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    1109 - 58 Orchard View Boulevard

    For SaleNeon Condos
    $550,000
    Price Cut: $588,888
    1 Bed
    1 Bath
    0 Parking
    474 SQFT
    102 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,160/sqft
    Maintenance Fees:
    $514/mth
    Taxes:
    $2,172 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    March 31, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil
    Ensuite Laundry
    No

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Are you in the dark? Fear not, just follow the Neon lights to Neon Condos situated at 58 Orchard View Blvd. Don't be fooled by the size because the best things come in a little package. This highly efficient 490 sqft + balcony Jr 1 bedroom situated at the midpoint of the tower, comes with an impressive south-facing view. You'll have everything you need at your fingertips, Ensuite Laundry, a 4pc bath, stainless appliances, and a sun drench balcony. All are located within steps great, transit, coffee, shops + resto bars such as Metro supermarket, Chipotle, and Aroma Espresso Bar. Pai, Stock Bar just to name a few. If it's entertainment you're looking for, SilverCity Yonge Eglinton, Cineplex and Phase 4 Films are a short stroll away. For nearby green spaces, Sherwood Park and June Rowlands Park are ideal spots to catch some fresh air and parks.

    properly brokerageMLS® #C8008890


    Amenities

    Security System
    Party Room
    Concierge
    Gym Room
    Guest Suites
    Media Room

    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    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
    20,064
    Average Individual Income
    $63,444
    Average Household Size
    2 persons
    Average Age
    45
    Average Household Income
    $104,009
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    40%
    Detached
    32%
    Semi Detached
    15%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    56%
    Mandarin
    15%
    Cantonese
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    37%
    High School
    24%
    College
    16%
    None
    14%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Neon Condos spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 34 condos in the Yonge and Eglinton area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    25
    Units were Rented over the past twelve months

    Best Value Rank

    Neon Condos offers the
    ?
    best value out of 34 condos in the Yonge and Eglinton neighbourhood

    Appreciation Rank

    Neon Condos has the
    ?
    highest ROI out of 34 condos in the Yonge and Eglinton neighbourhood

    Rental Yield

    Neon Condos yields the
    ?
    highest rent prices out of 34 condos in the Yonge and Eglinton neighbourhood

    High Demand

    Neon Condos is the
    ?
    most popular building out of 34 condos in the Yonge and Eglinton neighbourhood

    Transaction Insights at 58 Orchard View Boulevard

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$565,000 - $596,000$699,900No DataNo Data
    Avg. Cost Per SqftNo Data$922$966No DataNo Data
    Avg. Wait for Unit Availability404 Days98 Days69 Days95 Days651 Days
    Ratio of Units in Building7%38%33%21%3%

    Maintenance Fees

    Neon Condos vs The Yonge and Eglinton Area

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