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    6500 Montevideo Road

    1for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    161
    Condo Completion:
    1984
    Condo Demand:
    Medium
    Unit Size Range:
    796 - 1,400 SQFT
    Unit Availability:
    Low

    Listing History for The Parkview Condos

    Receive listing updates for Meadowvale West

    Amenities

    Gym Room
    Sauna
    Squash Court
    Party Room
    Rec Room
    BBQs Allowed

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 6500 Montevideo RoadThe Parkview Condos

    The unassuming brown stucco exterior at 6500 Montevideo Road was built in 1984, before glass-clad skyscrapers became the norm. Camelion Investments Ltd. is the developer behind the Parkview Condos, a residential, mid-rise edifice that reaches to just 12 storeys and contains 161 homes.

    While countless residents have called 6500 Montevideo home over the years, today the building is home to a particularly young population — most residents are under the age of 50, and there are plenty of families living in the building. Catering to this active demographic is the lengthy list of amenities at the Parkview Condos: the building boasts a party room, games room, squash court, gym, sauna, and underground parking with visitor spots.

    The Suites

    Homes at 6500 Montevideo range considerably in size, with the smallest perfect for single professionals or couples, and the larger homes ideal for families. Suites start at around 800 and reach to approximately 1,400 square feet, and contain one bedroom, two bedrooms, three bedrooms, or three bedrooms plus a den. Condo seekers can choose between homes with one or two bathrooms, and many contain separate living and dining rooms

    The Neighbourhood

    Mississauga may be Canada’s 6th largest city, and yet the Meadowvale West neighbourhood is about as peaceful as it gets. Just behind 6500 Montevideo, for example, is Lake Aquitaine Park, an enormous green space with (as the name suggests) a lake in its centre. The park also contains a community centre and a library, and it’s directly connected to Maplewood Park and Hunter’s Green to the north.

    Between Meadowvale Town Centre and Battleford Centre, residents have plenty of options for shopping and eating out. The former commercial centre is home to a Metro, a Canadian Tire, and a Shoppers Drug Mart, while the latter contains a No Frills and a handful of restaurants.

    Transportation

    With the 401, the 403, the 407, and the QEW so close at hand, drivers living at the Parkview Condos have no trouble getting around. As for residents without cars of their own, there’s a bus stop conveniently located outside the building, on Montevideo Road. The 48 Erin Mills Road MiWay bus makes a stop here before making its way along Erin Mills Parkway, and residents can even use this bus to reach the Meadowvale Town Centre in just 7 minutes.

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    Explore Meadowvale West

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    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
    16,764
    Average Individual Income
    $66,161
    Average Household Size
    2 persons
    Average Age
    42
    Average Household Income
    $112,187
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    27%
    $60,000+
    17%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    31%
    High Rise Apartment
    18%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    90%
    Spanish
    2%
    Mandarin
    2%
    Cantonese
    2%
    Portuguese
    1%
    Tagalog
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    University and Above
    31%
    High School
    29%
    College
    17%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Math & Computer Sciences
    6%
    Education
    5%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Humanities
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    The Parkview Condos vs The Meadowvale West Area

    Days on Strata

    Units at The Parkview Condos spend an average of
    34
    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 Meadowvale West

    Turnover of Units

    On average, each unit is owned for
    13.7
    YEARS before being sold again

    Property Value

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

    Price Ranking

    25th
    Highest price per SQFT out of 44 condos in the Meadowvale West area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    The Parkview Condos offers the
    ?
    best value out of 44 condos in the Meadowvale West neighbourhood

    Appreciation Rank

    The Parkview Condos has the
    ?
    highest ROI out of 44 condos in the Meadowvale West neighbourhood

    Rental Yield

    The Parkview Condos yields the
    ?
    highest rent prices out of 44 condos in the Meadowvale West neighbourhood

    High Demand

    The Parkview Condos is the
    ?
    most popular building out of 44 condos in the Meadowvale West neighbourhood

    Transaction Insights at 6500 Montevideo Road

    1 Bed2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$500,000 - $562,500$625,000 - $640,000No Data
    Avg. Cost Per SqftNo Data$527$533No Data
    Avg. Wait for Unit Availability191 Days68 Days140 DaysNo Data
    Ratio of Units in Building15%55%31%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Meadowvale West