1050 Stainton Drive & 1055 Forestwood Drive
Building Details
Listing History for Stainton Drive Condos
Amenities
Maintenance Fees
About 1050 Stainton Drive — Stainton Drive Condos
Anyone who’s seeking a Mississauga condo for sale should definitely consider Stainton Drive Condos at 1055 Forestwood Drive, 1050 Stainton Drive. a developer completed this building back in 1972, but unlike other buildings of that age, maintenance fees are actually quite reasonable at $0.67 per-square-foot. The building is 4 storeys tall and is home to 100 suites. Units start at 880 square feet on the low end, and can go up to 1499 square feet.
This condo has a Walk Score of 72 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.67 per-square-foot, which is lower than the neighbourhood average of $0.72 per-square-foot.
The Suites
On average, units at 1055 Forestwood Drive, 1050 Stainton Drive sell -0.81% below the list price, and units have a medium 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 $451 and units sell with 18 days on market on average. Over the past 12 months, 13 have sold and 2 have have been rented here.
The Neighbourhood
Living here means you’re just a 5-minute walk from Berto's Restaurant, THE BURGER BROS (DUNDAS) and Song's Kitchen, making it easy to dazzle your taste buds without much effort. Erindale has plenty to offer coffee enthusiasts, with great cafes like French Corner Patisserie and McDonald's.
Grocery pick-ups are made easy thanks to FreshCo within a 7-minute walk.
Residents here can stop by BMO Bank of Montreal on their way home from work, so they can take care of their financial needs.
Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Woodlands Meadows Park, Woodlands Meadow's Park and Glen Erin Woodlands Park are less than 15 minutes walking distance from 1055 Forestwood Drive, 1050 Stainton Drive.
Like to shop? Everything you need is close by when you live at 1055 Forestwood Drive, 1050 Stainton Drive, including Westdale Mall, Value Mobile and Westdale Lottery which are only 6 away.
Art and culture seekers can enjoy amazing attractions nearby like Lilly Of The Valley 2000 Art Gallery, less than 8 minutes walking distance from here.
Stainton Drive Condos is a short drive away from St. Gerard Elementary School, St. Jerome Separate School and Meadow Green Academy, giving you plenty of choice for your child’s education. Families with older children will be happy to know that The Woodlands School - Secondary, St Martin Secondary School and Canadian Higher Learning Academy can be reached by car in under 3 minutes.
Transportation
Residents have transit options in the Erindale neighbourhood; A light transit stop at Erindale Station Rd South Of Forestwood Dr can carry you to your destination in no time at all. Those who live in the area can easily drive to Kipling, just 35 minutes from the building.
If you’re interested in checking out other similar condos within walking distance, you might like 1128 Dundas Street W, 3020 Cedarglen Gate and 1001 Cedarglen Gate.
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Price Increase: $100,000 (Nov 21)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Stainton Drive Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 1050 Stainton Drive
1 Bed + Den | 2 Bed | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|
Price Range | No Data | $438,000 - $460,000 | $460,000 - $565,000 | $530,000 |
Avg. Cost Per Sqft | No Data | $389 | $444 | $399 |
Price Range | No Data | No Data | $3,000 | No Data |
Avg. Wait for Unit Availability | No Data | 306 Days | 38 Days | 180 Days |
Avg. Wait for Unit Availability | No Data | No Data | 326 Days | 603 Days |
Ratio of Units in Building | 1% | 11% | 74% | 15% |
Unit Sales vs Inventory
Total number of units listed and sold in Erindale