Maintenance Fees
Papillon Place III Condos vs The Central Erin Mills Area
1708 - 4850 Glen Erin Dr
$3,0002 bds2 ba1 pk927 sqft
For RentPapillon Place III Condos
27 Days on Strata
$3,000/mth
2 Beds
2 Bath
1 Parking
927 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
April 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South East
Locker:
Owned
Amenities
Car Wash
Indoor Pool
Indoor Parking
Security System
Sauna
Concierge
Games Room
Party Room
Rooftop Deck
Gym Room
Visitor Parking
About this Listing
Welcome to this spacious and bright corner unit in the heart of Erin Mills! Featuring an open-concept living and dining area, this stunning condo offers floor-to-ceiling windows that fill the space with natural light and provide unobstructed views of the Toronto skyline and the lake. Stainless steel appliances, a ceramic backsplash, and ample cabinet space, perfect for cooking and entertaining. The primary bedroom features a 4-piece ensuite and a walk-in closet. Enjoy a wide range of amenities including a 24-hour concierge, an indoor pool, sauna, fitness center, game room, and party room. Close to shopping, restaurants, public transit, and major highways
re/max real estate centre inc.MLS® #W12014428
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room dimensions are not available for this listing.
Renter's Market
Balanced
Landlord's Market
Similar Listings
Explore Central Erin Mills
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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!'
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 Papillon Place III Condos
Days on Strata
Units at Papillon Place III Condos spend an average of
32
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Central Erin Mills
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-1%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 46 condos in the Central Erin Mills area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
21
Units were Rented over the past twelve months
Best Value Rank
Papillon Place III Condos offers the best value out of 46 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Papillon Place III Condos has the highest ROI out of 46 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Papillon Place III Condos yields the highest rent prices out of 46 condos in the Central Erin Mills neighbourhood
?
High Demand
Papillon Place III Condos is the most popular building out of 46 condos in the Central Erin Mills neighbourhood
?
Market Insights
Transaction Insights at Papillon Place III Condos
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | $527,000 | $538,000 - $575,000 | $600,000 - $750,000 |
| Avg. Cost Per Sqft | $865 | $909 | $805 |
| Price Range | $2,300 - $2,400 | $2,350 - $2,650 | $2,700 - $3,350 |
| Avg. Wait for Unit Availability | 79 Days | 134 Days | 65 Days |
| Avg. Wait for Unit Availability | 54 Days | 126 Days | 40 Days |
| Ratio of Units in Building | 30% | 18% | 54% |
Market Inventory
Total number of units listed and leased in Central Erin Mills
