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    2205 South Millway Townhomes

    2205 South Millway

    0for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    120
    Condo Completion:
    1987
    Condo Demand:
    High
    Unit Size Range:
    1,399 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 2205 South Millway Townhomes

    Amenities

    Indoor Parking
    BBQ
    Outdoor Pool
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2205 South Millway2205 South Millway Townhomes

    Anyone who’s seeking a Peel Region condo for sale should definitely consider 2205 South Millway Townhomes at 2205 South Millway. a developer completed this building back in 1987, but unlike other buildings of that age, maintenance fees are actually very low at $0.29 per-square-foot. The building is 2 storeys tall and is home to 120 suites. Units start at 1399 square feet on the low end, and can go up to 2000 square feet.

    This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 71. Maintenance fees at 2205 South Millway are only $0.29, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 2205 South Millway is $513, based on the past 12 months of sales, and units tend to sell within 13 days of being listed. 2 units have been rented in the previous 12 months, and 4 units have been sold. Suites often sell for 0.69% above the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Living here means you’re just a 11-minute walk from Pizzaville, Popular Pizza and barBURRITO, making it easy to dazzle your taste buds without much effort. Erin Mills has plenty to offer coffee enthusiasts, with great cafes like McDonald's, Starbucks and Latin Hut.

    There are a number of grocery stores within a short drive, including Palma Pasta, Kaf African Carribbean Market Inc. and Terra Foodmart.

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

    Whether you're looking to play, exercise or gather with friends — nearby parks like Windy Hollow, Millway Gate Park and South Millway Green Park are the perfect spot for all kinds of activities.

    Enhance your personal style while living in the Erin Mills neighbourhood by visiting Millway Shopping Centre, South Common Centre and Mississauga Erin Mills Smrtctr.

    When the weekend rolls around, Progressive Fine Art and Crescent Hill Gallery are within a short 5-minute drive away.

    Families with older children will be happy to know that Active Education Learning Centre, Erin Mills Middle School and Thinnox STEAM School can be reached by car in under 3 minutes.

    Transportation

    For transit users, the nearest light transit stop is South Common Centre Bus Terminal and is about a 15 minutes walk away. Kipling is about a 43-minute drive from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 3265 South Millway, 3380 South Millway and 2035 South Millway.

    0

    Listings For Sale

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    1

    Listings For Rent

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    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
    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 2205 South Millway Townhomes spend an average of
    13
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    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
    9.9
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 45 condos in the Erin Mills area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    2205 South Millway Townhomes offers the
    ?
    best value out of 45 condos in the Erin Mills neighbourhood

    Appreciation Rank

    2205 South Millway Townhomes has the
    ?
    highest ROI out of 45 condos in the Erin Mills neighbourhood

    Rental Yield

    2205 South Millway Townhomes yields the
    ?
    highest rent prices out of 45 condos in the Erin Mills neighbourhood

    High Demand

    2205 South Millway Townhomes is the
    ?
    most popular building out of 45 condos in the Erin Mills neighbourhood

    Transaction Insights at 2205 South Millway

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$850,000 - $900,000$810,000
    Avg. Cost Per SqftNo DataNo Data$523$470
    Avg. Wait for Unit Availability484 DaysNo Data110 Days548 Days
    Ratio of Units in Building14%4%68%16%

    Maintenance Fees

    2205 South Millway Townhomes vs The Erin Mills Area

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