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    1588 South Parade Townhomes

    1588 South Parade Court

    1for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    82
    Condo Completion:
    1998
    Condo Demand:
    High
    Unit Size Range:
    953 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 1588 South Parade Townhomes

    Amenities

    Indoor Parking
    Visitor Parking
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1588 South Parade Court1588 South Parade Townhomes

    Anyone who’s seeking a Peel Region condo for sale should consider 1588 South Parade Townhomes at 1588 South Parade Court. a developer completed this building back in 1998, but unlike other buildings of that age, maintenance fees are very low at $0.25 per-square-foot. The 2-storey building is home to 82 suites with units ranging between 953 and 2000 square feet.

    Maintenance fees at 1588 South Parade Court are only $0.25, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 1588 South Parade Court: 3 units have been sold in the past 12 months, and 2 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $563 and units tend to sell for -1.04% below the list price. Units at 1588 South Parade Court have a medium probability of receiving more than one offer. On average, a suite will spend 13 days on the market.

    The Neighbourhood

    Not everyone can claim the title of home chef, but those who live in this condo can leave the cooking to the professionals, and grab a bite at Kairoka, Karioka Fine Egyptian Cuisine & French Cafe and Bayview Garden Restaurant. East Credit has plenty to offer coffee enthusiasts, with great cafes like McDonald's, Coffee Culture Café & Eatery and Kashmiri Tea Spot.

    Grocery shopping is never a chore with stores such as Mona Fine Foods in the area.

    Residents here can stop by Scotiabank and RBC Royal Bank on their way home from work, so they can take care of their financial needs.

    Getting some fresh air is a breeze when you live at 1588 South Parade Court because excellent green spaces like Rosebush Common, Credit point out door rink and Credit Pointe Village are walkable in under 8 minutes.

    Like to shop? Everything you need is close by when you live at 1588 South Parade Court, including Roseborough Centre and River Run Shopping Centre which are only 4 away.

    1588 South Parade Townhomes is a short drive away from St. Rose of Lima Separate School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Speed Math and Toronto International Academy- Mississauga Private High School.

    Transportation

    Transit users will need to trek a bit to Queen St At Old Station Rd, the nearest light transit stop. Those who live in the area can easily drive to Kipling, just 39 minutes from the building.

    Have your heart set on this area but there’s nothing on the market? You’ll be pleased to know that 1525 South Parade Court, 4950 Rathkeale Road and 1292 Sherwood Mills Boulevard are all comparable condos in the area.

    1

    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    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
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

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

    Population
    14,579
    Average Individual Income
    $59,343
    Average Household Size
    2 persons
    Average Age
    38
    Average Household Income
    $109,878
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    31%
    Low Rise Apartment
    16%
    High Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    78%
    Punjabi
    7%
    Other
    7%
    Urdu
    3%
    Spanish
    2%
    Tagalog
    1%
    Hindi
    1%
    Gujarati
    1%
    Education
    High School
    31%
    University and Above
    24%
    College
    20%
    None
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%

    Price Trends

    Days on Strata

    Units at 1588 South Parade Townhomes spend an average of
    13
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    9%
    Increase in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 23 condos in the East Credit area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    1588 South Parade Townhomes offers the
    ?
    best value out of 23 condos in the East Credit neighbourhood

    Appreciation Rank

    1588 South Parade Townhomes has the
    ?
    highest ROI out of 23 condos in the East Credit neighbourhood

    Rental Yield

    1588 South Parade Townhomes yields the
    ?
    highest rent prices out of 23 condos in the East Credit neighbourhood

    High Demand

    1588 South Parade Townhomes is the
    ?
    most popular building out of 23 condos in the East Credit neighbourhood

    Transaction Insights at 1588 South Parade Court

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$830,000 - $921,000No Data
    Avg. Cost Per SqftNo DataNo Data$565No Data
    Avg. Wait for Unit AvailabilityNo DataNo Data77 Days266 Days
    Ratio of Units in Building5%3%80%14%

    Maintenance Fees

    1588 South Parade Townhomes vs The East Credit Area

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