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    10 Cherrytree Drive

    10 Cherrytree Drive Townhouses
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    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    65
    Condo Completion:
    1997
    Condo Demand:
    High
    Unit Size Range:
    1,199 - 1,699 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 10 Cherrytree Drive Townhouses

    Receive listing updates for Fletcher's Creek South

    Amenities

    BBQ
    Indoor Parking
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 10 Cherrytree Drive10 Cherrytree Drive Townhouses

    As the dream of home ownership becomes more exclusive, residences like 10 Cherrytree Dr become more important. 10 Cherrytree Drive Townhomes consists of 65 townhomes in the Fletcher's Creek South neighbourhood: the project provided a needed increase in density for the area without infringing on the residential neighbourhood feel.

    These townhouses are a great compromise for buyers who cannot afford a single family home but desire to offer their children a lifestyle akin to a suburban house. Because this is a townhouse development, amenities are modest — and include communal BBQ areas, parking, and visitor parking.

    The Suites

    10 Cherrytree Dr was completed in 1987. The exteriors of these homes are reminiscent of suburban homes in the neighbourhood, featuring brick façades and small front yards. Townhouses here have spacious floor plans, from 1199 square feet to 1699 square feet. All homes have small backyards, and private patios.

    Families will likely appreciate the multi-floor layouts in these townhomes, as they offer 3 floors of living space. Units can have 2 bedroom, 2 bedroom plus den, 3 bedroom, and 3 bedroom plus den layouts.

    One potential drawback for these townhomes is that not all units have been renovated; there are units here that have dated kitchens and bathrooms, or carpet in the bedrooms. Kitchens tend to be closed off from the living space and could feature dated appliances.

    Of course, there’s a silver lining here; between the large suite sizes, multi-floor layouts and enhanced privacy, you could hardly go wrong with investing some time and money into these homes. Price per square foot has risen steadily here over the years, and condo fees are quite low.

    The Neighbourhood

    Fletcher’s South Creek is a suburban neighbourhood in Brampton. 10 Cherrytree Dr is tucked away from busy thoroughfares, but residents are only minutes form Hurontario Drive and all of the businesses residing there.

    Residents have locally owned restaurants like En Sushi and Church’s Chicken, and chains like McDonald's, Booster Juice, and Subway. Nightlife in the area is underwhelming but residents can grab a drink at New Barbertowne Pub or Moxie's Grill & Bar; unfortunately, a taxi or designated driver will be needed.

    A reasonable shopping experience can be found at Shoppers World Brampton on Hurontario Drive; the mall has a number of clothing stores, big box retailers, and specialized boutiques. For movie nights, there’s Cineplex Cinemas Courtney Park — only a 7 minute drive from the townhomes.

    Walking trails wind through Meadowlark Park, shadowing the creek. Sports programs are available at CAA Centre - Sports and Entertainment Complex, and there are great schools scattered throughout the surrounding area.

    Transportation

    Suburban neighbourhoods don’t get more pedestrian friendly than this. Residents of 10 Cherrytree Drive Townhomes can run all daily errands on foot; Longo's Brampton, Dollarama, and Scotiabank are all within a 5 minute walk. There are also salons and cleaners in the neighbourhood.

    The Cherrytree Dr bus stop is situated just outside of the townhome complex, enabling quick travel throughout the area. However, a lack of nearby train stations might deter some buyers.

    Commuting by car is the fastest option. Drivers can head south on Hurontario for the 401, and the on-ramp is only 6 minutes away.

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    Explore Neighbourhood

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

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

    Population
    5,871
    Average Individual Income
    $58,430
    Average Household Size
    3 persons
    Average Age
    39
    Average Household Income
    $113,019
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    18%
    20 - 34
    25%
    35 - 49
    21%
    50 - 64
    20%
    65+
    14%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    30%
    $60,000+
    17%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    49%
    Semi Detached
    21%
    Low Rise Apartment
    17%
    Duplex
    11%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    78%
    Punjabi
    9%
    Other
    6%
    Urdu
    2%
    Spanish
    2%
    Portuguese
    1%
    Tagalog
    1%
    Hindi
    1%
    Education
    High School
    28%
    University and Above
    23%
    College
    23%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Physical Sciences
    4%
    Education
    4%
    Humanities
    2%
    Visual & Performing Arts
    2%

    Days on Strata

    Units at 10 Cherrytree Drive Townhouses spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Fletcher's Creek South

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 14 condos in the Fletcher's Creek South area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    10 Cherrytree Drive Townhouses offers the
    ?
    best value out of 14 condos in the Fletcher's Creek South neighbourhood

    Appreciation Rank

    10 Cherrytree Drive Townhouses has the
    ?
    highest ROI out of 14 condos in the Fletcher's Creek South neighbourhood

    Rental Yield

    10 Cherrytree Drive Townhouses yields the
    ?
    highest rent prices out of 14 condos in the Fletcher's Creek South neighbourhood

    High Demand

    10 Cherrytree Drive Townhouses is the
    ?
    most popular building out of 14 condos in the Fletcher's Creek South neighbourhood

    Transaction Insights at 10 Cherrytree Drive

    3 Bed3 Bed + Den
    Price RangeNo Data$850,000 - $880,000
    Avg. Cost Per SqftNo Data$601
    Avg. Wait for Unit Availability120 Days320 Days
    Ratio of Units in Building68%33%

    Unit Sales vs Inventory

    Total number of units listed and sold in Fletcher's Creek South