Maintenance Fees
Parkway Place II Condos vs The Central Erin Mills Area
for sale
109 Days on Strata
- Est Sell Timeframe:
- 13 Days
508 - 2565 Erin Centre Blvd
$495,000
↓ Cut $5,000 · Dec 22
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1 Bed
1 Bath
2 Parking
500 - 599 SQFT
Price History
- Maintenance Fees:
- $686/mth
- Taxes:
- $2,409 (2025)
- Property Type:
- Condo Apartment
- Cost Per Sqft:
- $826 - $990/sqft
- Outdoor Space:
- Balcony
- Ensuite Laundry:
- Yes
- Locker:
- Exclusive
- Possession Date:
- TBD
- Exposure:
- North
Amenities
BBQs Allowed
Concierge
Visitor Parking
Indoor Pool
Sauna
Tennis Court
Indoor Parking
Gym
Party Room
About this Listing
Beautiful 1 Br 1 Bath unit with a large private balcony overlooking a tranquil ravine/forest. This special and spacious unit features smooth ceilings (no popcorn!) modern light fixtures, floor to ceiling windows in the living area, upgraded baseboards, and LVP flooring in the living and bedroom areas. The stunning kitchen boasts newer stainless-steel appliances, subway-tiled backsplash; quartz counters; double undermount sink; and breakfast bar. The 4-pc bathroom has a huge tub and updated cabinet/counters. This unit comes with 2 OWNED underground parking spots. If one is all you need, rent or sell the second one. And, your own exclusive locker 'room', is conveniently located just behind your parking spots. Like to BBQ? There's a gas hookup on the balcony. And Gas, Water and Hydro are all included in your maintenance fees.This well run complex offers high-end amenities, such as 24 Hr Gatehouse Security, Indoor Pool, Gym, Hot Tub/Sauna, Tennis Court, Party Room, Library and more. The location is super convenient, just steps to restaurants and fantastic shopping, including Erin Mills Town Centre. Transit is at your door. The Credit Valley Hospital and fantastic schools, including U of T Miss are minutes away. Many parks and trails can be found in the neighbourhood, with a dog park around the corner. Hwy 403 and 407 are 5 mins away. Nothing to do, just move in! Check out the 360 virtual tour for more details.
ExtrasStove; Built in Hood Fan; Refrigerator; Dishwasher; Washer & Dryer; All Electric Light Fixtures
right at home realtyMLS® #W12647080
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
- Kitchen
- 7.19 x 8.89ft
- Ceramic Back Splash, Double Sink, Quartz Counter
- Living
- 16.86 x 17.65ft
- O/Looks Ravine, Walkout To Balcony
- Bedroom
- 10.17 x 13.35ft
- Double Closet, O/Looks Ravine
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Central Erin Mills
Map
6/10
Walkability
Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
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
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
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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%
Building Trends At Parkway Place II Condos
Days on Strata
Units at Parkway Place II Condos spend an average of
46
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
LOWchance of receiving
Multiple Offers
compared to other buildings in Central Erin Mills
Turnover of Units
On average, each unit is owned for
4.7
YEARS before being sold againProperty Value
-37%
Decrease in property value within the past twelve months
Price Ranking
18th
Highest price per SQFT out of 48 condos in the Central Erin Mills area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
9
Units were Rented over the past twelve months
Best Value Rank
Parkway Place II Condos offers the best value out of 48 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Parkway Place II Condos has the highest ROI out of 48 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Parkway Place II Condos yields the highest rent prices out of 48 condos in the Central Erin Mills neighbourhood
?
High Demand
Parkway Place II Condos is the most popular building out of 48 condos in the Central Erin Mills neighbourhood
?
Market Insights
Transaction Insights at Parkway Place II Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 3 Bed | |
|---|---|---|---|---|
| Price Range | No Data | No Data | $515,000 - $565,000 | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $632 | No Data |
| Price Range | $2,050 - $2,350 | No Data | $2,650 | No Data |
| Avg. Wait for Unit Availability | 77 Days | 362 Days | 111 Days | No Data |
| Avg. Wait for Unit Availability | 81 Days | 2126 Days | 140 Days | No Data |
| Ratio of Units in Building | 44% | 5% | 48% | 1% |
Market Inventory
Total number of units listed and sold in Central Erin Mills
