and Loblaws, both of which are a short walk away.

    Transportation

    With MiWay buses running through the neighbourhood, even residents without cars of their own can easily traverse Mississauga. The 109 Meadowvale Express is especially useful, as it carries passengers to Mississauga’s downtown core in less than 30 minutes. As for drivers living in the building, the 403, the 401, and the 407 are all within close reach.

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    3

    Listings For Sale

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    0

    Listings For Rent

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    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    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!'

    Similar condos

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    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%

    Maintenance Fees

    Miracle in Mississauga Condos vs The Central Erin Mills Area

    Days on Strata

    Units at Miracle in Mississauga Condos spend an average of
    24
    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 Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    Miracle in Mississauga Condos offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Miracle in Mississauga Condos has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Miracle in Mississauga Condos yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    Miracle in Mississauga Condos is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 4900 Glen Erin Drive

    1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$540,000No Data
    Avg. Cost Per SqftNo Data$813No Data
    Avg. Wait for Unit Availability73 Days117 Days53 Days
    Ratio of Units in Building28%18%56%

    Unit Sales vs Inventory

    Total number of units listed and sold in Central Erin Mills