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    7500 Goreway Townhomes

    7500 Goreway Drive

    4for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    50
    Condo Completion:
    1974
    Condo Demand:
    Low
    Unit Size Range:
    1,074 - 1,499 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 7500 Goreway Townhomes

    Amenities

    Visitor Parking
    BBQ
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 7500 Goreway Drive7500 Goreway Townhomes

    7500 Goreway Townhomes stands 2 storeys tall at 7500 Goreway Drive and contains 50 units. This Peel Region condo was completed in 1974 by a developer. Suite sizes range from 1074 square feet to 1499 square feet.

    The Suites

    On average, units at 7500 Goreway Drive sell -1.60% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $586 (based on past 12 months of sales). Units typically sell with 36 days on market on average. Over the past 12 months, 2 have sold and 0 has been rented here.

    The Neighbourhood

    Living here means you’re just a 13-minute walk from Popeyes Louisiana Kitchen, Naija Jollof Toronto and Best Shawarma TO., 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.

    7500 Goreway Townhomes is a great choice for residents who are money conscious — with banks like Scotiabank and RBC Royal Bank nearby.

    There are plenty of parks nearby to keep your family busy, including Brandon Gate Park, Woodgreen Park and Malton Community Garden, which are less than 9 minutes away by foot.

    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 7475 Goreway Drive, 7405 Goreway Drive and 7560 Goreway Drive.

    4

    Listings For Sale

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    0

    Listings For Rent

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    Nearby Amenities

    6/10
    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 7500 Goreway Townhomes spend an average of
    36
    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
    17.5
    YEARS before being sold again

    Property Value

    28%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    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

    0
    Units were Rented over the past twelve months

    Best Value Rank

    7500 Goreway Townhomes offers the
    ?
    best value out of 24 condos in the Northeast | Malton neighbourhood

    Appreciation Rank

    7500 Goreway Townhomes has the
    ?
    highest ROI out of 24 condos in the Northeast | Malton neighbourhood

    Rental Yield

    7500 Goreway Townhomes yields the
    ?
    highest rent prices out of 24 condos in the Northeast | Malton neighbourhood

    High Demand

    7500 Goreway Townhomes is the
    ?
    most popular building out of 24 condos in the Northeast | Malton neighbourhood

    Transaction Insights at 7500 Goreway Drive

    3 Bed3 Bed + Den
    Price Range$723,000$668,000
    Avg. Cost Per Sqft$672$522
    Avg. Wait for Unit Availability112 Days74 Days
    Ratio of Units in Building38%63%

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