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    Nuvo At Essex II Condos
    2for Sale
    1for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    30

    Number of Units:

    334

    Condo Completion:

    2008

    Condo Demand:

    Low

    Unit Size Range:

    511 - 1,791 SQFT

    Unit Availability:

    Medium

    Property Management:

    Del Property Management Inc.

    Amenities

    Indoor Pool
    Indoor Parking
    Guest Suites
    Sauna
    Concierge
    Games Room
    Party Room
    Rooftop Deck
    Gym Room
    Visitor Parking

    About 25 Viking LaneNuvo At Essex II Condos

    Tridel is no small player when it comes to building condos, nor is it new to the game: the Toronto-based developer created its first home in 1934, and its first multi-residential building in 1961. While the same team that worked on these early developments may not have been around to see the Nuvo At Essex II Condos, this 2008-built condo at 25 Viking Lane embraces Tridel’s longstanding values of community and connectivity. As the name suggest, this building followed the completion of Nuvo at Essex I Condos.

    The high-rise tower at 25 Viking Lane reaches to 30 storeys and contains 334 Toronto condos. A concierge is stationed in the building’s two-storey lobby 24 hours a day, greeting guests, accepting packages, and assisting residents with whatever they may need.

    A concierge isn’t the only amenity offered to those living at 25 Viking Lane. Residents also have access to a party room, theatre, and barbecues, plus a gym, indoor pool, hot tub, and sauna. Friends and family are also made to feel welcome thanks to features like guest suites and visitor parking.

    The Suites

    Toronto condos for sale at 25 Viking Lane appeal to all sorts of prospective residents, from single professionals to parents. Suites contain anything from one bedroom to three bedrooms plus a den, and range from approximately 550 to 1,800 square feet. Regardless of actual square footage, all of the homes within 25 Viking Lane feel bright and airy thanks to large windows, and in some cases, private balconies.

    The Neighbourhood

    Islington & City Centre West is a great alternative to those who feel overwhelmed when thinking about the jam-packed streets in Toronto’s downtown core. Still a central business district, and therefore still a bustling neighbourhood, this Etobicoke spot also happens to be slightly less dense.

    Along Dundas Street West, locals can find restaurants ranging from eclectic, independent joints to popular fast food chains. Dundas is also a destination unto itself: dozens of murals are spread out on the sides of buildings in between Kipling and Islington, together painting a comprehensive picture of the area’s history. Other outdoor diversions in the neighbouhood include Echo Valley Park, a charming green space with the Mimico Creek running through it, Wedgewood Park Outdoor Pool, and the Islington Golf Club.

    Residents of 25 Viking Lane looking to run some errands can visit a local one-stop shop: Six Points Plaza. The plaza contains stores like Valley Farm Produce, Shoppers Drug Mart and Bulk Barn, and happens to be situated just on the other side of Dundas from the Nuvo at Essex II. Best of all, IKEA and Costco take 5 and 10 minutes to reach by car, respectively.

    Transportation

    Living at 25 Viking Lane is convenient for residents who work in Islington and City Centre West, as well as for those who commute to downtown Toronto. Even those who choose to forgo driving can walk to Kipling Station in just 4 minutes, from which they can catch GO and TTC trains heading toward the downtown core.

    As for those who prefer to drive, it’s certainly useful having both the 427 and the Gardiner Expressway so close at hand. The former can be used to reach the 401 as well as Pearson International Airport, while the latter provides access to neighbourhoods all across the southern edge of the city.

    Maintenance Fees

    Included in Fees
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Listing History for Nuvo At Essex II Condos

    Mar 28, 202522 days on Strata
    sold

    $800,000Down from $819,000
    153 - 25 VIKING Lane
    2 + 1
    3
    2
    1175 Sqft
    View
    Mar 27, 202530 days on Strata
    sold

    $570,000Down from $589,000
    1446 - 25 Viking Lane
    1 + 1
    1
    1
    700 Sqft
    View
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    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%



    Days on Strata

    Units at Nuvo At Essex II Condos spend an average of
    49
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    23
    Units were Rented over the past twelve months

    Best Value Rank

    Nuvo At Essex II Condos offers the
    ?
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Nuvo At Essex II Condos has the
    ?
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Nuvo At Essex II Condos yields the
    ?
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    Nuvo At Essex II Condos is the
    ?
    most popular building out of 74 condos in the Islington | City Centre West neighbourhood

    Market Insights

    Transaction Insights at Nuvo At Essex II Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$560,000 - $599,000$638,000 - $667,000$704,500 - $830,000No DataNo Data
    Avg. Cost Per SqftNo Data$858$801$686No DataNo Data
    Avg. Wait for Unit Availability199 Days83 Days53 Days65 Days665 DaysNo Data
    Ratio of Units in Building8%27%37%27%3%1%

    Market Inventory

    Total number of units listed and sold in Islington | City Centre West