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    Heritage Gate Townhomes

    1489 Heritage Way

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    3
    Number of Units:
    80
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    549 - 1,750 SQFT
    Unit Availability:
    Low

    Listing History for Heritage Gate Townhomes

    Amenities

    Indoor Parking
    BBQ
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1489 Heritage WayHeritage Gate Townhomes

    Heritage Gate Townhomes stands 3 storeys tall at 1489 Heritage Way and contains 80 units. This Halton Region condo was completed in 2003 by a developer. Suite sizes range from 549 square feet to 1750 square feet.

    The Suites

    On average, units at 1489 Heritage Way sell 2.42% above the list price, and units have a medium 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 $928 (based on past 12 months of sales). Units typically sell with 40 days on market on average. Over the past 12 months, 4 have sold and 3 have been rented here.

    The Neighbourhood

    Residents at Heritage Gate Townhomes don’t have to drive more than 2 minutes to get to a variety of popular restaurants, including Symposium Cafe Restaurant & Lounge, Mr.Sub and Big Grill Shawarma and Kebobs. Need caffeine to open your eyes in the morning? No worries, McDonald's and Starbucks have you covered...

    Planning for your future is easy with Scotiabank and Td Bank Financial Group in the area.

    There are plenty of parks nearby to keep your family busy, including Manor Parkette, Heritage Way Park and Merchants Trail, which are less than 9 minutes away by foot.

    There are plenty of nearby school choices — St. Bernadette Catholic Elementary School, St. Joan of Arc Catholic Elementary School and Captain R. Wilson Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Garth Webb Secondary School, Abbey Park High School and St. Ignatius of Loyola Catholic Secondary School can be reached by car in under 5 minutes.

    Transportation

    Taking public transit? The nearest light transit stop is Dundas St West + 3rd Line.

    Curious about similar condos in the area? Check out 1290 Heritage Way, 2300 Upper Middle Road W and 2051 Merchants Gate — all within walking distance.

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    Explore Neighbourhood

    1/10
    Walkability
    You may find a lonely mailbox at the corner. Best friends with your sneakers yet?
    Unknown
    Transit
    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
    7,522
    Average Individual Income
    $78,748
    Average Household Size
    2 persons
    Average Age
    42
    Average Household Income
    $127,214
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    60%
    Semi Detached
    22%
    Low Rise Apartment
    9%
    High Rise Apartment
    5%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    95%
    Other
    4%
    Punjabi
    1%
    Education
    University and Above
    29%
    High School
    27%
    College
    22%
    None
    12%
    Apprenticeship
    6%
    Major Field of Study
    Business Management
    21%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    10%
    Education
    7%
    Personal, Protective & Transportation Services
    6%
    Visual & Performing Arts
    5%
    Humanities
    4%
    Math & Computer Sciences
    4%
    Physical Sciences
    3%
    Agriculture & Natural Resources
    2%

    Days on Strata

    Units at Heritage Gate Townhomes spend an average of
    40
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.3
    YEARS before being sold again

    Property Value

    15%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 20 condos in the Glen Abbey area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Heritage Gate Townhomes offers the
    ?
    best value out of 20 condos in the Glen Abbey neighbourhood

    Appreciation Rank

    Heritage Gate Townhomes has the
    ?
    highest ROI out of 20 condos in the Glen Abbey neighbourhood

    Rental Yield

    Heritage Gate Townhomes yields the
    ?
    highest rent prices out of 20 condos in the Glen Abbey neighbourhood

    High Demand

    Heritage Gate Townhomes is the
    ?
    most popular building out of 20 condos in the Glen Abbey neighbourhood

    Transaction Insights at 1489 Heritage Way

    1 Bed1 Bed + Den2 Bed3 Bed3 Bed + Den
    Price Range$629,000No Data$628,000 - $777,500$1,070,000No Data
    Avg. Cost Per Sqft$866No Data$877$600No Data
    Avg. Wait for Unit Availability1609 Days738 Days235 Days171 Days455 Days
    Ratio of Units in Building5%8%24%56%9%

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