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    7475 Goreway Drive Townhomes

    7475 Goreway Drive

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    77
    Condo Completion:
    1974
    Condo Demand:
    Medium
    Unit Size Range:
    1,099 - 1,899 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 7475 Goreway Drive Townhomes

    Amenities

    Indoor Parking
    BBQ
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 7475 Goreway Drive7475 Goreway Drive Townhomes

    7475 Goreway Drive is a great choice for those seeking a Northeast - Malton condo for sale. This condo is 1 storey tall and is home to 77 units. The complex was completed in 1974, and features Peel Region condo that range in size from 1099 square feet to 1899 square feet.

    The Suites

    We’ve aggregated a number of stats at 7475 Goreway Drive. Here are some highlights: In the past 12 months, 2 units have sold, and 1 has been rented. Meanwhile, property values here have decreased by 25.96%.

    Units at 7475 Goreway Drive Townhomes have a low likelihood of receiving more than one offer, and on average they sell for -2.32% below the listed price. Suites here have an average cost per-square-foot of $444 based on sales over the past 12 months, and the median time a unit spends on the market is 22 days.

    The Neighbourhood

    Living here means you’re just a 13-minute walk from Popeyes Louisiana Kitchen, Naija Jollof Toronto and Dosa Twist, making it easy to dazzle your taste buds without much effort. Northeast | Malton has plenty to offer coffee enthusiasts, with great cafes like Bite Me Slowly!, Coffee Cave and McDonald's.

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

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Brandon Gate Park, Malton Community Garden and Elmcreek Park are less than 10 minutes walking distance from 7475 Goreway Drive.

    If you’re tired of the usual neighbourhood attractions, then perhaps having The Sikh Heritage Museum of Canada less than a 4-minute drive away will give you a lift.

    If you're open to commuting, a quick transit ride offers even more options, including Lincoln M. Alexander Secondary School, Globalmathinstitute Inc and UCMAS Abacus & Mental Math School.

    Transportation

    Taking public transit? The nearest light transit stop is Westwood Mall Terminal. Vaughan Metropolitan Centre is about a 35-minute drive from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 7500 Goreway Drive, 7405 Goreway Drive and 7560 Goreway Drive.

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    Listings For Rent

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    Nearby Amenities

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    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 7475 Goreway Drive Townhomes spend an average of
    22
    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 a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    12.6
    YEARS before being sold again

    Property Value

    -26%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 24 condos in the Northeast | Malton 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

    7475 Goreway Drive Townhomes offers the
    ?
    best value out of 24 condos in the Northeast | Malton neighbourhood

    Appreciation Rank

    7475 Goreway Drive Townhomes has the
    ?
    highest ROI out of 24 condos in the Northeast | Malton neighbourhood

    Rental Yield

    7475 Goreway Drive Townhomes yields the
    ?
    highest rent prices out of 24 condos in the Northeast | Malton neighbourhood

    High Demand

    7475 Goreway Drive Townhomes is the
    ?
    most popular building out of 24 condos in the Northeast | Malton neighbourhood

    Transaction Insights at 7475 Goreway Drive

    1 Bed3 Bed3 Bed + Den
    Price RangeNo Data$690,000$600,000
    Avg. Cost Per SqftNo Data$496$413
    Avg. Wait for Unit AvailabilityNo Data289 Days118 Days
    Ratio of Units in Building2%30%70%

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