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    Central Erin Mills, Mississauga
    5530 Glen Erin Drive Townhomes

    5530 Glen Erin Drive

    0for Sale
    2for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    93
    Condo Completion:
    1998
    Condo Demand:
    High
    Unit Size Range:
    999 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:
    Shiu Pong Management

    Listing History for 5530 Glen Erin Drive Townhomes

    Amenities

    Indoor Parking
    BBQ
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5530 Glen Erin Drive — 5530 Glen Erin Drive Townhomes

    5530 Glen Erin Drive Townhomes stands 1 storeys tall at 5530 Glen Erin Drive and contains 93 units. This Peel Region condo was completed in 1998 by a developer. Suite sizes range from 999 square feet to 2000 square feet.

    The Suites

    The average cost per-square-foot for a unit at 5530 Glen Erin Drive is $553, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at 5530 Glen Erin Drive Townhomes spend 16 days on the market on average and usually sell for -1.99% below the listing price. In the last 12 months, 8 units have rented, and 5 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Pizzaville, Subway and Bento Sushi are all within 4 minutes walking distance from 5530 Glen Erin Drive. Central Erin Mills has plenty to offer coffee enthusiasts, with great cafes like McDonald's and Starbucks.

    Grocery shopping is never a chore with stores such as Longo's Glen Erin, SUNNYVALE SUPERMARKET and Nations Fresh Foods in the area.

    Residents here can stop by Scotiabank on their way home from work, so they can take care of their financial needs.

    There are plenty of parks nearby to keep your family busy, including Sugar Maple Woods Trail, Sugar Maple Woods and Sugar Maple Woods Park, which are less than 8 minutes away by foot.

    Like to shop? Everything you need is close by when you live at 5530 Glen Erin Drive, including Erin Mills Town Centre, Erin Mills Latin Dance Club and Lunch which are only 4 away.

    There are also several unique attractions nearby to keep yourself entertained, such as Arta Muro — all just a quick 15-minute walk away.

    If you're open to commuting, a quick transit ride offers even more options, including John Fraser Secondary School, St. Aloysius Gonzaga Secondary School and UCMAS Abacus/iMaths/OBotz-Robotics.

    Transportation

    Transit users will need to trek a bit to Winston Churchill Blvd At Erin Centre Blvd, the nearest light transit stop.

    Curious about similar condos in the area? Check out 5662 Glen Erin Drive, 5535 Glen Erin Drive and 2665 Thomas Street — all within walking distance.

    0

    Listings For Sale

    Interested in receiving new listings for sale?

    2

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    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 5530 Glen Erin Drive Townhomes

    Days on Strata

    Units at 5530 Glen Erin Drive Townhomes spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    2.6
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    28th
    Highest price per SQFT out of 44 condos in the Central Erin Mills area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    5530 Glen Erin Drive Townhomes offers the
    ?
    best value out of 44 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    5530 Glen Erin Drive Townhomes has the
    ?
    highest ROI out of 44 condos in the Central Erin Mills neighbourhood

    Rental Yield

    5530 Glen Erin Drive Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Central Erin Mills neighbourhood

    High Demand

    5530 Glen Erin Drive Townhomes is the
    ?
    most popular building out of 44 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 5530 Glen Erin Drive

    3 Bed3 Bed + Den
    Price Range$850,000 - $950,000$955,000
    Avg. Cost Per Sqft$545$499
    Avg. Wait for Unit Availability43 Days1074 Days
    Ratio of Units in Building93%8%

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