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    5940 Glen Erin Drive

    5940 Glen Erin Drive Townhomes
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    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    49
    Condo Completion:
    1994
    Condo Demand:
    Low
    Unit Size Range:
    1,049 - 1,699 SQFT
    Unit Availability:
    Low

    Listing History for 5940 Glen Erin Drive Townhomes

    Receive listing updates for Central Erin Mills

    Amenities

    Indoor Parking
    Visitor Parking
    BBQs Allowed

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5940 Glen Erin Drive5940 Glen Erin Drive Townhomes

    Located at 5940 Glen Erin Drive, 5940 Glen Erin Drive Townhomes is a 2-storey condo containing 49 units. These Mississauga condos were developed by and completed in 1994. Units start at 1049 square feet and can be as large as 1699 square feet. What makes a Central Erin Mills condo for sale most appealing is all that the neighbourhood has to offer.

    The Suites

    The average cost per-square-foot for units at 5940 Glen Erin Drive is $702, based on the past 12 months of sales, and units tend to sell within 43 days of being listed. 1 unit has been rented in the previous 12 months, and 2 units have been sold. Suites often sell for -3.26% below the listing price and have a low chance of receiving multiple offers.

    The Neighbourhood

    Living here means you’re just a 6-minute walk from Pizza Nova, Tiba Shawarma Hut and Hiroi Sushi, making it easy to dazzle your taste buds without much effort. Get to know Central Erin Mills by exploring local cafes like McDonald's and Starbucks.

    There are a number of grocery stores within a short drive, including SUNNYVALE SUPERMARKET and Longo's Glen Erin.

    There are a number of banks within a short drive, including Scotiabank for all your investment needs.

    Having Bell Harbour Park, Peace Garden and Castle Bridge Outdoor rink within 14 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 5940 Glen Erin Drive, including Dowling Plaza and Battleford Centre which are only 4 away.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Arta Muro and Culture Rising Streetsville less than a 5-minute drive away will give you a lift.

    There are plenty of nearby school choices — St. Edith Stein Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Streetsville Secondary School, Peel Alternative School West and West Credit Secondary School can be reached by car in under 4 minutes.

    Transportation

    Transit users will need to trek a bit to Glen Erin Dr At North Windwood Dr, the nearest light transit stop.

    If you’re interested in checking out other similar condos within walking distance, you might like 5865 Dalebrook Crescent, 2755 Windwood Drive and 2665 Windwood Drive.

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    Explore Central Erin Mills

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    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
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    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 5940 Glen Erin Drive Townhomes spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    11.7
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    5940 Glen Erin Drive Townhomes offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    5940 Glen Erin Drive Townhomes has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    5940 Glen Erin Drive Townhomes yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    5940 Glen Erin Drive Townhomes is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 5940 Glen Erin Drive

    2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$859,500 - $900,000No Data
    Avg. Cost Per SqftNo Data$726No Data
    Avg. Wait for Unit AvailabilityNo Data143 Days961 Days
    Ratio of Units in Building6%83%13%

    Unit Sales vs Inventory

    Total number of units listed and sold in Central Erin Mills