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    7500 Goreway Drive

    7500 Goreway Townhomes
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    0for Sale
    0for Rent

    Building Details

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

    Listing History for 7500 Goreway Townhomes

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    Amenities

    BBQ
    Indoor Parking
    Visitor 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 Mississauga condo was completed in 1974 by . Suite sizes range from 1074 square feet to 1499 square feet.

    The Suites

    We’ve aggregated a number of stats at 7500 Goreway Drive. Here are some highlights: In the past 12 months, 3 units have sold, and 0 has been rented. Meanwhile, property values here have decreased by 8.4%.

    Units at 7500 Goreway Townhomes have a low likelihood of receiving more than one offer, and on average they sell for -3.78% below the listed price. Suites here have an average cost per-square-foot of $488 based on sales over the past 12 months, and the median time a unit spends on the market is 25 days.

    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. 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 7405 Goreway Drive, 3455 Morning Star Drive and 3435 Jolliffe Avenue.

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    Explore Neighbourhood

    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!'

    Similar condos

    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
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    27%
    $60,000+
    15%
    $90,000+
    7%
    $125,000+
    3%
    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
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    17.2
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 25 condos in the Malton area

    Sold Units

    3
    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 25 condos in the Malton neighbourhood

    Appreciation Rank

    7500 Goreway Townhomes has the
    ?
    highest ROI out of 25 condos in the Malton neighbourhood

    Rental Yield

    7500 Goreway Townhomes yields the
    ?
    highest rent prices out of 25 condos in the Malton neighbourhood

    High Demand

    7500 Goreway Townhomes is the
    ?
    most popular building out of 25 condos in the Malton neighbourhood

    Transaction Insights at 7500 Goreway Drive

    3 Bed3 Bed + Den
    Price Range$630,000 - $640,000$668,000
    Avg. Cost Per Sqft$508$522
    Avg. Wait for Unit Availability108 Days78 Days
    Ratio of Units in Building40%61%

    Unit Sales vs Inventory

    Total number of units listed and sold in Malton