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    2051 Merchants Gate

    2051 Merchants Gate Townhomes
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    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    80
    Condo Completion:
    1991
    Condo Demand:
    High
    Unit Size Range:
    1,200 - 2,110 SQFT
    Unit Availability:
    Low

    Listing History for 2051 Merchants Gate Townhomes

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    Amenities

    Indoor Parking
    BBQ
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2051 Merchants Gate2051 Merchants Gate Townhomes

    Located at 2051 Merchants Gate, 2051 Merchants Gate Townhomes is a 2-storey condo containing 80 units. These Oakville condos for sale were completed in 1991 with units starting at 1200 square feet, ranging up to 2110 square feet. What makes a Glen Abbey condo for sale most appealing is all that the neighbourhood has to offer.

    The Suites

    We’ve aggregated a number of stats at 2051 Merchants Gate. Here are some highlights: In the past 12 months, 3 units have sold, and 0 has been rented. Meanwhile, property values here have increased by 12.68%.

    Units at 2051 Merchants Gate Townhomes have a medium likelihood of receiving more than one offer, and on average they sell for 2.16% above the listed price. Suites here have an average cost per-square-foot of $592 based on sales over the past 12 months, and the median time a unit spends on the market is 8 days.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Symposium Cafe Restaurant & Lounge, Big Grill Shawarma and Kebobs and Mr.Sub are all within 11 minutes walking distance from 2051 Merchants Gate. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 10 minutes to get to McDonald's.

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

    Whether you're looking to play, exercise or gather with friends — nearby parks like Heritage Way Park, Glen Abbey trails and Merchants Trail are the perfect spot for all kinds of activities.

    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 Abbey Park High School, Garth Webb Secondary School and St. Ignatius of Loyola Catholic Secondary School can be reached by car in under 3 minutes.

    Transportation

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

    If you’re interested in checking out other similar condos within walking distance, you might like 1450 Glen Abbey Gate, 1489 Heritage Way and 1440 Bishops Gate.

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    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    20%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    37%
    $30,000+
    23%
    $60,000+
    19%
    $90,000+
    11%
    $125,000+
    7%
    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%

    Maintenance Fees

    2051 Merchants Gate Townhomes vs The Glen Abbey Area

    Days on Strata

    Units at 2051 Merchants Gate Townhomes spend an average of
    8
    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
    compared to other buildings in Glen Abbey

    Turnover of Units

    On average, each unit is owned for
    14.8
    YEARS before being sold again

    Property Value

    13%
    Increase in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 20 condos in the Glen Abbey 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

    2051 Merchants Gate Townhomes offers the
    ?
    best value out of 20 condos in the Glen Abbey neighbourhood

    Appreciation Rank

    2051 Merchants Gate Townhomes has the
    ?
    highest ROI out of 20 condos in the Glen Abbey neighbourhood

    Rental Yield

    2051 Merchants Gate Townhomes yields the
    ?
    highest rent prices out of 20 condos in the Glen Abbey neighbourhood

    High Demand

    2051 Merchants Gate Townhomes is the
    ?
    most popular building out of 20 condos in the Glen Abbey neighbourhood

    Transaction Insights at 2051 Merchants Gate

    3 Bed3 Bed + Den
    Price Range$842,500 - $964,000No Data
    Avg. Cost Per Sqft$527No Data
    Avg. Wait for Unit Availability312 DaysNo Data
    Ratio of Units in Building86%15%

    Unit Sales vs Inventory

    Total number of units listed and sold in Glen Abbey