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    Thomas Grove I Townhomes

    2550 Thomas Street

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    49
    Condo Completion:
    1993
    Condo Demand:
    High
    Unit Size Range:
    1,131 - 2,250 SQFT
    Unit Availability:
    Low

    Listing History for Thomas Grove I Townhomes

    Amenities

    Indoor Parking
    Visitor Parking
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2550 Thomas StreetThomas Grove I Townhomes

    Anyone who’s seeking a Peel Region condo for sale should consider Thomas Grove I Townhomes at 2550 Thomas Street. a developer completed this building back in 1993, but unlike other buildings of that age, maintenance fees are very low at $0.24 per-square-foot. The 1-storey building is home to 49 suites with units ranging between 1131 and 2250 square feet.

    Maintenance fees at 2550 Thomas Street are only $0.24, 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 2550 Thomas Street: 6 units have been sold in the past 12 months, and 3 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $612 and units tend to sell for 12.73% above the list price. Units at 2550 Thomas Street have a high probability of receiving more than one offer. On average, a suite will spend 4 days on the market.

    The Neighbourhood

    Living here means you’re just a 16-minute walk from Pizzaville, Subway and Bento Sushi, making it easy to dazzle your taste buds without much effort. In the mornings, become a regular at McDonald's, a quick 5-minute walk from Thomas Grove I Townhomes.

    Grocery shopping is never a chore with stores such as Longo's Glen Erin, SUNNYVALE SUPERMARKET and Mona Fine Foods in the area.

    Planning for your future is easy with Scotiabank in the area.

    Having Middlebury Green Park, Castlebridge Common and Castlebridge Common Park within 9 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Those who love to shop will appreciate all the options nearby with Erin Mills Latin Dance Club, Lunch and Erin Mills Town Centre just 4 minutes from here.

    When the weekend rolls around, Arta Muro and Culture Rising Streetsville are within a short 4-minute drive away.

    Thomas Grove I Townhomes is a short drive away from Saint Joseph Catholic Elementary School and Kendellhurst Academy Private 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 Streetsville Secondary School, John Fraser Secondary School and St. Aloysius Gonzaga Secondary School.

    Transportation

    Transit users will need to trek a bit to Streetsville GO Station Parking Lot, the nearest light transit stop.

    Curious about similar condos in the area? Check out 2665 Thomas Street, 5260 McFarren Boulevard and 5535 Glen Erin Drive — all within walking distance.

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    Nearby Amenities

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    3/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Demographics

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

    Population
    7,389
    Average Individual Income
    $57,605
    Average Household Size
    3 persons
    Average Age
    38
    Average Household Income
    $114,469
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    44%
    Low Rise Apartment
    6%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    75%
    Other
    9%
    Punjabi
    8%
    Tagalog
    2%
    Spanish
    2%
    Urdu
    2%
    Hindi
    1%
    Gujarati
    1%
    Education
    High School
    32%
    University and Above
    23%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    22%
    Social Sciences
    11%
    Health & Related Fields
    9%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Days on Strata

    Units at Thomas Grove I Townhomes spend an average of
    4
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    13%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    23rd
    Highest price per SQFT out of 44 condos in the Central Erin Mills area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Thomas Grove I Townhomes offers the
    ?
    best value out of 44 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Thomas Grove I Townhomes has the
    ?
    highest ROI out of 44 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Thomas Grove I Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Central Erin Mills neighbourhood

    High Demand

    Thomas Grove I Townhomes is the
    ?
    most popular building out of 44 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 2550 Thomas Street

    3 Bed3 Bed + Den
    Price Range$788,000 - $929,998$951,000 - $1,050,000
    Avg. Cost Per Sqft$569$553
    Avg. Wait for Unit Availability129 Days250 Days
    Ratio of Units in Building67%34%

    Maintenance Fees

    Thomas Grove I Townhomes vs The Central Erin Mills Area

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