Maintenance Fees
Papillon Place III Condos vs The Central Erin Mills Area
for sale
42 Days on Strata
- Est Sell Timeframe:
- 13 Days
909 - 4850 Glen Erin Dr
$647,000
Get price change & sold alerts
2 Beds
2 Bath
1 Parking
800 - 899 SQFT
Price History
- Maintenance Fees:
- $840/mth
- Taxes:
- $3,218 (2025)
- Property Type:
- Condo Apartment
- Cost Per Sqft:
- $720 - $809/sqft
- Outdoor Space:
- Balcony
- Ensuite Laundry:
- Yes
- Locker:
- Owned
- Possession Date:
- Mar 6
- Exposure:
- North West
Amenities
BBQs Allowed
Bike Storage
Concierge
Elevator
Games Room
Indoor Pool
About this Listing
4850 Glen Erin Drive Sits In The Heart Of Central Erin Mills In Mississauga. A Well Established, Family-Friendly Neighbourhood With Excellent Access To Schools, Shopping, Parks And Transit. The Area Is Served By Highly Regarded Public And Catholic Schools, Among Others Within Walking Or Short Driving Distance. Just Steps Away You'll Find Loblaws/Walmart For Groceries And Errands, Plus A Wide Variety Of Shops, Services And Restaurants Around Erin Mills And Erin Mills Town Centre. The Neighbourhood Also Offers Green Space And Trails, With Several Parks Nearby And Easy Access To Credit Valley Hospital And Major Highways (403/401/407). Transit Options, Local Community Centres And Recreation Facilities Round Out The Amenities, Giving Residents A Convenient Suburban Lifestyle With Everything Close At Hand. If You're Not An Outdoorsy Person This Building Offers A Well-Rounded Selection Of Amenities Designed For Comfort And Convenience. Residents Enjoy 24-Hour Concierge Service, Elevator Access, And Secure Bike Storage. For Recreation And Wellness, The Building Features A Fully Equipped Gym, Exercise Room, Indoor Pool, And A Game Room. There Is Also A Party/Meeting Room Perfect For Hosting Gatherings, And BBQs Are Allowed For Added Lifestyle Flexibility. These Amenities Provide A Great Balance Of Leisure, Fitness, And Everyday Practicality For Residents All Within the Papillon Place Condo!
ExtrasAppliances, 1 parking spot, 1 locker
re/max west realty inc.MLS® #W12826190
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Not Included
- Building Insurance
- Not Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
Room dimensions are not available for this listing.
Buyer's Market
Balanced
Seller'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!'
Mortgage Calculator
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 sold in Central Erin Mills
