5025 Four Springs Avenue & 5033 Four Springs Avenue

Everything You Need to Know About 5025 Four Springs Avenue

The Amber Condos offers Mississauga condos for sale in the Hurontario neighbourhood. Standing 26 storeys tall, this development was completed in 2018 by Pinnacle International. There are a total of 445 units here.

Price of condos at 5025 Four Springs Avenue

Based on sales over the past year, the average condo sale price ranges from $567,000 for a one bedroom, up to $962,500 for a 3 bedroom plus den. Meanwhile, the average price for rentals can range anywhere from $1,900 to $4,700 a month.

From a cost per-square-foot perspective, units here are selling at $841 PSF, and leasing at $3.40 PSF.

How many condos have sold and rented at 5025 Four Springs Avenue?

In the last 12 months, 66 units have rented, and 22 have sold.

There are currently 8 units on the market for sale and 4 for rent. On average, a condo will sell in 15 days and rent in 20 days, meaning this condo is in high demand.

The Suites

Suites range considerably in both size and layout. Units contain anywhere from one bedroom to three bedrooms plus a den, with floor plans spanning between 560 and 1,900 square feet.

The interiors are both modern and traditional at the same time. Laminate wood flooring is found in most rooms, with carpeting in bedrooms and porcelain or ceramic tiles in kitchens and bathrooms. Open-concept kitchens boast granite or Caesarstone countertops and stainless steel appliances. As for laundry, front-loading washers and dryers are found in each suite.

If you're looking to buy into this building, units here have a medium probability of receiving multiple offers. On average, they spend 26 days on the market, and usually sell for -1.38% below the listing price.

What amenities does Amber Condos offer?

Residents are typically impressed with the building’s long list of amenities, which include:

• Gym and Sauna
• Business Centre
• Visitor Parking
• Indoor Pool
• Concierge
• Guest Suites
• Party Room
• Underground Parking

Condo Fees

Maintenance fees are $0.65 per-square-foot, which is lower than the neighbourhood average of $0.69 per-square-foot.

Condo fees include water.

However, residents must pay separately for:

• Hydro
• Heat
• Air conditioning

The Neighbourhood

Residents living in the Hurontario neighbourhood have plenty of choice when it comes to neighbourhood amenities. For example, those who call this condo home never have to travel far for dining out, as Pita Land Eglinton, The Burger's Priest and Ghost Chicken are all within 5 minutes walking distance. In the mornings, become a regular at Tim Hortons, a quick 4-minute walk from Amber Condos.

Grocery shopping is never a chore with Rabba Fine Foods in the area. Like to shop? Everything you need is close by, including Mississauga Marketplace, Ceremonial Plaza and Kee Square which are only 2 minutes away.

Meanwhile, 5025 Four Springs Avenue is just a short 3-minute drive to several green spaces like Hawthorne Valley Park and Barondale Green Park. Plus, the major attractions of Mississauga’s downtown core — the Living Arts Centre, Square One Shopping Centre, and the Art Gallery of Mississauga — are just a short drive away.

Amber Condos is very close to St. Hilary Elementary School, St. Matthew Elementary School and San Lorenzo Ruiz Elementary School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Bristol Road Middle School and St. Francis Xavier Secondary School can be reached by car in under 2 minutes.

What is the walk score of 5025 Four Springs Avenue?

With a walk score of 72, this condo is located in a very walkable location — particularly for those who want to be less car-dependent. And with a transit score of 71, this area offers excellent public transportation. For anyone with a bike though, this neighbourhood offers limited cycling infrastructure with a bike score of just 46.

What is the local real estate market like?

In the Hurontario neighbourhood, buyers have the slightest advantage with condos typically selling about 3% under the asking price.

In the rental market, tenants are at a disadvantage to landlords with the average rental property leasing over 1.5% above the list price.

Building Age

Completed in 2018 by Pinnacle International, this is one of the newer developments in Mississauga’s Hurontario neighbourhood.

Transportation

Getting around is easy for those living at 5033 Four Springs Avenue — especially when one has access to a car. Residents can get to the 403 by taking a quick drive down Eglinton or Hurontario. Motorists can also use Hurontario to reach the QEW.

Summary

This building is much more expensive than the neighbourhood average, with the second-highest cost per square foot among 49 condos in the area. Many buyers are willing to pay a premium to live here, and competition for units remains quite high. But if you want to live in a newer, high-demand building with stellar amenities — then 5025 Four Springs Avenue is certainly worth a look.