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    The Palace Condos

    1900 The Collegeway

    3for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    24
    Number of Units:
    370
    Condo Completion:
    2002
    Condo Demand:
    Medium
    Unit Size Range:
    1,099 - 4,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for The Palace Condos

    Amenities

    Indoor Pool
    Concierge
    Visitor Parking
    Sauna
    Car Wash
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1900 The CollegewayThe Palace Condos

    The Palace Condos was completed in 2002 by Camrost-Felcorp. While some buyers associate high maintenance fees with older buildings, maintenance fees at 1900 The Collegeway are only $0.67 per-square-foot. These Erin Mills condos for sale offer floor plans that are more spacious than most modern condos; there are 370 suites in this 24-storey residence, and units range from 1099 square feet to 4000 square feet.

    Maintenance fees are $0.67 per-square-foot, which is higher than the neighbourhood average of $0.64 per-square-foot.

    The Suites

    On average, units at 1900 The Collegeway sell -4.09% 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 $589 and units sell with 31 days on market on average. Over the past 12 months, 7 have sold and 2 have have been rented here.

    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 Popular Pizza, Pizzaville and barBURRITO. Erin Mills has plenty to offer coffee enthusiasts, with great cafes like Starbucks, Latin Hut and McDonald's.

    Grocery shopping is never a chore with stores such as Kaf African Carribbean Market Inc., Palma Pasta and Terra Foodmart in the area.

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

    Having Sawmill valley trail, Windy Hollow and Sawmill creek trail within 13 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 1900 The Collegeway, including Millway Shopping Centre, Sherwood Forrest Village and South Common Centre which are only 3 away.

    The Palace Condos is a short drive away from St. Gerard Elementary 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 Active Education Learning Centre, Erin Mills Middle School and Thinnox STEAM School.

    Transportation

    Transit users will need to trek a bit to South Common Centre Bus Terminal, the nearest light transit stop. Kipling is about a 42-minute drive from the building.

    Curious about similar condos in the area? Check out 1800 The Collegeway, 1905 Broad Hollow Gate and 1700 The Collegeway — all within walking distance.

    3

    Listings For Sale

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    0

    Listings For Rent

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    Nearby Amenities

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    6/10
    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
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Days on Strata

    Units at The Palace Condos spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    10.3
    YEARS before being sold again

    Property Value

    10%
    Increase in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 45 condos in the Erin Mills area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Palace Condos offers the
    ?
    best value out of 45 condos in the Erin Mills neighbourhood

    Appreciation Rank

    The Palace Condos has the
    ?
    highest ROI out of 45 condos in the Erin Mills neighbourhood

    Rental Yield

    The Palace Condos yields the
    ?
    highest rent prices out of 45 condos in the Erin Mills neighbourhood

    High Demand

    The Palace Condos is the
    ?
    most popular building out of 45 condos in the Erin Mills neighbourhood

    Transaction Insights at 1900 The Collegeway

    1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$1,040,000 - $1,215,000$1,300,000 - $1,500,000No DataNo Data
    Avg. Cost Per SqftNo Data$637$652No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data152 Days135 DaysNo DataNo Data
    Ratio of Units in Building2%27%67%3%5%

    Maintenance Fees

    The Palace Condos vs The Erin Mills Area

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