Maintenance Fees
Papillon Place III Condos vs The Central Erin Mills Area
for rent
38 Days on Strata
- Est Lease Timeframe:
- 28 Days
610 - 4850 Glen Erin Dr
$2,250/mth
↓ Cut $100 · Mar 3
Get price change & sold alerts
1 Bed + 1
1 Bath
1 Parking
652 SQFT
Price History
- Property Type:
- Condo Apartment
- Possession Date:
- TBD
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Balcony
- Ensuite Laundry:
- Yes
- Locker:
- None
- Exposure:
- North West
Amenities
Concierge
Visitor Parking
Rec Room
Indoor Pool
Games Room
Indoor Parking
Gym
Party Room
About this Listing
Found in Mississauga's Central Erin Mills area and built in 2009. Papillon Place III Condominium is a 19-storey building containing 207 units. The condominium amenities include Visitor Parking, Underground Resident Parking, Party Room, Concierge and Rooftop Deck. Additional amenities include a Meeting Room, Security Guard, Indoor Pool and Sauna. Suite 610 is a bright and spacious one bedroom plus den that offers a panoramic western sunset skyline. Papillon Place III is less than 1 KM from the Erin Mills Town Centre and has proximity to top rated Public and Catholic schools, The Trillium Credit Valley Hospital and easy access to Highway 403 and a Public Transit Hub.
ExtrasLaminate flooring in the Living, Dining, Primary Bedroom and Den. Ceramic flooring in the Kitchen, Entry, Bathroom and Laundry. Granite Countertop in the Kitchen. Stainless Steel Refrigerator, Stove & B/I Dishwasher, Washer & Dryer, Window Blinds in the Living Room, Light Fixtures.
royal lepage real estate services ltd.MLS® #W12840912
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
- Living
- 18.5 x 10.01ft
- Laminate, Walkout To Balcony, West View
- Dining
- 18.5 x 10.01ft
- Laminate, Combined with Living
- Primary
- 11.32 x 9.68ft
- Laminate, Double Closet, West View
- Kitchen
- 9.68 x 8.33ft
- Granite Counter, Ceramic Floor, Breakfast Bar
- Den
- 8.79 x 5.02ft
- Laminate, Open Concept
- Bathroom
- 8.01 x 5.02ft
- 4 Piece Bath, Ceramic Floor
- Laundry
- 3.9 x 3.18ft
- Ceramic Floor
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Central Erin Mills
Map
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
6/10
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!'
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 Papillon Place III Condos
Days on Strata
Units at Papillon Place III Condos spend an average of
48
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
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
5.9
YEARS before being sold againProperty Value
-18%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 48 condos in the Central Erin Mills area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
25
Units were Rented over the past twelve months
Best Value Rank
Papillon Place III Condos offers the best value out of 48 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Papillon Place III Condos has the highest ROI out of 48 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Papillon Place III Condos yields the highest rent prices out of 48 condos in the Central Erin Mills neighbourhood
?
High Demand
Papillon Place III Condos is the most popular building out of 48 condos in the Central Erin Mills neighbourhood
?
Market Insights
Transaction Insights at Papillon Place III Condos
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | No Data | $444,000 - $496,000 | $565,000 - $610,000 |
| Avg. Cost Per Sqft | No Data | $762 | $702 |
| Price Range | $2,050 - $2,300 | $2,275 - $2,400 | $2,600 - $3,200 |
| Avg. Wait for Unit Availability | 97 Days | 119 Days | 68 Days |
| Avg. Wait for Unit Availability | 56 Days | 125 Days | 39 Days |
| Ratio of Units in Building | 28% | 18% | 50% |
Market Inventory
Total number of units listed and leased in Central Erin Mills
