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    Vaughan / Thornhill - Vaughan

    702 - 1 Cordoba Dr

    For SaleAlvear Palace Condos
    $1,750,000
    4 Beds
    4 Bath
    2 Parking
    3,000 SQFT
    9 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,069/mth
    Taxes:
    $7,795 (2024)
    Cost Per Sqft:
    $583/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    To Be Arranged
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    *RENDERED IMAGES FOR COMPLETED FINAL UNIT**Unit currently stripped down to concreate floors ready for renovations. Welcome to the largest penthouse suite in Alvear Palace. This corner suite boasts approximately 3000 square feet and is flooded with natural light throughout. This is a rarely available 4 bedroom 4 bathroom unit with soaring 10 ft ceilings and an expansive open-concept living space. Features 2 balconies and a massive primary bedroom with a large ensuite and walk-in closet. With a large eat-in kitchen and a dedicated dining room adjacent to the large living room, this penthouse is ideal for entertaining guests. 2 parking spots and a locker are included.

    ExtrasThis suite has been fully stripped down and is ready to be turned into your dream home. Beautiful renderings have been created, should you desire some inspiration.

    sutton group-admiral realty inc.MLS® #N10425358

    Amenities

    Party Room
    Security System
    Visitor Parking
    Gym Room
    Bike Storage
    Rec Room

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    Unknown
    Transit
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

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

    Population
    48,278
    Average Individual Income
    $77,889
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $134,042
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    20%
    50 - 64
    23%
    65+
    16%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    15%
    High Rise Apartment
    7%
    Duplex
    6%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    79%
    Other
    9%
    Mandarin
    5%
    Cantonese
    5%
    Russian
    1%
    Tamil
    1%
    Education
    University and Above
    30%
    High School
    28%
    College
    19%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Alvear Palace Condos vs The Thornhill - Vaughan Area

    Building Trends At Alvear Palace Condos

    Days on Strata

    Units at Alvear Palace Condos spend an average of
    3
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Thornhill - Vaughan

    Turnover of Units

    On average, each unit is owned for
    6.4
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 45 condos in the Thornhill - Vaughan area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Alvear Palace Condos offers the
    ?
    best value out of 45 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    Alvear Palace Condos has the
    ?
    highest ROI out of 45 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

    Alvear Palace Condos yields the
    ?
    highest rent prices out of 45 condos in the Thornhill - Vaughan neighbourhood

    High Demand

    Alvear Palace Condos is the
    ?
    most popular building out of 45 condos in the Thornhill - Vaughan neighbourhood

    Transaction Insights at 1 Cordoba Drive

    1 Bed2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$1,050,000No DataNo Data
    Avg. Cost Per SqftNo Data$730No DataNo Data
    Avg. Wait for Unit Availability591 Days363 DaysNo DataNo Data
    Ratio of Units in Building21%64%3%15%

    Transactions vs Inventory

    Total number of units listed and sold in Thornhill - Vaughan