Maintenance Fees
NUVO Condos vs The Palermo Village Center Area
for rent
137 Days on Strata
- Est Lease Timeframe:
- 13 Days
403 - 2343 Khalsa Gate
$2,275/mth
↓ Cut $25 · Nov 24
Get price change & sold alerts
1 Bed + 1
2 Bath
1 Parking
500 - 599 SQFT
Price History
- Property Type:
- Condo Apartment
- Possession Date:
- TBD
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Terrace
- Ensuite Laundry:
- No
- Locker:
- Owned
- Exposure:
- South
Amenities
Bike Storage
Concierge
Visitor Parking
Party Room
Gym
Elevator
About this Listing
Welcome to Nuvo Condos - Modern Living in Oakville's Thriving New Community. This 1-bedroom plus den, 2-bathroom condo home is located in a vibrant and up-and-coming Oakville neighbourhood, this bright and stylish unit offers stunning south-facing views and an abundance of natural light throughout. The open-concept layout features a sleek, modern kitchen complete with quartz countertops, extended upper cabinets, and stainless steel appliances. Overlooking the dining and living areas, it's perfect for entertaining or simply enjoying the view from your private balcony. Nuvo Condos offers impressive amenities, including a rooftop terrace, fully-equipped fitness centre, and a stylish party/meeting room. This unit includes 1 underground parking space and 1 locker for added convenience. Ideally situated with easy access to public transit, and just minutes from Sheridan College, Oakville Trafalgar Hospital, schools, shopping, and everyday amenities-this is your chance to be part of Oakville's most exciting new community. Tenant to pay utilities, hydro, water, cable/internet.
ExtrasFridge, Stove, DW Clothes washer & clothes dryer.
re/max realty specialists inc.MLS® #W12574862
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Not Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Not Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
- Kitchen
- 10.99 x 9.02ft
- Laminate, Stainless Steel Appliances, Open Concept
- Dining
- 10.99 x 8.99ft
- Laminate, O/Looks Living, Open Concept
- Living
- 10.99 x 8.99ft
- Laminate, Walk-Out, South View
- Primary
- 8.99 x 10.6ft
- Laminate, Windows Floor to Ceiling, 3 Piece Ensuite
- Den
- 7.87 x 6.99ft
- Laminate, Sliding Doors, Separate Room
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore Palermo Village Center
Map
2/10
Walkability
A sight of a grocery store is as rare as a unicorn sighting.
3/10
Transit
You'll get to know the one bus driver really well. Like, really well.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
6,044
Average Individual Income
$76,898
Average Household Size
0 persons
Average Age
42
Average Household Income
$130,433
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
53%
Semi Detached
21%
Low Rise Apartment
16%
High Rise Apartment
3%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
English
91%
Other
6%
Punjabi
3%
Education
High School
27%
University and Above
25%
College
23%
None
16%
Apprenticeship
5%
Major Field of Study
Business Management
23%
Architecture & Engineering
22%
Social Sciences
12%
Health & Related Fields
9%
Education
6%
Personal, Protective & Transportation Services
5%
Humanities
5%
Physical Sciences
4%
Math & Computer Sciences
4%
Visual & Performing Arts
4%
Agriculture & Natural Resources
2%
Building Trends At NUVO Condos
Days on Strata
Units at NUVO Condos spend an average of
52
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Palermo Village Center
Turnover of Units
On average, each unit is owned for
N/A
Property Value
-17%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 8 condos in the Palermo Village Center area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
68
Units were Rented over the past twelve months
Best Value Rank
NUVO Condos offers the best value out of 8 condos in the Palermo Village Center neighbourhood
?
Appreciation Rank
NUVO Condos has the highest ROI out of 8 condos in the Palermo Village Center neighbourhood
?
Rental Yield
NUVO Condos yields the highest rent prices out of 8 condos in the Palermo Village Center neighbourhood
?
High Demand
NUVO Condos is the most popular building out of 8 condos in the Palermo Village Center neighbourhood
?
Market Insights
Transaction Insights at NUVO Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $390,000 - $435,000 | $449,900 - $500,000 | $500,000 - $530,000 | No Data |
| Avg. Cost Per Sqft | $959 | $864 | $776 | No Data |
| Price Range | $1,900 - $2,200 | $2,050 - $2,350 | $2,200 - $3,100 | No Data |
| Avg. Wait for Unit Availability | 166 Days | 86 Days | 49 Days | No Data |
| Avg. Wait for Unit Availability | 14 Days | 7 Days | 7 Days | 43 Days |
| Ratio of Units in Building | 19% | 42% | 38% | 2% |
Market Inventory
Total number of units listed and leased in Palermo Village Center
