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    607 - 1900 The Collegeway

    For SaleThe Palace Condos
    $1,129,000
    2 Beds
    3 Bath
    2 Parking
    1,695 SQFT
    7 Days on Strata
    Est Sell Timeframe
    3 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $666/sqft
    Maintenance Fees:
    $1,218/mth
    Taxes:
    $3,103 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    Breakfast Bar, Granite Counter, Pantry
    10.99 x 10.99ft
    Dining
    Combined with Living, Hardwood Floor
    11.16 x 19.16ft
    Living
    Gas Fireplace, Hardwood Floor, Walkout To Balcony
    17.09 x 18.41ft

    About this Listing

    Welcome to The Palace. One of Mississauga's highest end condominiums, where luxury & convenience meet. Located just minutes from shopping, fine dining, major highways, UTM & hospitals but surrounded by green space, walking trails & the Credit River. Truly the best of both worlds. This unit located on the 6th floor has unparalleled views of the treetops from the large balcony. The spacious interior features 9' ceilings, throughout with a separate kitchen with granite countertops & breakfast bar, large living area with gas fireplace and adjoining dining room, bright & airy primary with walk-in closet & 5 piece ensuite, second bedroom with balcony access & 4 piece ensuite, powder room for guests, separate laundry room & plenty of storage

    ExtrasAmenities include 24 hr concierge, security, on site car wash, indoor pool, fitness area, sauna, billiard room, library, guest suites, indoor visitor parking, gas hook up on balconies for BBQ, & indoor/outdoor party space to entertain

    royal lepage real estate services phinney real estateMLS® #W8266836


    Amenities

    Visitor Parking
    Concierge
    Indoor Pool
    BBQ
    Sauna
    Party Room

    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%

    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
    5%
    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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