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    518 - 1000 Cedarglen Gate

    For Sale1000 Cedarglen Condos
    $499,900
    2 Beds
    1 Bath
    1 Parking
    1,000 - 1,199 SQFT
    15 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,002/mth
    Taxes:
    $2,499 (2024)
    Cost Per Sqft:
    $417 - $500/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Balcony
    Exposure:
    North South
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Wall Unit
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Living
    Combined with Dining, Open Concept
    14.6 x 12.83ft
    Dining
    Combined with Living
    7.78 x 12.83ft
    Kitchen
    Ceramic Floor, Stainless Steel Appliances, Centre Island
    19.39 x 7.84ft

    About this Listing

    Welcome to this delightful condo situated in a peaceful, family-friendly neighborhood. This spacious open-concept unit features a modern kitchen with newer appliances including a refrigerator, dishwasher, stove, and range hood along with a convenient center island perfect for casual dining. The living and dining area features a spacious, open layout that overlooks the kitchen, enhancing the flow of the home. The layout offers 2 spacious bedrooms with thoughtfully designed open-concept closets featuring organizers, providing ample storage throughout the unit. Enjoy the convenience of an in-suite washer and dryer, as well as a newly installed electrical panel for added peace of mind. Step outside to your private balcony with open views, ideal for relaxing or hosting barbecues on warm days. A dedicated home office makes remote work a breeze. Lower level features plenty of storage. Location is key! This condo boasts a high walkability score, with Huron Park and a community center just a short stroll away. You'll find schools, parks, shopping, and transit options all nearby. Plus, Erindale GO Station and Highways 403 and 401 are just minutes away, making it perfect for commuters! With its blend of comfort and convenience, this unit is an excellent opportunity for first-time homebuyers. Don't miss your chance to make it your new home!

    modern solution realty inc.MLS® #W9418902


    Amenities

    Gym Room
    Party Room
    BBQs Allowed
    Rec Room
    Visitor Parking
    Indoor Parking

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    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
    8,182
    Average Individual Income
    $58,679
    Average Household Size
    3 persons
    Average Age
    39
    Average Household Income
    $117,812
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    30%
    $60,000+
    17%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    57%
    Semi Detached
    29%
    Duplex
    7%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    78%
    Other
    8%
    Punjabi
    7%
    Tagalog
    2%
    Spanish
    2%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    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
    23%
    Architecture & Engineering
    21%
    Social Sciences
    13%
    Health & Related Fields
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    1000 Cedarglen Condos vs The Erindale Area

    Days on Strata

    Units at 1000 Cedarglen Condos spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Erindale

    Turnover of Units

    On average, each unit is owned for
    3.7
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 26 condos in the Erindale area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    1000 Cedarglen Condos offers the
    ?
    best value out of 26 condos in the Erindale neighbourhood

    Appreciation Rank

    1000 Cedarglen Condos has the
    ?
    highest ROI out of 26 condos in the Erindale neighbourhood

    Rental Yield

    1000 Cedarglen Condos yields the
    ?
    highest rent prices out of 26 condos in the Erindale neighbourhood

    High Demand

    1000 Cedarglen Condos is the
    ?
    most popular building out of 26 condos in the Erindale neighbourhood

    Transaction Insights at 1000 Cedarglen Gate

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$500,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$551No DataNo DataNo Data
    Avg. Wait for Unit Availability219 Days479 Days47 Days2265 Days196 Days
    Ratio of Units in Building14%6%55%8%19%

    Transactions vs Inventory

    Total number of units listed and sold in Erindale