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503 - 4879 Kimbermount Avenue
For SalePapillon Place CondosEst Sell Timeframe 6 Days
$639,000
2 Beds
2 Bath
1 Parking
900 SQFT
22 Days on Strata
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
Guest Suites
Concierge
Gym Room
Indoor Parking
Indoor Pool
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
Building Trends At Papillon Place Condos
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
LOWchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
4.8
YEARS before being sold againProperty 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 Bed | 1 Bed + Den | 2 Bed | 3 Bed | |
|---|---|---|---|---|
| Price Range | $470,000 - $535,000 | No Data | $590,000 - $641,000 | No Data |
| Avg. Cost Per Sqft | $905 | No Data | $741 | No Data |
| Price Range | $2,400 - $2,500 | $2,550 - $2,650 | $2,800 - $3,000 | No Data |
| Avg. Wait for Unit Availability | 81 Days | 129 Days | 61 Days | No Data |
| Avg. Wait for Unit Availability | 89 Days | 185 Days | 52 Days | No Data |
| Ratio of Units in Building | 31% | 20% | 50% | 1% |
Maintenance Fees
Papillon Place Condos vs The Central Erin Mills Area
