Maintenance Fees
Erin Mills Terrace Condos vs The Central Erin Mills Area
for sale
36 Days on Strata
- Est Sell Timeframe:
- 13 Days
103 - 4640 Kimbermount Ave
$375,000
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1 Bed
2 Bath
1 Parking
608 SQFT
Price History
- Maintenance Fees:
- $730/mth
- Taxes:
- $2,140 (2025)
- Property Type:
- Condo Apartment
- Cost Per Sqft:
- $617/sqft
- Outdoor Space:
- None
- Ensuite Laundry:
- Yes
- Locker:
- Owned
- Possession Date:
- Now
- Exposure:
- North West
- Total Days on Market:
- 153 days
Amenities
Indoor Pool
Party Room
Visitor Parking
Rec Room
Gym
About this Listing
Designed exclusively for residents aged 65 and over, this stunning ground-floor unit in the prestigious Amica Erin Mills adult lifestyle residence offers the perfect blend of luxury and security. This rarely offered, totally upgraded home features modern vinyl flooring, quartz countertops, stainless steel appliances, and 9-foot ceilings that create an airy, open-concept feel. For ultimate peace of mind, the primary bedroom includes a walk-in tub, while the building provides a full-time live-in superintendent and access to Amica's Health & Vitality services, offering optional tailored dining and wellness programs. Your all-inclusive monthly maintenance fee covers heat, water, cable TV, and high-speed internet, with underground parking and a locker also included. Located steps from Erin Mills Town Centre and Credit Valley Hospital, this well-managed community requires board approval for all residents. Please note that while the 65+ age restriction applies to residents, it does not apply to the purchaser or live-in caregivers.
Extras1 CAR PARKING, 1 LOCKER, NEW SS (fridge, oven, over-range microwave, dishwasher) B/A medicine cabinet with a lock, a seated shower, All windows cover, a stackable washer & dryer, NEW Vinyl Flooring, NEW Quartz Countertop. NEW Light Fictures
one percent realty ltd.MLS® #W12847268
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Heat Pump
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Rooms
- Foyer
- 8.17 x 3.97ft
- Vinyl Floor, 2 Piece Bath
- Kitchen
- 9.84 x 7.94ft
- Quartz Counter, Stainless Steel Appliances, Breakfast Bar
- Living
- 13.45 x 12.8ft
- Vinyl Floor, Windows Floor to Ceiling, Combined with Dining
- Dining
- 13.45 x 12.8ft
- Vinyl Floor, Cathedral Ceiling, Combined with Living
- Primary
- 12.47 x 9.94ft
- Vinyl Floor, 3 Piece Ensuite, with W Closet
- Bathroom
- 0 x 0ft
- 2 Piece Bath
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Central Erin Mills
Map
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!'
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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 Erin Mills Terrace Condos
Days on Strata
Units at Erin Mills Terrace Condos spend an average of
39
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
7%
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
4.9
YEARS before being sold againProperty Value
-24%
Decrease in property value within the past twelve months
Price Ranking
31st
Highest price per SQFT out of 48 condos in the Central Erin Mills area
Sold Units
2
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 48 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Erin Mills Terrace Condos has the highest ROI out of 48 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Erin Mills Terrace Condos yields the highest rent prices out of 48 condos in the Central Erin Mills neighbourhood
?
High Demand
Erin Mills Terrace Condos is the most popular building out of 48 condos in the Central Erin Mills neighbourhood
?
Market Insights
Transaction Insights at Erin Mills Terrace Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | No Data | $400,000 | No Data | $420,000 |
| Avg. Cost Per Sqft | No Data | $600 | No Data | $314 |
| Price Range | No Data | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 236 Days | 410 Days | 82 Days | 803 Days |
| Avg. Wait for Unit Availability | No Data | 714 Days | No Data | No Data |
| Ratio of Units in Building | 21% | 20% | 54% | 5% |
Market Inventory
Total number of units listed and sold in Central Erin Mills
