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    Perla Towers

    35 Watergarden Drive & 65 Watergarden Drive

    11for Sale
    7for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    34
    Number of Units:
    468
    Condo Completion:
    2021
    Condo Demand:
    Medium
    Unit Size Range:
    516 - 2,160 SQFT
    Unit Availability:
    High
    Property Management:

    Listing History for Perla Towers

    Amenities

    Games Room
    Visitor Parking
    Concierge
    Indoor Pool
    BBQ
    Media Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 35 Watergarden DrivePerla Towers

    If you’re looking for a Peel Region condo for sale, then Perla Towers is a great choice. Standing 34 storeys tall at 35 Watergarden Drive, 65 Watergarden Drive, this development provides residents with an excellent starting point to explore the Hurontario neighbourhood. The property was completed in 2021 by Pinnacle International, and is comprised of 468 units, ranging in size from 516 to 2160 square feet.

    Maintenance fees are $0.66 per-square-foot, which is lower than the neighbourhood average of $0.68 per-square-foot.

    The Suites

    On average, units at 35 Watergarden Drive, 65 Watergarden Drive sell 2.67% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $866 (based on past 12 months of sales). Units typically sell with 22 days on market on average. Over the past 12 months, 20 have sold and 82 have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as BB Lounge Restaurant (Hurontario & Eglinton), The Burger's Priest and Ghost Chicken are all within 6 minutes walking distance from 35 Watergarden Drive, 65 Watergarden Drive. Hurontario has plenty to offer coffee enthusiasts, with great cafes like Tim Hortons and McDonald's.

    There are a number of grocery stores within a short drive, including Rabba Fine Foods.

    Planning for your future is easy with BMO Bank of Montreal and Scotiabank in the area.

    35 Watergarden Drive, 65 Watergarden Drive is just a short 3-minute drive to several green spaces like Hawthorne Valley Park and Barondale Green Park.

    Enhance your personal style while living in the Hurontario neighbourhood by visiting Mississauga Marketplace, Ceremonial Plaza and Sandalwood Square.

    Cineplex Cinemas Mississauga is just a short drive away for movie nights.

    There are plenty of nearby school choices — St. Hilary Elementary School, St. Matthew Elementary School and San Lorenzo Ruiz Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Logimix, Bristol Road Middle School and St. Francis Xavier Secondary School.

    Transportation

    Transit users will need to trek a bit to Eglinton Ave At Kennedy Rd, the nearest light transit stop. Kipling isn’t within a close walking distance, but you can drive there in about 29 minutes.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5025 Four Springs Avenue, 5020-5060 Four Springs Avenue and 55 Eglinton Avenue W.

    11

    Listings For Sale

    Interested in receiving new listings for sale?

    7

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    5/10
    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!'

    Demographics

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

    Population
    8,654
    Average Individual Income
    $58,099
    Average Household Size
    3 persons
    Average Age
    37
    Average Household Income
    $109,005
    Dominant Housing Type
    Semi Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Semi Detached
    41%
    Detached
    32%
    Low Rise Apartment
    20%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    9%
    Punjabi
    7%
    Urdu
    3%
    Tagalog
    2%
    Spanish
    2%
    Hindi
    2%
    Gujarati
    1%
    Education
    High School
    31%
    University and Above
    25%
    College
    19%
    None
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    17%
    Health & Related Fields
    14%
    Social Sciences
    10%
    Math & Computer Sciences
    8%
    Personal, Protective & Transportation Services
    5%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    1%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Perla Towers 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

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 49 condos in the Hurontario area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    83
    Units were Rented over the past twelve months

    Best Value Rank

    Perla Towers offers the
    ?
    N/A
    best value out of 49 condos in the Hurontario neighbourhood

    Appreciation Rank

    Perla Towers has the
    ?
    N/A
    highest ROI out of 49 condos in the Hurontario neighbourhood

    Rental Yield

    Perla Towers yields the
    ?
    N/A
    highest rent prices out of 49 condos in the Hurontario neighbourhood

    High Demand

    Perla Towers is the
    ?
    N/A
    most popular building out of 49 condos in the Hurontario neighbourhood

    Transaction Insights at 35 Watergarden Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$530,000 - $588,000$582,500 - $612,500No Data$770,000 - $840,000No DataNo Data
    Avg. Cost Per Sqft$932$796No Data$744No DataNo Data
    Avg. Wait for Unit Availability34 Days85 DaysNo Data31 Days370 DaysNo Data
    Ratio of Units in Building33%17%4%46%2%2%

    Maintenance Fees

    Perla Towers vs The Hurontario Area

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