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    The Palladium Condos
    by Menkes

    7250 Yonge Street

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    196
    Condo Completion:
    1990
    Condo Demand:
    Medium
    Unit Size Range:
    949 - 1,650 SQFT
    Unit Availability:
    Low
    Property Management:
    Brookfield Property Management

    Listing History for The Palladium Condos

    Amenities

    Gym Room
    Visitor Parking
    Concierge
    Party Room
    Tennis Court
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 7250 Yonge StreetThe Palladium Condos

    The Palladium Condos was completed in 1990 by Menkes. While some buyers associate high maintenance fees with older buildings, maintenance fees at 7250 Yonge Street are only $0.86 per-square-foot. These Thornhill - Vaughan condos for sale offer floor plans that are more spacious than most modern condos; there are 196 suites in this 18-storey residence, and units range from 949 square feet to 1650 square feet.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 70. Maintenance fees at 7250 Yonge Street are $0.86 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for units at 7250 Yonge Street is $645, based on the past 12 months of sales, and units tend to sell within 21 days of being listed. 1 unit has been rented in the previous 12 months, and 5 units have been sold. Suites often sell for -2.64% below the listing price and have a low chance of receiving multiple offers.

    The Neighbourhood

    Living here means you’re just a 3-minute walk from Red Lobster, Nino D'Aversa Bakery and Chung King Garden Restaurant, making it easy to dazzle your taste buds without much effort. You’ll only have to walk 6 minutes to pick-up a coffee before heading out for your day at Coffee Box Café & Bar, North York Cafe and hey, dalda cafe.

    There are a number of grocery stores within a short drive, including Galleria Supermarket, Rh Europa Deli and Asian Gourmet.

    Planning for your future is easy with Shinhan Bank Canada - Thornhill Branch and RBC Royal Bank in the area.

    Residents at this condo are also just a short drive away from green spaces such as Sir Watson Watt Park, Winding Lane Park and Grandview Park.

    Those who love to shop will appreciate all the options nearby with Worldshops mall, Lavish Ink and NPS just 7 minutes from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Felicity Art, The Galleria Frame and K Dadashi Art Gallery less than a 4-minute drive away will give you a lift.

    There are plenty of nearby school choices — I Am Smart S-Cool ABA Center and Private School, Lillian Public School and Mehe Elementary 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 Bee Smart Learning Centre, Thornhill Secondary School and Newtonbrook Secondary School can be reached by car in under 3 minutes.

    Transportation

    Transit users aren’t far from a light transit stop at Yonge St. @ Meadowview Ave.. Finch Station is about a 7-minute drive from the building.

    Curious about similar condos in the area? Check out 7300 Yonge Street, 7161 Yonge Street and 18 Clark Avenue W — all within walking distance.

    2

    Listings For Sale

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    0

    Listings For Rent

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    Nearby Amenities

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    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
    $76,471
    Average Household Size
    0 persons
    Average Age
    3
    Average Household Income
    $132,790
    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
    Russian
    1%
    Cantonese
    4%
    Indigenous Language
    20%
    Mandarin
    4%
    English
    63%
    Other
    8%
    Education
    High School
    28%
    Apprenticeship
    4%
    University and Above
    30%
    College
    19%
    University Below Batchelor
    2%
    None
    14%
    Major Field of Study
    Personal, Protective & Transportation Services
    4%
    Health & Related Fields
    12%
    Architecture & Engineering
    19%
    Humanities
    5%
    Physical Sciences
    4%
    Math & Computer Sciences
    5%
    Social Sciences
    13%
    Education
    5%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    23%

    Price Trends

    Building Trends At The Palladium Condos

    Days on Strata

    Units at The Palladium Condos spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    9
    YEARS before being sold again

    Property Value

    12%
    Increase in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 43 condos in the Thornhill - Vaughan area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    The Palladium Condos offers the
    ?
    best value out of 43 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    The Palladium Condos has the
    ?
    highest ROI out of 43 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

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

    High Demand

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

    Transaction Insights at 7250 Yonge Street

    1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$739,000 - $755,000$675,000 - $850,000No Data
    Avg. Cost Per SqftNo Data$638$666No Data
    Avg. Wait for Unit Availability571 Days88 Days61 DaysNo Data
    Ratio of Units in Building2%46%51%2%

    Maintenance Fees

    The Palladium Condos vs The Thornhill - Vaughan Area

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