MLS Restricted Listing
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550 Hopewell Avenue
Listing History
Unit Highlights
Off Market Listing
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Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Amenities
Security System
BBQ
Visitor Parking
Nearby Amenities
8/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
8/10
Transit
Transit's there for you, like a loyal golden retriever.
6/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
14,584
Average Individual Income
$58,475
Average Household Size
2 persons
Average Age
46
Average Household Income
$89,247
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
69%
Detached
18%
Semi Detached
5%
Low Rise Apartment
4%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
English
50%
Mandarin
17%
Other
14%
Cantonese
13%
Tamil
3%
Telugu
1%
Tagalog
1%
Hindi
1%
Education
University and Above
42%
High School
22%
College
15%
None
13%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
28%
Architecture & Engineering
18%
Health & Related Fields
11%
Math & Computer Sciences
11%
Social Sciences
10%
Humanities
5%
Physical Sciences
4%
Education
3%
Personal, Protective & Transportation Services
2%
Visual & Performing Arts
2%
Price Trends
Building Trends At West Village Lofts
Days on Strata
Units at West Village Lofts spend an average of
73
Days on Strata
based on recent sales
List vs Selling Price
On average, these lofts sell for
6%
above
the list price.
Offer Competition
Lofts in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
4.6
YEARS before being sold againProperty Value
-40%
Decrease in property value within the past twelve months
Price Ranking
6th
Highest price per SQFT out of 8 condos in the Briar Hill | Belgravia area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
1
Units were Rented over the past twelve months
Best Value Rank
West Village Lofts offers the best value out of 8 condos in the Briar Hill | Belgravia neighbourhood
?
Appreciation Rank
West Village Lofts has the highest ROI out of 8 condos in the Briar Hill | Belgravia neighbourhood
?
Rental Yield
West Village Lofts yields the highest rent prices out of 8 condos in the Briar Hill | Belgravia neighbourhood
?
High Demand
West Village Lofts is the most popular building out of 8 condos in the Briar Hill | Belgravia neighbourhood
?
Transaction Insights at 550 Hopewell Avenue
| 1 Bed | 2 Bed | 3 Bed | |
|---|---|---|---|
| Price Range | No Data | $689,000 | $827,000 |
| Avg. Cost Per Sqft | No Data | $436 | $517 |
| Price Range | No Data | $3,400 | No Data |
| Avg. Wait for Unit Availability | No Data | 166 Days | 1198 Days |
| Avg. Wait for Unit Availability | 392 Days | 1189 Days | No Data |
| Ratio of Units in Building | 11% | 75% | 15% |
Maintenance Fees
West Village Lofts vs The Briar Hill | Belgravia Area
