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    5 Concorde Place

    Concorde Park I Condos
    Write a Review
    3for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    37
    Number of Units:
    386
    Condo Completion:
    1989
    Condo Demand:
    Medium
    Unit Size Range:
    506 - 1,622 SQFT
    Unit Availability:
    Medium

    Listing History for Concorde Park I Condos

    Receive listing updates for Victoria Village

    Amenities

    Squash Court
    Gym Room
    Guest Suites
    Tennis Court
    Bike Storage
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5 Concorde PlaceConcorde Park I Condos

    Concorde Park I Condos was completed in 1989 by Concorde. While some buyers associate high maintenance fees with older buildings, maintenance fees at 5 Concorde Place are only $0.72 per-square-foot. These Victoria Village condos for sale offer floor plans that are more spacious than most modern condos; there are 386 suites in this 37-storey residence, and units range from 506 square feet to 1622 square feet.

    Maintenance fees are $0.72 per-square-foot, which is lower than the neighbourhood average of $0.83 per-square-foot.

    The Suites

    On average, units at 5 Concorde Place sell -1.84% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $758 and units sell with 30 days on market on average. Over the past 12 months, 10 have sold and 18 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as La Prep, Oops mart and Bibab Express are all within 5 minutes walking distance from 5 Concorde Place. Victoria Village has plenty to offer coffee enthusiasts, with great cafes like DeliMark Café, Tim Hortons and Corner Cafe.

    Grocery shopping is never a chore with stores such as Marcheleo's Market, Real Canadian Superstore and C&C Supermarket in the area.

    Planning for your future is easy with Scotiabank and ICICI Bank Canada in the area.

    There are plenty of parks nearby to keep your family busy, including Charles Sauriol Conservation Area and Greenbelt Park, which are less than 12 minutes away by foot.

    Those who love to shop will appreciate all the options nearby with Barber Greene Plaza, CF Shops at Don Mills and Finch & Leslie Square just 4 minutes from here.

    When the weekend rolls around, Aga Khan Museum, YellowKorner and Rubine Red Inc. are within a short 4-minute drive away. IMAX - Ontario Science Centre is just a short drive away for movie nights.

    Concorde Park I Condos is a short drive away from Brighton School, Grenoble Public School and St. John XXIII Catholic School, giving you plenty of choice for your child’s education.

    Transportation

    Transit users will love the Victoria Village neighbourhood with convenient light transit routes like Concorde Pl At Concorde Pl Cul De Sac nearby. Those who live in the area can easily drive to Warden, just 12 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 7 Concorde Place, 18 Concorde Place and 1 Concorde Place.

    Concorde Park I Condos Reviews

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    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    3/10
    Bikeability
    If biking were a video game, this would be expert mode.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    12,504
    Average Individual Income
    $56,942
    Average Household Size
    3 persons
    Average Age
    50
    Average Household Income
    $105,540
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    11%
    15 - 19
    2%
    20 - 34
    19%
    35 - 49
    16%
    50 - 64
    22%
    65+
    27%
    Household Income
    $0 - $30,000
    55%
    $30,000+
    25%
    $60,000+
    11%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    57%
    Semi Detached
    19%
    Duplex
    9%
    High Rise Apartment
    8%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    44%
    Cantonese
    24%
    Mandarin
    17%
    Other
    10%
    Tamil
    4%
    Tagalog
    1%
    Education
    High School
    29%
    University and Above
    26%
    None
    23%
    College
    14%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Humanities
    6%
    Math & Computer Sciences
    6%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Concorde Park I Condos vs The Victoria Village Area

    Days on Strata

    Units at Concorde Park I Condos spend an average of
    30
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Victoria Village

    Turnover of Units

    On average, each unit is owned for
    11.2
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 20 condos in the Victoria Village area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

    Concorde Park I Condos offers the
    ?
    best value out of 20 condos in the Victoria Village neighbourhood

    Appreciation Rank

    Concorde Park I Condos has the
    ?
    highest ROI out of 20 condos in the Victoria Village neighbourhood

    Rental Yield

    Concorde Park I Condos yields the
    ?
    highest rent prices out of 20 condos in the Victoria Village neighbourhood

    High Demand

    Concorde Park I Condos is the
    ?
    most popular building out of 20 condos in the Victoria Village neighbourhood

    Transaction Insights at 5 Concorde Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$500,000 - $501,000$470,000 - $695,000$640,000$670,000 - $775,000
    Avg. Cost Per Sqft$683$789$613$607
    Avg. Wait for Unit Availability77 Days86 Days112 Days62 Days
    Ratio of Units in Building27%21%19%35%

    Unit Sales vs Inventory

    Total number of units listed and sold in Victoria Village