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    3533-3577 Derry Road E

    3533 Derry Condos
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    10for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    9
    Number of Units:
    351
    Condo Completion:
    1973
    Condo Demand:
    Medium
    Unit Size Range:
    549 - 1,299 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 3533 Derry Condos

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    Amenities

    Tennis Court
    Outdoor Pool
    Rec Room
    Bike Storage
    Security System
    Gym Room

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 3533-3577 Derry Road E3533 Derry Condos

    3533 Derry Condos was completed in 1973 by a developer. While some buyers associate high maintenance fees with older buildings, maintenance fees at 3533-3577 Derry Road E are only $0.63 per-square-foot. These Malton condos for sale offer floor plans that are more spacious than most modern condos; there are 351 suites in this 9-storey residence, and units range from 549 square feet to 1299 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 74. Maintenance fees are $0.63 per-square-foot, which is higher than the neighbourhood average of $0.57 per-square-foot.

    The Suites

    On average, units at 3533-3577 Derry Road E sell -3.24% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $500 and units sell with 33 days on market on average. Over the past 12 months, 4 have sold and 9 have have been rented here.

    The Neighbourhood

    Living here means you’re just a 4-minute walk from China Palace, The Kebob and New Cane Grove Family Restaurant, making it easy to dazzle your taste buds without much effort. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 16 minutes to get to McDonald's, Tim Hortons and Coffee Cave.

    Grocery shopping is never a chore with stores such as Westwood Super Market in the area.

    Residents here can stop by BMO Bank of Montreal and CIBC Branch with ATM on their way home from work, so they can take care of their financial needs.

    3533-3577 Derry Road E is just a short 2-minute drive to several green spaces like Malton Greenway, Ridgewood Park and Elmcreek Park.

    Like to shop? Everything you need is close by when you live at 3533-3577 Derry Road E, including Rexdale commercial centre which are only 4 away.

    When the weekend rolls around, The Sikh Heritage Museum of Canada are within a short 4-minute drive away.

    There are plenty of nearby school choices — Humberwood Downs Junior Middle Academy — 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 Lincoln M. Alexander Secondary School, Globalmathinstitute Inc and Study One.

    Transportation

    Transit users will need to trek a bit to Darcel Ave At Netherbrae Rd, the nearest light transit stop. Kipling isn’t within a close walking distance, but you can drive there in about 32 minutes.

    Anyone who isn’t sold on this development but loves the area, might want to check out 7115 Rexwood Road, 3435 Jolliffe Avenue and 3455 Morning Star Drive, which are similar condos in the area.

    10

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    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

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

    Population
    22,464
    Average Individual Income
    $62,820
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $117,236
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    27%
    $60,000+
    15%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    50%
    Semi Detached
    26%
    High Rise Apartment
    9%
    Low Rise Apartment
    7%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    15%
    Mandarin
    3%
    Tagalog
    2%
    Cantonese
    2%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%

    Maintenance Fees

    3533 Derry Condos vs The Malton Area

    Days on Strata

    Units at 3533 Derry Condos spend an average of
    33
    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
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Malton

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 25 condos in the Malton area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    3533 Derry Condos offers the
    ?
    best value out of 25 condos in the Malton neighbourhood

    Appreciation Rank

    3533 Derry Condos has the
    ?
    highest ROI out of 25 condos in the Malton neighbourhood

    Rental Yield

    3533 Derry Condos yields the
    ?
    highest rent prices out of 25 condos in the Malton neighbourhood

    High Demand

    3533 Derry Condos is the
    ?
    most popular building out of 25 condos in the Malton neighbourhood

    Transaction Insights at 3533-3577 Derry Road E

    2 Bed2 Bed + Den3 Bed
    Price Range$445,000 - $515,000No Data$600,000
    Avg. Cost Per Sqft$500No Data$565
    Avg. Wait for Unit Availability19 Days184 Days40 Days
    Ratio of Units in Building65%5%32%

    Unit Sales vs Inventory

    Total number of units listed and sold in Malton