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    Central Erin Mills

    5305 Glen Erin Drive

    First Place Townhomes
    1for Sale
    0for Rent

    Building Highlights

    Property Type:

    Townhouse

    Number of Storeys:

    2

    Number of Units:

    81

    Condo Completion:

    1993

    Condo Demand:

    Medium

    Unit Size Range:

    1,104 - 1,699 SQFT

    Unit Availability:

    Low

    Property Management:

    A.A. Property Management

    Amenities

    Visitor Parking
    Indoor Parking
    BBQs Allowed
    Outdoor Pool

    About 5305 Glen Erin Drive — First Place Townhomes

    Anyone who’s seeking a Mississauga condo for sale should consider First Place Townhomes at 5305 Glen Erin Drive. a developer completed this building back in 1993, but unlike other buildings of that age, maintenance fees are very low at $0.27 per-square-foot. The 2-storey building is home to 81 suites with units ranging between 1104 and 1699 square feet.

    Maintenance fees at 5305 Glen Erin Drive are only $0.27, significantly lower than the city average of about $0.67 per-square-foot.

    The Neighbourhood

    Living here means you’re just a 13-minute walk from Tim Hortons, Freshii and A&W Canada, making it easy to dazzle your taste buds without much effort. Get to know Central Erin Mills by exploring local cafes like McDonald's and Doris' Bistro-Cafe.

    Grocery shopping is never a chore with stores such as Nations Fresh Foods, Longo's Glen Erin and Mona Fine Foods in the area.

    There are a number of banks within a short drive, including Scotiabank for all your investment needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Duncairn Downs Park, Sugar Maple Woods Trail and Sugar Maple Woods Park are less than 17 minutes walking distance from 5305 Glen Erin Drive.

    Those who love to shop will appreciate all the options nearby with Erin Mills Town Centre, Erin Mills Latin Dance Club and Lunch just 13 minutes from here.

    Art and culture seekers can enjoy amazing attractions nearby like Arta Muro, less than 11 minutes walking distance from here.

    First Place Townhomes is a short drive away from St. Rose of Lima Separate School, giving you plenty of choice for your child’s education. This location is a great choice for families who are seeking top-notch educational institutions like John Fraser Secondary School, St. Aloysius Gonzaga Secondary School and Steam Works Studio Canada.

    Transportation

    Transit users will need to trek a bit to Erin Mills Town Centre Bus Terminal Platform C, the nearest light transit stop.

    Maintenance Fees

    Included in Fees
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Listing History for First Place Townhomes

    Dec 09, 2024 • 23 days on Strata
    sold
    $850,000Up from $830,000
    58-B - 5305 Glen Erin Dr
    3 + 1
    3
    4
    1642 Sqft
    Oct 31, 2024 • 34 days on Strata
    terminated
    $939,900
    58 - 5305 Glen Erin Dr
    3 + 1
    3
    4
    1642 Sqft
    Receive listing updates for Central Erin Mills

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    Explore Central Erin Mills

    Commute Calculator

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    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    5/10
    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!'
    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    5/10
    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    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 First Place Townhomes

    Days on Strata

    Units at First Place Townhomes spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    11.3
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    First Place Townhomes offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    First Place Townhomes has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    First Place Townhomes yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    First Place Townhomes is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Market Insights

    Transaction Insights at First Place Townhomes

    3 Bed3 Bed + Den
    Price RangeNo Data$850,000
    Avg. Cost Per SqftNo Data$505
    Avg. Wait for Unit Availability164 Days479 Days
    Ratio of Units in Building84%17%

    Market Inventory

    Total number of units listed and sold in Central Erin Mills