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    Old Mill Terrace Townhomes

    71 Old Mill Road

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    3
    Number of Units:
    20
    Condo Completion:
    1988
    Condo Demand:
    High
    Unit Size Range:
    1,099 - 1,900 SQFT
    Unit Availability:
    Low

    Listing History for Old Mill Terrace Townhomes

    Amenities

    Security System
    Bike Storage
    Visitor Parking
    BBQ
    Car Wash
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 71 Old Mill RoadOld Mill Terrace Townhomes

    Anyone who’s seeking a Toronto condo for sale should consider Old Mill Terrace Townhomes at 71 Old Mill Road. a developer completed this building back in 1988, but unlike other buildings of that age, maintenance fees are higher than average at $0.82 per-square-foot. The 3-storey building is home to 20 suites with units ranging between 1099 and 1900 square feet.

    Maintenance fees are $0.82 per-square-foot, which is lower than the neighbourhood average of $1.07 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 71 Old Mill Road is $875, based on the past 12 months of sales, and these suites have a high probability of receiving multiple offers.

    Units at Old Mill Terrace Townhomes spend 3 days on the market on average and usually sell for 6.18% above the listing price. In the last 12 months, 0 units has rented, and 2 have sold.

    The Neighbourhood

    Residents at Old Mill Terrace Townhomes don’t have to drive more than 2 minutes to get to a variety of popular restaurants, including Old Mill Toronto Restaurant, Goodfellas Wood Oven Pizza and Campo. In the mornings, become a regular at Jules Cafe Patisserie, a quick 2-minute walk from Old Mill Terrace Townhomes.

    There are a number of grocery stores within a short drive, including FreshCo.

    There are a number of banks within a short drive, including Scotiabank and RBC Royal Bank for all your investment needs.

    There are plenty of parks nearby to keep your family busy, including Old Mill Parkette, Kingsway Gate Parkette and King's Mill Park North, which are less than 8 minutes away by foot.

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

    When the weekend rolls around, Art Works Art School, Niki Kavakonis Designs and Roach Tackle Folk Art are within a short 2-minute drive away. Kingsway Theatre is just a short drive away for movie nights.

    Old Mill Terrace Townhomes is a short drive away from Sunnylea Junior School, Lambton-Kingsway Junior Middle School and Park Lawn Junior Middle School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Kingsmill Secondary School and Bishop Allen Academy.

    Transportation

    Transit riders can catch the Old Mill within minutes. Residents have access to the subway stop at Old Mill, which is only 0 minutes walking distance from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 12 Old Mill Tr, 30 Old Mill Road and 2855 Bloor Street W.

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    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    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%

    Price Trends

    Days on Strata

    Units at Old Mill Terrace Townhomes spend an average of
    3
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    15.6
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 11 condos in the Old Mill area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Old Mill Terrace Townhomes offers the
    ?
    best value out of 11 condos in the Old Mill neighbourhood

    Appreciation Rank

    Old Mill Terrace Townhomes has the
    ?
    highest ROI out of 11 condos in the Old Mill neighbourhood

    Rental Yield

    Old Mill Terrace Townhomes yields the
    ?
    highest rent prices out of 11 condos in the Old Mill neighbourhood

    High Demand

    Old Mill Terrace Townhomes is the
    ?
    most popular building out of 11 condos in the Old Mill neighbourhood

    Transaction Insights at 71 Old Mill Road

    1 Bed2 Bed2 Bed + Den
    Price RangeNo Data$1,350,000$1,400,000
    Avg. Cost Per SqftNo Data$784$863
    Avg. Wait for Unit AvailabilityNo Data1147 Days819 Days
    Ratio of Units in Building7%57%38%

    Maintenance Fees

    Old Mill Terrace Townhomes vs The Old Mill Area

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