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    503 - 4879 Kimbermount Avenue

    For SalePapillon Place Condos
    $639,000
    2 Beds
    2 Bath
    1 Parking
    900 SQFT
    18 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $710/sqft
    Maintenance Fees:
    $806/mth
    Taxes:
    $2,600 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    April 23, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor
    20.41 x 9.97ft
    Dining
    Combined with Living, Hardwood Floor
    20.41 x 9.97ft
    Kitchen
    Galley Kitchen, Ceramic Floor
    7.97 x 7.91ft

    About this Listing

    Beautiful 2Bed/2Bath Corner Condo Unit W/Fantastic Panoramic Views. Almost 900 sq. ft. Large Eat-in Kitchen (Main Valve Shut Off Recently Replaced). Master Bed Ensuite w/Walk-in Shower, 2nd Bath w/Soaker Tub. Hardwood Floors T/Out. Recreation Centre w/Party Room, Gym, Indoor Pool, Sauna, Rooftop Terrace W/Bbqs. Condo Fees Include All Utilities. Walking Distance To Erin Mills Town Centre, Bookstore, Groceries, Easy Highway Access, Credit Valley Hospital/Med. Offices Close By

    cityview realty inc.MLS® #W8198690


    Amenities

    Games Room
    Visitor Parking
    Rec Room
    BBQ
    Rooftop Deck
    Sauna

    Nearby Amenities

    6/10
    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%

    Price Trends

    Days on Strata

    Units at Papillon Place Condos spend an average of
    26
    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
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 44 condos in the Central Erin Mills area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    15
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 4879 Kimbermount Avenue

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$470,000 - $535,000No Data$590,000 - $641,000No Data
    Avg. Cost Per Sqft$905No Data$741No Data
    Avg. Wait for Unit Availability81 Days129 Days60 DaysNo Data
    Ratio of Units in Building31%20%50%1%

    Maintenance Fees

    Papillon Place Condos vs The Central Erin Mills Area

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