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    2662 Bloor Street W

    The Terraces of Old Mill Condos
    0for Sale
    0for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    11

    Number of Units:

    119

    Condo Completion:

    2002

    Condo Demand:

    Low

    Unit Size Range:

    569 - 2,332 SQFT

    Unit Availability:

    Low

    Property Management:

    Gpm Property Management Inc

    Amenities

    BBQs Allowed
    Indoor Pool
    Rec Room
    Indoor Parking
    Security System
    Sauna
    Concierge
    Party Room
    Lap Pool
    Rooftop Deck
    Gym Room
    Visitor Parking

    About 2662 Bloor Street WThe Terraces of Old Mill Condos

    The Terraces of Old Mill Condos was completed in 2002 by H&R Developments. While some buyers associate high maintenance fees with older buildings, maintenance fees at 2662 Bloor Street W are only $1.14 per-square-foot. These The Kingsway condos for sale offer floor plans that are more spacious than most modern condos; there are 119 suites in this 11-storey residence, and units range from 569 square feet to 2332 square feet.

    Maintenance fees at 2662 Bloor Street W are $1.14 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for a unit at 2662 Bloor Street W is $873, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at The Terraces of Old Mill Condos spend 53 days on the market on average and usually sell for -4.66% below the listing price. In the last 12 months, 0 units has rented, and 4 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Old Mill Toronto Restaurant, Goodfellas Wood Oven Pizza and Asa Sushi are all within 17 minutes walking distance from 2662 Bloor Street W. In the mornings, become a regular at The Coffee Bouquets, a quick 2-minute walk from The Terraces of Old Mill Condos.

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

    Whether you're looking to play, exercise or gather with friends — nearby parks like Old Mill Parkette, King's Mill Park North and King's Mill Park are the perfect spot for all kinds of activities.

    Enhance your personal style while living in the The Kingsway neighbourhood by visiting The Shoppes at Stonegate, Canada Pasabuy and Kingsway Mills Shopping Centre.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Niki Kavakonis Designs, Art Works Art School and Roach Tackle Folk Art less than a 2-minute drive away will give you a lift. Kingsway Theatre is just a short drive away for movie nights.

    There are plenty of nearby school choices — Sunnylea Junior School, Park Lawn Junior Middle School and Lambton-Kingsway Junior Middle School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Kingsmill Secondary School and Bishop Allen Academy.

    Transportation

    For transit users, the nearest light transit stop is Bloor St West At Old Mill Trail and is about a 1 minute walk away. Old Mill station is only 0 minutes walking distance from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 10 Old Mill Tr, 40-50 Old Mill Road and 30 Old Mill Road.

    Maintenance Fees

    Included in Fees
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Listing History for The Terraces of Old Mill Condos

    Feb 13, 202510 days on Strata
    sold

    $1,075,000Down from $1,128,000
    403 - 2662 Bloor St W
    2
    2
    1
    1232 Sqft
    View
    Feb 12, 202577 days on Strata
    sold

    $1,050,000Down from $1,099,000
    713 - 2662 Bloor St W
    2
    2
    1
    1200 Sqft
    View
    Receive listing updates for The Kingsway

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    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

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

    Population
    7,454
    Average Individual Income
    $59,747
    Average Household Size
    0 persons
    Average Age
    49
    Average Household Income
    $99,539
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    27%
    35 - 49
    19%
    50 - 64
    20%
    65+
    16%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    48%
    Detached
    27%
    Low Rise Apartment
    10%
    Semi Detached
    10%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    11%
    Cantonese
    8%
    Tagalog
    3%
    Arabic
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    36%
    High School
    27%
    College
    15%
    None
    15%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Education
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%



    Days on Strata

    Units at The Terraces of Old Mill Condos spend an average of
    53
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in The Kingsway

    Turnover of Units

    On average, each unit is owned for
    7.7
    YEARS before being sold again

    Property Value

    -52%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 13 condos in The Kingsway area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    The Terraces of Old Mill Condos offers the
    ?
    best value out of 13 condos in neighbourhood

    Appreciation Rank

    The Terraces of Old Mill Condos has the
    ?
    highest ROI out of 13 condos in neighbourhood

    Rental Yield

    The Terraces of Old Mill Condos yields the
    ?
    highest rent prices out of 13 condos in neighbourhood

    High Demand

    The Terraces of Old Mill Condos is the
    ?
    most popular building out of 13 condos in neighbourhood

    Market Insights

    Transaction Insights at The Terraces of Old Mill Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$950,000 - $1,075,000No Data
    Avg. Cost Per SqftNo DataNo Data$927No Data
    Avg. Wait for Unit Availability832 DaysNo Data115 Days191 Days
    Ratio of Units in Building4%6%66%26%

    Market Inventory

    Total number of units listed and sold in Kingsway