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    Summit City Centre Townhomes
    by Summit Construction Company

    17-86 Preston Meadow Avenue & 65-89 Armdale Rd

    2for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    100
    Condo Completion:
    2018
    Condo Demand:
    High
    Unit Size Range:
    1099 - 1573 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    BBQ
    Bike Storage
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 17-86 Preston Meadow AvenueSummit City Centre Townhomes

    Located at 17-86 Preston Meadow Avenue, Summit City Centre Townhomes is a 2-storey condo containing 100 units. These Peel Region condos for sale were completed in 2018 with units starting at 1099 square feet, ranging up to 1573 square feet. What makes a Hurontario condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 71.

    The Suites

    Here are some stats that would interest renters or buyers at 17-86 Preston Meadow Avenue: 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 $593 and units tend to sell for -2.97% below the list price. Units at 17-86 Preston Meadow Avenue have a low probability of receiving more than one offer. On average, a suite will spend 21 days on the market.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from BB Lounge Restaurant (Hurontario & Eglinton), DAWN MARIE'S KITCHEN and The Burger's Priest, making it easy to dazzle your taste buds without much effort. In the mornings, become a regular at Tim Hortons, a quick 3-minute walk from Summit City Centre Townhomes.

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

    There are a number of banks within a short drive, including BMO Bank of Montreal and Scotiabank for all your investment needs.

    Residents at this condo are also just a short drive away from green spaces such as Hawthorne Valley Park and Barondale Green Park.

    Enhance your personal style while living in the Hurontario neighbourhood by visiting Mississauga Marketplace, Sandalwood Square and Ceremonial Plaza.

    Untitled Spaces at Square One is just a short drive away for movie nights.

    There are plenty of nearby school choices — St. Hilary Elementary School, St. Matthew Elementary School and San Lorenzo Ruiz Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Logimix, Bristol Road Middle School and St. Francis Xavier Secondary School can be reached by car in under 2 minutes.

    Transportation

    Taking public transit? The nearest light transit stop is Eglinton Ave At Kennedy Rd. Kipling is about a 28-minute drive from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 8 Nahani Way, 35 Watergarden Drive and 190 Forum Dr.

    Listing History for Summit City Centre Townhomes

    2

    Listings For Sale

    Interested in receiving new listings for sale?

    1

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    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.

    Demographics

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

    Population
    8,654
    Average Individual Income
    $56,602
    Average Household Size
    0 persons
    Average Age
    12
    Average Household Income
    $106,196
    Dominant Housing Type
    Semi Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Semi Detached
    41%
    Detached
    32%
    Low Rise Apartment
    20%
    Duplex
    4%
    Marital Status
    Commute
    Languages
    Tagalog
    2%
    Spanish
    1%
    Hindi
    1%
    Urdu
    2%
    English
    56%
    Gujarati
    1%
    Indigenous Language
    23%
    Other
    14%
    Education
    High School
    31%
    Apprenticeship
    4%
    University and Above
    25%
    College
    19%
    University Below Batchelor
    2%
    None
    16%
    Major Field of Study
    Personal, Protective & Transportation Services
    5%
    Health & Related Fields
    14%
    Architecture & Engineering
    17%
    Humanities
    4%
    Physical Sciences
    4%
    Math & Computer Sciences
    8%
    Social Sciences
    10%
    Education
    5%
    Visual & Performing Arts
    1%
    Agriculture & Natural Resources
    1%
    Business Management
    26%

    Price Trend

    Average price of units sold in Hurontario

    Building Trends At Summit City Centre Townhomes

    Days on Strata

    Units at Summit City Centre Townhomes spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    5.5
    YEARS before being sold again

    Property Value

    -22%
    Decrease in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 49 condos in the Hurontario area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Condo

    2 Bed1100 - 1335 SQFT
    Average Cost Per Sqft$599
    Sales Price Range$650,000 - $866,000
    Rental Price Range$2,800 - $3,000

    How Often Are Units Listed?

    2 Bed1099 - 1335 SQFT
    Average Sales Availability
    Every125Days
    Average Rental Availability
    Every73Days
    Ratio of Unit Type in Building100%

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