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    The Terraces of Old Mill Condos

    2662 Bloor Street W

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    119
    Condo Completion:
    2002
    Condo Demand:
    Low
    Unit Size Range:
    569 - 2,332 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for The Terraces of Old Mill Condos

    Amenities

    Rooftop Deck
    Visitor Parking
    Concierge
    Indoor Pool
    BBQ
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2662 Bloor Street WThe Terraces of Old Mill Condos

    The Terraces of Old Mill Condos was completed in 2002 by H&R Developments, Princess Group. While some buyers associate high maintenance fees with older buildings, maintenance fees at 2662 Bloor Street W are only $1.14 per-square-foot. These Old Mill condos for sale offer floor plans that are more spacious than most modern condos; there are 119 suites in this 11-storey residence, and units range from 569 square feet to 2332 square feet.

    Maintenance fees at 2662 Bloor Street W are $1.14 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Old Mill Toronto Restaurant, Goodfellas Wood Oven Pizza and Asa Sushi are all within 17 minutes walking distance from 2662 Bloor Street W. In the mornings, become a regular at The Coffee Bouquets, a quick 2-minute walk from The Terraces of Old Mill Condos.

    There are a number of banks within a short drive, including TD Canada Trust and Scotiabank for all your investment needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Old Mill Parkette, King's Mill Park North and King's Mill Park are the perfect spot for all kinds of activities.

    Enhance your personal style while living in the Old Mill neighbourhood by visiting The Shoppes at Stonegate, Canada Pasabuy and Kingsway Mills Shopping Centre.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Niki Kavakonis Designs, Art Works Art School and Roach Tackle Folk Art less than a 2-minute drive away will give you a lift. Kingsway Theatre is just a short drive away for movie nights.

    There are plenty of nearby school choices — Sunnylea Junior School, Park Lawn Junior Middle School and Lambton-Kingsway Junior Middle School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Kingsmill Secondary School and Bishop Allen Academy.

    Transportation

    For transit users, the nearest light transit stop is Bloor St West At Old Mill Trail and is about a 1 minute walk away. Old Mill station is only 0 minutes walking distance from the building.

    2

    Listings For Sale

    Interested in receiving new listings for sale?

    0

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    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
    6,294
    Average Individual Income
    $54,331
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $97,233
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    58%
    Detached
    20%
    Semi Detached
    11%
    Low Rise Apartment
    7%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    10%
    Cantonese
    8%
    Tagalog
    3%
    Arabic
    2%
    Telugu
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    24%
    College
    14%
    None
    14%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    24%
    Math & Computer Sciences
    11%
    Social Sciences
    10%
    Health & Related Fields
    9%
    Physical Sciences
    4%
    Visual & Performing Arts
    4%
    Humanities
    3%
    Personal, Protective & Transportation Services
    2%
    Education
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at The Terraces of Old Mill Condos spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.7
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 11 condos in the Old Mill area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Terraces of Old Mill Condos offers the
    ?
    best value out of 11 condos in the Old Mill neighbourhood

    Appreciation Rank

    The Terraces of Old Mill Condos has the
    ?
    highest ROI out of 11 condos in the Old Mill neighbourhood

    Rental Yield

    The Terraces of Old Mill Condos yields the
    ?
    highest rent prices out of 11 condos in the Old Mill neighbourhood

    High Demand

    The Terraces of Old Mill Condos is the
    ?
    most popular building out of 11 condos in the Old Mill neighbourhood

    Transaction Insights at 2662 Bloor Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$1,050,000No Data
    Avg. Cost Per SqftNo DataNo Data$970No Data
    Avg. Wait for Unit Availability832 DaysNo Data109 Days184 Days
    Ratio of Units in Building4%5%67%27%

    Maintenance Fees

    The Terraces of Old Mill Condos vs The Old Mill Area

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