Maintenance Fees
Erin Mills Terrace Condos vs The Central Erin Mills Area
708 - 4640 Kimbermount Ave S
$529,0002 bds2 ba2 pk1,430 sqft
For SaleErin Mills Terrace Condos
5 Days on Strata
$529,000
2 Beds + 1
2 Bath
2 Parking
1,430 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$1,696/mth
Taxes:
$3,332 (2024)
Cost Per Sqft:
$370/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South East
Possession Date:
Immediately/TBA
Amenities
Indoor Pool
Rec Room
Indoor Parking
Security System
Concierge
Games Room
Party Room
Media Room
Gym Room
Visitor Parking
About this Listing
Adult Lifestyle 65+ Spacious Corner Suite. 1430 Sq ft of Living Space With 2 Bedrooms Plus Den, 2 Bathrooms, 2 Large Balconies, 2 Side by Side Parking Spaces and 2 Side By Side Lockers In The Very Desirable Erin Mills Terrace Boutique Building! This Lovely Suite Provides Comfort & Functionality With Beautiful Unobstructed Views. It Offers A Bright Open Concept Layout Equipped With Custom B/I Cabinetry And Closets, A Large Sunlit Kitchen With A full Wall of Windows Overlooking Treetops And A Den That Is Perfect For A Home Study. This Home Has A Spacious Dining Room Combined With An Elegant Living Room!Amenities include Salt Water Indoor Pool, Fitness Rm, Theatre, Party Rm and Social Clubs! A Perfect Location Close To Essential Retail And Services Including Erin Mills Town Centre, Credit Valley Hospital, Transit, Dining and HWYS. Enjoy This Boutique Building with Only 64 Units. The Perfect Move For Active Mature Adults!**Extra Amenities: Renaissance Dining Room, Beauty Salon, Fitness , Pub, Theatre, Indoor heated Salt Water Pool, Shuttle Bus Etc. Enjoy This Resort Worry Free Lifestyle**
ExtrasAll Appliances, All Window Coverings, All Electric Light Fixtures. Portion of Cable/Phone/Internet included in Maintenance fees. Owner only pays $12.71/month
sutton group - summit realty inc.MLS® #W12056148
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Living
Laminate, Walkout To Balcony, Built-in Shelves
14.47 x 11.98ft
Dining
Laminate, Picture Window, Open Concept
10.99 x 10.83ft
Kitchen
Ceramic Floor, Built-in Dishwasher, Family Size Kitchen
12.96 x 10.99ft
Office
Laminate, Built-in Shelves
11.16 x 10.5ft
Primary
Laminate, Walkout To Balcony, Built-in Shelves
16.93 x 13.03ft
2nd Bedroom
Laminate, Large Closet, Built-in Shelves
11.02 x 9.84ft
Laundry
Ceramic Floor
4.27 x 4.92ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Central Erin Mills
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6/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
4/10
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
7,389
Average Individual Income
$57,605
Average Household Size
3 persons
Average Age
38
Average Household Income
$114,469
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
44%
Semi Detached
44%
Low Rise Apartment
6%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
75%
Other
9%
Punjabi
8%
Tagalog
2%
Spanish
2%
Urdu
2%
Hindi
1%
Gujarati
1%
Education
High School
32%
University and Above
23%
College
19%
None
17%
Apprenticeship
4%
University Below Batchelor
1%
Major Field of Study
Business Management
28%
Architecture & Engineering
22%
Social Sciences
11%
Health & Related Fields
9%
Humanities
5%
Math & Computer Sciences
5%
Personal, Protective & Transportation Services
4%
Physical Sciences
4%
Education
3%
Visual & Performing Arts
3%
Building Trends At Erin Mills Terrace Condos
Days on Strata
Units at Erin Mills Terrace Condos spend an average of
36
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
LOWchance of receiving
Multiple Offers
compared to other buildings in Central Erin Mills
Turnover of Units
On average, each unit is owned for
4.8
YEARS before being sold againProperty Value
-12%
Decrease in property value within the past twelve months
Price Ranking
30th
Highest price per SQFT out of 46 condos in the Central Erin Mills area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
0
Units were Rented over the past twelve months
Best Value Rank
Erin Mills Terrace Condos offers the best value out of 46 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Erin Mills Terrace Condos has the highest ROI out of 46 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Erin Mills Terrace Condos yields the highest rent prices out of 46 condos in the Central Erin Mills neighbourhood
?
High Demand
Erin Mills Terrace Condos is the most popular building out of 46 condos in the Central Erin Mills neighbourhood
?
Market Insights
Transaction Insights at Erin Mills Terrace Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $417,000 - $423,000 | $390,000 | $540,000 - $552,500 | No Data |
| Avg. Cost Per Sqft | $521 | $572 | $583 | No Data |
| Price Range | No Data | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 207 Days | 383 Days | 77 Days | 324 Days |
| Avg. Wait for Unit Availability | 2121 Days | 588 Days | No Data | No Data |
| Ratio of Units in Building | 21% | 21% | 54% | 5% |
Market Inventory
Total number of units listed and sold in Central Erin Mills
