Maintenance Fees
Emporium Condos vs The Iroquois Ridge North Area
504 - 2470 Prince Michael Dr
$834,9002 bds2 ba1 pk1,126 sqft
For SaleEmporium Condos
5.0
60 Days on Strata
$834,900
Price Cut: $879,000
Price Cut: $879,000
2 Beds
2 Bath
1 Parking
1,126 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$1,005/mth
Taxes:
$4,000 (2024)
Cost Per Sqft:
$741/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North East
Possession Date:
09/01/2024
Amenities
BBQs Allowed
Guest Suites
Sauna
Visitor Parking
Party Room
Concierge
Indoor Pool
Outdoor Pool
Media Room
Security System
Gym Room
Indoor Parking
Games Room
About this Listing
Welcome to the highly sought-after Emporium Residences in prestigious Joshua Creek. This rarely available 2-bedroom, 2-bathroom northeast-facing corner unit offers an abundance of natural light and breathtaking views of the Toronto skyline and Lake Ontario. With 1,126 sq.ft. of living space, this home feels like a bungalow in the sky! The bright, open-concept layout features a stylish eat-in kitchen with glass-tiled backsplash, sleek quartz countertops, and stainless steel appliances. The kitchen flows seamlessly into the expansive, sun-drenched living areaperfect for both relaxing and entertaining. The spacious master suite includes a walk-in closet and a luxurious 3-piece ensuite bathroom. Additional highlights include nine-foot ceilings, upgraded hardwood flooring throughout, modern light fixtures, custom blinds and drapes, and fresh, trendy paint colors. The building offers resort-style amenities, including an indoor pool, sauna, party room, gym, games room, theatre room, and 24-hour concierge service. Its prime location places you within walking distance of grocery stores, shopping, parks, schools, and public transit. This unit is in immaculate condition pride of ownership is evident throughout. Just move in and enjoy all that this beautiful space has to offer!
ExtrasExisting stove, fridge, microwave/hood, washer & dryer, dishwasher, window coverings and blinds, all electrical light fixtures
royal lepage real estate services ltd.MLS® #W11954954
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
Electric
Heating
Heat Pump
Room Dimensions
Foyer
Tile Floor
9.61 x 6.04ft
Kitchen
hardwood floor, Stainless Steel Appliances, Quartz Counter
8.86 x 12.01ft
Dining
Hardwood Floor
8.86 x 5.81ft
Dining
Hardwood Floor
8.86 x 5.81ft
Living
hardwood floor, Walkout To Balcony
19.78 x 19.46ft
Primary
Hardwood Floor
19.26 x 10.01ft
2nd Bedroom
Hardwood Floor
14.24 x 8.99ft
Bathroom
4 Piece Bath
4.95 x 9.38ft
Bathroom
3 Piece Ensuite, Walk-in Closet
4.89 x 10.07ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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6/10
Walkability
Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
Unknown
Transit
7/10
Bikeability
The bike lane starts to feel like a second home.
Building Trends At Emporium Condos
Days on Strata
Units at Emporium Condos spend an average of
33
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 Iroquois Ridge North
Turnover of Units
On average, each unit is owned for
5.1
YEARS before being sold againProperty Value
2%
Increase in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 4 condos in the Iroquois Ridge North area
Sold Units
18
Units were Sold over the past twelve months
Rented Units
36
Units were Rented over the past twelve months
Best Value Rank
Emporium Condos offers the best value out of 4 condos in the Iroquois Ridge North neighbourhood
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Appreciation Rank
Emporium Condos has the highest ROI out of 4 condos in the Iroquois Ridge North neighbourhood
?
Rental Yield
Emporium Condos yields the highest rent prices out of 4 condos in the Iroquois Ridge North neighbourhood
?
High Demand
Emporium Condos is the most popular building out of 4 condos in the Iroquois Ridge North neighbourhood
?
Market Insights
Transaction Insights at Emporium Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $495,000 - $540,000 | $605,000 - $675,000 | $710,000 - $860,000 | $795,000 - $1,070,000 | No Data | No Data |
| Avg. Cost Per Sqft | $806 | $870 | $799 | $801 | No Data | No Data |
| Price Range | $2,100 - $2,550 | $2,500 - $2,750 | $2,525 - $3,600 | $3,300 - $4,300 | $3,750 - $4,900 | No Data |
| Avg. Wait for Unit Availability | 67 Days | 43 Days | 69 Days | 46 Days | 133 Days | 474 Days |
| Avg. Wait for Unit Availability | 63 Days | 32 Days | 56 Days | 81 Days | 54 Days | 334 Days |
| Ratio of Units in Building | 17% | 28% | 21% | 20% | 12% | 4% |
Market Inventory
Total number of units listed and sold in Iroquois Ridge North
