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    7340 Markham Road

    Prentice Place Condos
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    0for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    4
    Number of Units:
    52
    Condo Completion:
    2008
    Condo Demand:
    Low
    Unit Size Range:
    1,284 - 1,699 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Prentice Place Condos

    Receive listing updates for Summerhill

    Amenities

    BBQ
    Rec Room
    Games Room
    Security System
    Gym Room
    Concierge

    Maintenance Fees

    Included
    Heat
    Water
    Excluded
    Hydro
    Air Conditioning

    About 7340 Markham RoadPrentice Place Condos

    Located at 7340 Markham Road, Prentice Place Condos is a 4-storey condo containing 52 units. These Toronto condos for sale were completed in 2008 with units starting at 1284 square feet, ranging up to 1699 square feet. What makes a Summerhill condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 82. Maintenance fees at 7340 Markham Road are only $0.48, which is quite a bit lower than the city average of about $0.67 per-square-foot.

    The Neighbourhood

    Living here means you’re just a 6-minute walk from kuku's den, Southern Aroma and Hakka Legend Asian Cuisine Markham, making it easy to dazzle your taste buds without much effort. In the mornings, become a regular at Tim Hortons, a quick 5-minute walk from Prentice Place Condos.

    Grocery shopping can feel like a chore — but not when Spicetown Halal Meat & Vegetable Supermarket are just an easy 13-minute walk away.

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

    Having Unity Park, Peace Park and Brando Park within 10 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Summerhill neighbourhood by visiting Denison Market Square, Newtown Square and Little Jaffna.

    Art and culture seekers can enjoy amazing attractions nearby like Islamic Art USA, less than 7 minutes walking distance from here.

    With Ellen Fairclough Public School, Markham Gateway Public School and Cedarwood Public School in the neighbourhood, you'll always have excellent choices that ensure your children get the best education while nearby. Families with older children will be happy to know that Greenlifr, UCMAS Abacus/iMaths and Middlefield Collegiate Institute can be reached by car in under 3 minutes.

    Transportation

    Taking public transit? The nearest light transit stop is Middlefield Rd At Steeles Ave East North Side. Those who live in the area can easily drive to McCowan, just 22 minutes from the building.

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    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

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

    Population
    16,267
    Average Individual Income
    $77,285
    Average Household Size
    3 persons
    Average Age
    39
    Average Household Income
    $130,210
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    20 - 34
    21%
    35 - 49
    21%
    50 - 64
    23%
    65+
    15%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    69%
    Semi Detached
    11%
    Duplex
    7%
    Low Rise Apartment
    5%
    High Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    84%
    Other
    8%
    Mandarin
    2%
    Cantonese
    2%
    Tagalog
    1%
    Urdu
    1%
    Tamil
    1%
    Punjabi
    1%
    Education
    University and Above
    29%
    High School
    28%
    College
    21%
    None
    13%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    14%
    Health & Related Fields
    12%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Prentice Place Condos vs The Summerhill Area

    Days on Strata

    Units at Prentice Place Condos spend an average of
    59
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Summerhill

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    20%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 20 condos in the Summerhill area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Prentice Place Condos offers the
    ?
    best value out of 20 condos in the Summerhill neighbourhood

    Appreciation Rank

    Prentice Place Condos has the
    ?
    highest ROI out of 20 condos in the Summerhill neighbourhood

    Rental Yield

    Prentice Place Condos yields the
    ?
    highest rent prices out of 20 condos in the Summerhill neighbourhood

    High Demand

    Prentice Place Condos is the
    ?
    most popular building out of 20 condos in the Summerhill neighbourhood

    Transaction Insights at 7340 Markham Road

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$775,000No DataNo Data
    Avg. Cost Per SqftNo Data$555No DataNo Data
    Avg. Wait for Unit Availability668 Days213 Days204 Days354 Days
    Ratio of Units in Building12%38%34%18%

    Unit Sales vs Inventory

    Total number of units listed and sold in Summerhill