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    301 - 7405 Goreway Drive

    For SaleMalton Mansions Condos
    $579,900
    3 Beds
    2 Bath
    1 Parking
    900 - 999 SQFT
    8 Days on Strata
    Est Sell Timeframe
    6 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $580 - $644/sqft
    Maintenance Fees:
    $511/mth
    Taxes:
    $1,283 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    16.08 x 12.14ft
    Dining
    Combined with Living, Laminate
    8.2 x 7.55ft
    Kitchen
    Ceramic Floor, Granite Counter
    9.84 x 7.22ft

    About this Listing

    Absolute beautiful 3 bed & 2 Full bath unit filled with tons of natural light. Kitchen boasts plenty of storage, granite countertop, backsplash & B/F Bar. This freshly painted unit boasts balcony, ensuite laundry & Laminate flooring in the Living/Dining & bedrooms. Close to shopping, Schools, Public transit & Hwy 407/427. Building amenities include Exercise Room, Guest Suites, Party room, Recreation Room & Visitor Parking.

    re/max realty services inc.MLS® #W8337922


    Amenities

    Lap Pool
    Security System
    Car Wash
    Party Room
    Bike Storage
    Gym Room

    Nearby Amenities

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    22,464
    Average Individual Income
    $62,820
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $117,236
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    50%
    Semi Detached
    26%
    High Rise Apartment
    9%
    Low Rise Apartment
    7%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    15%
    Mandarin
    3%
    Tagalog
    2%
    Cantonese
    2%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%

    Days on Strata

    Units at Malton Mansions Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 24 condos in the Northeast | Malton area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Malton Mansions Condos offers the
    ?
    best value out of 24 condos in the Northeast | Malton neighbourhood

    Appreciation Rank

    Malton Mansions Condos has the
    ?
    highest ROI out of 24 condos in the Northeast | Malton neighbourhood

    Rental Yield

    Malton Mansions Condos yields the
    ?
    highest rent prices out of 24 condos in the Northeast | Malton neighbourhood

    High Demand

    Malton Mansions Condos is the
    ?
    most popular building out of 24 condos in the Northeast | Malton neighbourhood

    Transaction Insights at 7405 Goreway Drive

    1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$499,000 - $512,000$515,000 - $555,000No Data
    Avg. Cost Per SqftNo Data$675$619No Data
    Avg. Wait for Unit AvailabilityNo Data50 Days56 Days109 Days
    Ratio of Units in Building1%34%46%21%

    Maintenance Fees

    Malton Mansions Condos vs The Norast | Malton Area

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