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    Mississauga / Central Erin Mills

    802 - 2585 Erin Centre Blvd

    For SaleParkway Place Condos
    $609,000
    1 Bed
    2 Bath
    1 Parking
    900 SQFT
    40 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $926/mth
    Taxes:
    $2,634 (2023)
    Cost Per Sqft:
    $677/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    November 1, 2024
    Laundry:
    Upper
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    11.88 x 7.51ft
    Dining
    11.75 x 9.91ft
    Living
    16.5 x 10.83ft

    About this Listing

    This stunning 2-story loft-style Condo is sure to impress. Featuring a spacious layout with the kitchen, living area, and powder room on the main floor, and a cozy bedroom on the second floor, it offers the feel of townhouse living. Unlike your typical single-level condo, this unique design is not to be missed. Spanning approximately 900 sq ft, this corner suite boasts an open balcony with breathtaking panoramic views of lush greenery and parklands. The main level showcases beautiful hardwood floors, oversized floor-to-ceiling windows, and a spiral staircase leading up to the bedroom. Plus, it comes with two separate entrances for added convenience. Located in the heart of Mississauga, directly across from Erin Mills Town Centre, this is one of the most desirable locations, offering easy access to hospitals, shopping, schools, parks, cafes, restaurants, public transit, and highways. Condo Fees cover all Utilities.

    ExtrasBuilding amenities include 24hrs concierge/security, visitor parking, indoor pool, hot tub, tennis court, gym, billiards room, library, playground, bike storage, & more. Condo Fees include utilities.

    keller williams edge realtyMLS® #W9398198

    Amenities

    Visitor Parking
    Games Room
    Concierge
    Gym Room
    Sauna
    Party Room

    Explore Neighbourhood

    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!'

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    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

    Maintenance Fees

    Parkway Place Condos vs The Central Erin Mills Area

    Building Trends At Parkway Place Condos

    Days on Strata

    Units at Parkway Place Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -23%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Parkway Place Condos offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Parkway Place Condos has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Parkway Place Condos yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    Parkway Place Condos is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 2585 Erin Centre Boulevard

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$638,000$650,000$755,000
    Avg. Cost Per SqftNo Data$648$599$642
    Avg. Wait for Unit Availability205 Days1441 Days67 DaysNo Data
    Ratio of Units in Building26%5%70%2%

    Transactions vs Inventory

    Total number of units listed and sold in Central Erin Mills