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    Eiffel Towers II Condos
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    1for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    138
    Condo Completion:
    2001
    Condo Demand:
    Medium
    Unit Size Range:
    561 - 1,500 SQFT
    Unit Availability:
    Medium

    Listing History for Eiffel Towers II Condos

    Receive listing updates for Thornhill - Vaughan

    Amenities

    Concierge
    Security System
    Indoor Parking
    Gym Room
    Bike Storage
    Rec Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 5 Emerald LaneEiffel Towers II Condos

    Anyone who’s seeking a Vaughan condo for sale should definitely consider Eiffel Towers II Condos at 5 Emerald Lane. Menkes completed this building back in 2001, but unlike other buildings of that age, maintenance fees are actually quite reasonable at $0.71 per-square-foot. The building is 11 storeys tall and is home to 138 suites. Units start at 561 square feet on the low end, and can go up to 1500 square feet.

    This condo has a Walk Score of 73 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.71 per-square-foot, which is lower than the neighbourhood average of $0.72 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 5 Emerald Lane is $710, based on the past 12 months of sales, and units tend to sell within 35 days of being listed. 5 units have been rented in the previous 12 months, and 8 units have been sold. Suites often sell for -2.15% below the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Living here means you’re just a 9-minute walk from The Indian Cuisine, Subway and Gino's Pizza, making it easy to dazzle your taste buds without much effort. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 15 minutes to get to Chai Paratha Toronto, Starbucks and Second Cup.

    Grocery shopping can feel like a chore — but not when Metro, H Mart and FreshCo are just an easy 15-minute walk away.

    Eiffel Towers II Condos is a great choice for residents who are money conscious — with banks like CIBC Branch with ATM and Scotiabank nearby.

    Having Emerald Lane Parkette, Moore Park and Vaughan Crest Park within 14 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 5 Emerald Lane, including Yorkville North, Centerpoint Mall and Promenade Shopping Centre which are only 4 away.

    Art and culture seekers can enjoy amazing attractions nearby like Philip Winestone Photographs, Michel Socha Art Studio and Orlov Art Gallery, less than 16 minutes walking distance from here.

    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. Families with older children will be happy to know that UCMAS Abacus & Mental Math School, Newtonbrook Secondary School and North West Year Round Alternative Centre can be reached by car in under 3 minutes.

    Transportation

    Transit users aren’t far from a light transit stop at Steeles Ave West At Emerald Lane. Finch Station is about a 7-minute drive from the building.

    Curious about similar condos in the area? Check out 745-751 Steeles Avenue W, 1 Emerald Lane and 8 Brighton Place — all within walking distance.

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    Explore Thornhill - Vaughan

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    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!'

    Similar condos

    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
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    20%
    50 - 64
    23%
    65+
    16%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    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%

    Maintenance Fees

    Eiffel Towers II Condos vs The Thornhill - Vaughan Area

    Days on Strata

    Units at Eiffel Towers II Condos spend an average of
    35
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Thornhill - Vaughan

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 45 condos in the Thornhill - Vaughan area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Eiffel Towers II Condos offers the
    ?
    best value out of 45 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    Eiffel Towers II Condos has the
    ?
    highest ROI out of 45 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

    Eiffel Towers II Condos yields the
    ?
    highest rent prices out of 45 condos in the Thornhill - Vaughan neighbourhood

    High Demand

    Eiffel Towers II Condos is the
    ?
    most popular building out of 45 condos in the Thornhill - Vaughan neighbourhood

    Transaction Insights at 5 Emerald Lane

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$485,018 - $508,000$530,000$567,000 - $670,000No DataNo Data
    Avg. Cost Per Sqft$778$605$638No DataNo Data
    Avg. Wait for Unit Availability123 Days350 Days80 DaysNo DataNo Data
    Ratio of Units in Building33%11%53%3%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Thornhill - Vaughan