Maintenance Fees
The Palace Condos vs The Erin Mills Area
1900 The Collegeway
MLS Restricted Listing
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$1,349,9993 bds3 ba2 pk2,600 sqft
EXPIREDThe Palace Condos
5.0
91 Days on Strata
$X,XXX,XXX
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Listing History
Unit Highlights
Off Market Listing
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Amenities
BBQs Allowed
Car Wash
Indoor Pool
Guest Suites
Sauna
Concierge
Party Room
Gym Room
Visitor Parking
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Electric
Heating
Heat Pump
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Erin Mills
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4/10
Walkability
Halfway to a walker's paradise, you might want to invest in a hoverboard.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
6/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
16,222
Average Individual Income
$61,371
Average Household Size
3 persons
Average Age
45
Average Household Income
$108,609
Dominant Housing Type
Semi Detached
Population By Age
Household Income
Housing Types & Tenancy
Semi Detached
37%
Detached
30%
High Rise Apartment
18%
Low Rise Apartment
10%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
English
80%
Other
10%
Punjabi
5%
Tagalog
1%
Spanish
1%
Hindi
1%
Mandarin
1%
Urdu
1%
Education
High School
31%
University and Above
23%
College
20%
None
17%
Apprenticeship
4%
University Below Batchelor
1%
Major Field of Study
Business Management
25%
Architecture & Engineering
21%
Social Sciences
11%
Health & Related Fields
10%
Math & Computer Sciences
6%
Personal, Protective & Transportation Services
5%
Humanities
5%
Education
4%
Physical Sciences
3%
Visual & Performing Arts
3%
Building Trends At The Palace Condos
Days on Strata
Units at The Palace Condos spend an average of
29
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Erin Mills
Turnover of Units
On average, each unit is owned for
10.6
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
10th
Highest price per SQFT out of 45 condos in the Erin Mills area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
0
Units were Rented over the past twelve months
Best Value Rank
The Palace Condos offers the best value out of 45 condos in the Erin Mills neighbourhood
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Appreciation Rank
The Palace Condos has the highest ROI out of 45 condos in the Erin Mills neighbourhood
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Rental Yield
The Palace Condos yields the highest rent prices out of 45 condos in the Erin Mills neighbourhood
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High Demand
The Palace Condos is the most popular building out of 45 condos in the Erin Mills neighbourhood
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Market Insights
Transaction Insights at The Palace Condos
| 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $1,080,000 - $1,200,000 | $1,215,000 - $1,505,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $639 | $605 | No Data | No Data |
| Price Range | No Data | No Data | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 143 Days | 127 Days | No Data | No Data |
| Avg. Wait for Unit Availability | 364 Days | No Data | 606 Days | No Data | No Data |
| Ratio of Units in Building | 2% | 26% | 66% | 3% | 5% |
Market Inventory
Total number of units listed and sold in Erin Mills
