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    Erin Mills Terrace Condos

    4640 Kimbermount Avenue

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    8
    Number of Units:
    64
    Condo Completion:
    2002
    Condo Demand:
    Medium
    Unit Size Range:
    575 - 1,499 SQFT
    Unit Availability:
    Low

    Listing History for Erin Mills Terrace Condos

    Amenities

    Visitor Parking
    Rec Room
    Concierge
    Indoor Pool
    Gym Room
    Media Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 4640 Kimbermount AvenueErin Mills Terrace Condos

    Anyone who’s seeking a Peel Region condo for sale should definitely consider Erin Mills Terrace Condos at 4640 Kimbermount Avenue. The Daniels Corporation completed this building back in 2002, but unlike other buildings of that age, maintenance fees are actually quite high at $1.05 per-square-foot. The building is 8 storeys tall and is home to 64 suites. Units start at 575 square feet on the low end, and can go up to 1499 square feet.

    Maintenance fees at 4640 Kimbermount Avenue are $1.05 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

    The Suites

    We’ve aggregated a number of stats at 4640 Kimbermount Avenue. Here are some highlights: In the past 12 months, 7 units have sold, and 0 has been rented. Meanwhile, property values here have increased by 1.35%.

    Units at Erin Mills Terrace Condos have a medium likelihood of receiving more than one offer, and on average they sell for -2.92% below the listed price. Suites here have an average cost per-square-foot of $599 based on sales over the past 12 months, and the median time a unit spends on the market is 21 days.

    The Neighbourhood

    Living here means you’re just a 6-minute walk from Swiss Chalet, Nations Kitchen and THE KAKORI - INDIAN MUGHLAI CUISINE, making it easy to dazzle your taste buds without much effort. Central Erin Mills has plenty to offer coffee enthusiasts, with great cafes like McDonald's, Studio.89 and Doris' Bistro-Cafe.

    Grocery shopping can feel like a chore — but not when Nations Fresh Foods are just an easy 5-minute walk away.

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

    Residents at this condo are also just a short drive away from green spaces such as John C. Pallett Park, Crawford Green and Crawford Walk.

    Enhance your personal style while living in the Central Erin Mills neighbourhood by visiting Erin Mills Town Centre, Erin Mills Latin Dance Club and Lunch.

    When the weekend rolls around, Arta Muro are within a short 3-minute drive away.

    There are plenty of nearby school choices — St. Sebastian Catholic Elementary School and St. Rose of Lima Separate 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 St. Aloysius Gonzaga Secondary School, Steam Works Studio Canada and UCMAS Abacus/iMaths/OBotz-Robotics.

    Transportation

    Transit users will need to trek a bit to Eglinton Ave At Winston Churchill Blvd, the nearest light transit stop.

    If you’re interested in checking out other similar condos within walking distance, you might like 5005-5035 Harvard Road, 5030-5070 Harvard Road and 4950-4970 Winston Churchill Boulevard.

    2

    Listings For Sale

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    0

    Listings For Rent

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    Nearby Amenities

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    4/10
    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
    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%

    Days on Strata

    Units at Erin Mills Terrace Condos spend an average of
    21
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 44 condos in the Central Erin Mills area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Erin Mills Terrace Condos offers the
    ?
    best value out of 44 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Erin Mills Terrace Condos has the
    ?
    highest ROI out of 44 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Erin Mills Terrace Condos yields the
    ?
    highest rent prices out of 44 condos in the Central Erin Mills neighbourhood

    High Demand

    Erin Mills Terrace Condos is the
    ?
    most popular building out of 44 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 4640 Kimbermount Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$400,000 - $480,000No Data$473,000 - $625,000No Data
    Avg. Cost Per Sqft$642No Data$634No Data
    Avg. Wait for Unit Availability221 Days273 Days76 Days1306 Days
    Ratio of Units in Building21%21%54%5%

    Maintenance Fees

    Erin Mills Terrace Condos vs The Central Erin Mills Area

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