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    5535 Glen Erin Drive Townhomes

    5535 Glen Erin Drive

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    57
    Condo Completion:
    2000
    Condo Demand:
    High
    Unit Size Range:
    1,099 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:
    No Data

    Listing History for 5535 Glen Erin Drive Townhomes

    Amenities

    Visitor Parking
    BBQ
    Indoor Parking
    Outdoor Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5535 Glen Erin Drive5535 Glen Erin Drive Townhomes

    Anyone who’s seeking a Peel Region condo for sale should definitely consider 5535 Glen Erin Drive Townhomes at 5535 Glen Erin Drive. a developer completed this building back in 2000, but unlike other buildings of that age, maintenance fees are actually very low at $0.27 per-square-foot. The building is 2 storeys tall and is home to 57 suites. Units start at 1099 square feet on the low end, and can go up to 2000 square feet.

    Maintenance fees at 5535 Glen Erin Drive are only $0.27, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    On average, units at 5535 Glen Erin Drive sell 3.90% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $689 and units sell with 14 days on market on average. Over the past 12 months, 3 have sold and 1 has have been rented here.

    The Neighbourhood

    Living here means you’re just a 7-minute walk from Pizzaville, Subway and Bento Sushi, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, McDonald's and Starbucks have you covered...

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

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

    Getting some fresh air is a breeze when you live at 5535 Glen Erin Drive because excellent green spaces like Sugar Maple Woods Trail, Sugar Maple Woods and Sugar Maple Woods Park are walkable in under 7 minutes.

    Like to shop? Everything you need is close by when you live at 5535 Glen Erin Drive, including Erin Mills Town Centre, Erin Mills Latin Dance Club and Lunch which are only 3 away.

    There are also several unique attractions nearby to keep yourself entertained, such as Arta Muro — all just a quick 13-minute walk away.

    Families with older children will be happy to know that John Fraser Secondary School, St. Aloysius Gonzaga Secondary School and UCMAS Abacus/iMaths/OBotz-Robotics can be reached by car in under 3 minutes.

    Transportation

    Transit users will need to trek a bit to Erin Mills Town Centre Bus Terminal Platform C, the nearest light transit stop.

    Curious about similar condos in the area? Check out 5480 Glen Erin Drive, 5530 Glen Erin Drive and 2665 Thomas Street — all within walking distance.

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    Nearby Amenities

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    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%

    Days on Strata

    Units at 5535 Glen Erin Drive Townhomes spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    above
    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
    3.5
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 44 condos in the Central Erin Mills area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    5535 Glen Erin Drive Townhomes offers the
    ?
    best value out of 44 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    5535 Glen Erin Drive Townhomes has the
    ?
    highest ROI out of 44 condos in the Central Erin Mills neighbourhood

    Rental Yield

    5535 Glen Erin Drive Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Central Erin Mills neighbourhood

    High Demand

    5535 Glen Erin Drive Townhomes is the
    ?
    most popular building out of 44 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 5535 Glen Erin Drive

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$798,000$882,500$910,000
    Avg. Cost Per SqftNo Data$402$692$615
    Avg. Wait for Unit Availability406 Days374 Days93 Days704 Days
    Ratio of Units in Building18%15%63%6%

    Maintenance Fees

    5535 Glen Erin Drive Townhomes vs The Central Erin Mills Area

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