Maintenance Fees
Papillon Place II Condos vs The Central Erin Mills Area
701 - 4889 Kimbermount Ave
$2,3501 bd1 ba1 pk676 sqft
For RentPapillon Place II Condos
24 Days on Strata
$2,350/mth
1 Bed
1 Bath
1 Parking
676 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
March 15, 2025
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North
Locker:
Owned
Laundry:
Main
Amenities
Party Room
Rooftop Deck
BBQs Allowed
Indoor Pool
Gym Room
Indoor Parking
Sauna
Concierge
Media Room
Games Room
Visitor Parking
About this Listing
Highly Sought After Area, Beautiful 1 Bedroom Condo In Prime Erin Mills Location! Steps To Erin Mills Town Centre, Go Station, Restaurants, Shops And Plazas For All Your Convenience. Bright And Open Concept Layout With Laminate Flooring. Kitchen With Breakfast Bar Overlooking Living Area Which Has Balcony Access. Unobstructed view from balcony, Large Bedroom With Double Closet. Well Managed And Cared For Building. Lots Of Amenities To Keep You Busy! **HYDRO, WATER & HEAT INCLUDED in rent** Parking and Locker also included. Prime location within walking distance to 2 big grocery stores, Erin Mills Town Centre, bus terminal, restaurant, Credit Valley Hospital, Community Centre, and parks. Minutes from HWY 403 and GO transit.
ExtrasStainless Steel Appliances Stove, Stainless Steel Built-In Microwave, Refrigerator, Built-In Dishwasher. Stacked Washer & Dryer, Window Coverings, Electric Light Fixtures In All Rooms
re/max realty specialists inc.MLS® #W12017866
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
15.09 x 10.17ft
Dining
Laminate, Combined with Living, Open Concept
15.09 x 10.17ft
Kitchen
Ceramic Floor, Breakfast Bar, Open Concept
9.71 x 8.4ft
Bedroom
Laminate, Double Closet, Window
11.39 x 9.58ft
Foyer
Ceramic Floor, Closet
0 x 0ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
Explore Central Erin Mills
Commute Calculator
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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 II Condos
Days on Strata
Units at Papillon Place II Condos spend an average of
44
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
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
6.1
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
14th
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
19
Units were Rented over the past twelve months
Best Value Rank
Papillon Place II Condos offers the best value out of 46 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Papillon Place II Condos has the highest ROI out of 46 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Papillon Place II Condos yields the highest rent prices out of 46 condos in the Central Erin Mills neighbourhood
?
High Demand
Papillon Place II Condos is the most popular building out of 46 condos in the Central Erin Mills neighbourhood
?
Market Insights
Transaction Insights at Papillon Place II Condos
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | $489,000 | $480,000 - $500,000 | $548,000 - $675,000 |
| Avg. Cost Per Sqft | $813 | $749 | $744 |
| Price Range | $2,200 - $2,600 | $2,450 - $2,750 | $1,300 - $3,300 |
| Avg. Wait for Unit Availability | 110 Days | 132 Days | 63 Days |
| Avg. Wait for Unit Availability | 76 Days | 151 Days | 44 Days |
| Ratio of Units in Building | 30% | 17% | 55% |
Market Inventory
Total number of units listed and leased in Central Erin Mills
