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    The Marina Villas Townhomes

    55-75 Shipway Avenue

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    3
    Number of Units:
    126
    Condo Completion:
    2007
    Condo Demand:
    Medium
    Unit Size Range:
    549 - 1,203 SQFT
    Unit Availability:
    Low
    Property Management:
    No Data

    Listing History for The Marina Villas Townhomes

    Amenities

    Media Room
    Indoor Parking
    Games Room
    Visitor Parking
    BBQ
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 55-75 Shipway AvenueThe Marina Villas Townhomes

    The Marina Villas Townhomes is a Durham Region condo located at 55-75 Shipway Avenue in the Newcastle neighbourhood. The condo was completed in 2007 and features 126 units over 3 storeys. Durham Region condo for sale here range from 549 square feet, up to 1203 square feet.

    Maintenance fees are $0.58 per-square-foot, which is lower than the neighbourhood average of $0.67 per-square-foot.

    The Suites

    On average, units at 55-75 Shipway Avenue sell -1.27% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $707 and units sell with 23 days on market on average. Over the past 12 months, 2 have sold and 1 has have been rented here.

    The Neighbourhood

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Waterfront Trail, Gazebo at Lakebreeze Drive & Port of Newcastle Drive and Bondhead Parkette are less than 10 minutes walking distance from 55-75 Shipway Avenue.

    Transportation

    Taking public transit? The nearest light transit stop is King Ave. E. @ Beaver St. N..

    Curious about similar condos in the area? Check out 65-80 Shipway Avenue, 305-365 Lakebreeze Drive and 50 Lakebreeze Drive — all within walking distance.

    2

    Listings For Sale

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    0

    Listings For Rent

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    Nearby Amenities

    Unknown
    Walkability
    Unknown
    Transit
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Demographics

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

    Population
    3,534
    Average Individual Income
    $77,318
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $116,961
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    58%
    Low Rise Apartment
    19%
    Semi Detached
    14%
    High Rise Apartment
    3%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    5%
    Cantonese
    3%
    Urdu
    1%
    Mandarin
    1%
    Punjabi
    1%
    Education
    High School
    30%
    College
    23%
    University and Above
    22%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    21%
    Architecture & Engineering
    15%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Education
    9%
    Visual & Performing Arts
    7%
    Personal, Protective & Transportation Services
    6%
    Math & Computer Sciences
    6%
    Humanities
    4%
    Physical Sciences
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Days on Strata

    Units at The Marina Villas Townhomes spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 7 condos in the Newcastle 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

    The Marina Villas Townhomes offers the
    ?
    best value out of 7 condos in the Newcastle neighbourhood

    Appreciation Rank

    The Marina Villas Townhomes has the
    ?
    highest ROI out of 7 condos in the Newcastle neighbourhood

    Rental Yield

    The Marina Villas Townhomes yields the
    ?
    highest rent prices out of 7 condos in the Newcastle neighbourhood

    High Demand

    The Marina Villas Townhomes is the
    ?
    most popular building out of 7 condos in the Newcastle neighbourhood

    Transaction Insights at 55-75 Shipway Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$518,000 - $620,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$726No DataNo Data
    Avg. Wait for Unit Availability399 Days287 Days79 DaysNo DataNo Data
    Ratio of Units in Building17%13%66%3%5%

    Maintenance Fees

    The Marina Villas Townhomes vs The Newcastle Area

    Similar condos