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    Eiffel Towers Condos

    1 Emerald Lane

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    126
    Condo Completion:
    1999
    Condo Demand:
    High
    Unit Size Range:
    583 - 1,300 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Eiffel Towers Condos

    Amenities

    Party Room
    Concierge
    Outdoor Pool
    Sauna
    Car Wash
    Games Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1 Emerald LaneEiffel Towers Condos

    Anyone who’s seeking a York Region condo for sale should definitely consider Eiffel Towers Condos at 1 Emerald Lane. Menkes completed this building back in 1999, but unlike other buildings of that age, maintenance fees are actually higher than average at $0.79 per-square-foot. The building is 11 storeys tall and is home to 126 suites. Units start at 583 square feet on the low end, and can go up to 1300 square feet.

    This condo has a Walk Score of 76 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.79 per-square-foot, which is higher than the neighbourhood average of $0.75 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 1 Emerald Lane is $709, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at Eiffel Towers Condos spend 19 days on the market on average and usually sell for -1.85% below the listing price. In the last 12 months, 5 units have rented, and 7 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Subway and Gino's Pizza are all within 8 minutes walking distance from 1 Emerald Lane. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 13 minutes to get to Chai Paratha Toronto, Starbucks and Second Cup.

    Grocery shopping can feel like a chore — but not when Metro, FreshCo and H Mart are just an easy 13-minute walk away.

    Residents here can stop by CIBC Branch with ATM and Scotiabank on their way home from work, so they can take care of their financial needs.

    There are plenty of parks nearby to keep your family busy, including Emerald Lane Parkette, Moore Park and Lakehurst Park, which are less than 12 minutes away by foot.

    Those who love to shop will appreciate all the options nearby with Yorkville North, Centerpoint Mall and Promenade Shopping Centre just 4 minutes from here.

    There are also several unique attractions nearby to keep yourself entertained, such as Philip Winestone Photographs, Orlov Art Gallery and Michel Socha Art Studio — all just a quick 15-minute walk away.

    There are plenty of nearby school choices — Pleasant Public School and Rockford Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including UCMAS Abacus & Mental Math School, North West Year Round Alternative Centre and Newtonbrook Secondary School.

    Transportation

    Transit users will love the Thornhill - Vaughan neighbourhood with convenient light transit routes like Steeles Ave West At Emerald Lane nearby. Finch Station isn’t within a close walking distance, but you can drive there in about 7 minutes.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5 Emerald Lane, 745-751 Steeles Avenue W and 81 Townsgate Drive.

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    Nearby Amenities

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

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

    Population
    48,278
    Average Individual Income
    $77,889
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $134,042
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    15%
    High Rise Apartment
    7%
    Duplex
    6%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    79%
    Other
    9%
    Mandarin
    5%
    Cantonese
    5%
    Russian
    1%
    Tamil
    1%
    Education
    University and Above
    30%
    High School
    28%
    College
    19%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Eiffel Towers Condos spend an average of
    19
    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 a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

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

    Price Ranking

    12th
    Highest price per SQFT out of 43 condos in the Thornhill - Vaughan area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Eiffel Towers Condos offers the
    ?
    best value out of 43 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    Eiffel Towers Condos has the
    ?
    highest ROI out of 43 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

    Eiffel Towers Condos yields the
    ?
    highest rent prices out of 43 condos in the Thornhill - Vaughan neighbourhood

    High Demand

    Eiffel Towers Condos is the
    ?
    most popular building out of 43 condos in the Thornhill - Vaughan neighbourhood

    Transaction Insights at 1 Emerald Lane

    1 Bed1 Bed + Den2 Bed
    Price Range$520,000$540,000$610,000 - $769,000
    Avg. Cost Per Sqft$868$646$718
    Avg. Wait for Unit Availability221 Days410 Days74 Days
    Ratio of Units in Building17%12%73%

    Maintenance Fees

    Eiffel Towers Condos vs The Thornhill - Vaughan Area

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