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    for sale
    28 Days on Strata
    Est Sell Timeframe:
    17 Days

    537 - 2343 Khalsa Gate

    NUVO Condos
    $548,888
    Get price change & sold alerts
    1 Bed + 1
    2 Bath
    2 Parking
    550 SQFT

    Price History

    Maintenance Fees:
    $585/mth
    Taxes:
    $2,900 (2025)
    Property Type:
    Common Element Condo
    Cost Per Sqft:
    $998/sqft
    Outdoor Space:
    Balcony
    Ensuite Laundry:
    Yes
    Locker:
    Owned
    Possession Date:
    Mar 16
    Exposure:
    North West

    Amenities

    Visitor Parking
    BBQs Allowed
    Car Wash
    Concierge
    Media Room
    Gym
    Party Room

    About this Listing

    TWO UNDERGROUND PARKING SPOTS! ( EXTRA PARKING WORTH $40,000 PLUS HST ) .Discover this exceptional, brand-new 1-bedroom + den, 2-bathroom condo, offering over 550 sq. ft. of thoughtfully designed, contemporary living space. The open-concept layout features a chef-inspired kitchen with stainless steel appliances, quartz countertops, and modern cabinetry. The spacious primary bedroom includes a spa-like ensuite, while the flexible den is ideal for a home office or guest area.Enjoy the convenience of in-suite laundry, a private balcony with gas BBQ hookup, smart home features, and TWO underground parking spaces-a rare find!Residents benefit from top-tier amenities: a rooftop lounge, outdoor pool, fully equipped fitness center, party and games rooms, media and business lounges, and serene, landscaped gardens.Located just minutes from major highways, top schools, scenic parks, and nature trails, this condo is perfect for first-time buyers, downsizers, or savvy investors alike!

    bay street platinum realty inc.MLS® #W12884200

    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

    Living
    10.99 x 8.99ft
    Dining
    10.99 x 8.99ft
    Kitchen
    10.99 x 8.99ft
    Bedroom
    8.99 x 10.6ft
    Den
    7.87 x 6.99ft
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Palermo Village Center

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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.

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    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
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    19%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    24%
    $60,000+
    17%
    $90,000+
    10%
    $125,000+
    7%
    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
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Palermo Village Center

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    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 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$390,000 - $435,000$449,900 - $500,000$500,000 - $530,000No Data
    Avg. Cost Per Sqft$959$864$776No Data
    Avg. Wait for Unit Availability166 Days86 Days49 DaysNo Data
    Ratio of Units in Building19%42%38%2%

    Market Inventory

    Total number of units listed and sold in Palermo Village Center