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    33 Wallace Street

    Park Lane Condominiums
    1for Sale
    1for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    4

    Number of Units:

    86

    Condo Completion:

    2003

    Condo Demand:

    Low

    Unit Size Range:

    599 - 2,200 SQFT

    Unit Availability:

    Low

    Amenities

    Rec Room
    Visitor Parking
    Party Room
    Sauna
    BBQs Allowed
    Gym
    Security System

    About 33 Wallace StreetPark Lane Condominiums

    Anyone who’s seeking a Vaughan condo for sale should definitely consider Park Lane Condominiums at 33 Wallace Street. Windleigh Holdings Corp completed this building back in 2003, but unlike other buildings of that age, maintenance fees are actually higher than average at $0.83 per-square-foot. The building is 4 storeys tall and is home to 86 suites. Units start at 599 square feet on the low end, and can go up to 2200 square feet.

    Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.63 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 33 Wallace Street is $823 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a low probability of receiving multiple offers.

    Units at Park Lane Condominiums spend 43 days on the market on average and usually sell for -2.20% below the listing price. In the last 12 months, 2 units have rented, and 5 have sold.

    The Neighbourhood

    Living here means you’re just a 4-minute walk from Sergio Ristorante/Bar, La Veranda Resto and Cento40 Trattoria, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, Big Cannoli Lane and McDonald's have you covered...

    Like to stay on top of your finances? 33 Wallace Street is only 2 away!

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Old Firehall Parkette, Woodbridge Memorial Tower and Veterans Park are less than 4 minutes walking distance from 33 Wallace Street.

    Those who love to shop will appreciate all the options nearby with Market Lane Shopping Centre just 4 minutes from here.

    When the weekend rolls around, Green Door Picture Frames and Art Network Canada Inc. are within a short 3-minute drive away.

    Park Lane Condominiums is a short drive away from Saint Catherine of Siena Catholic Elementary School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Woodbridge College and Holy Cross Catholic Academy.

    Transportation

    Transit users will need to trek a bit to Highway 7 / Helen St, the nearest light transit stop. Those who live in the area can easily drive to Vaughan Metropolitan Centre, just 15 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 160 Woodbridge Avenue, 121 Woodbridge Avenue and 112 Woodbridge Avenue.

    Maintenance Fees

    Included in Fees
    Water
    Not Included
    Hydro
    Heat
    Air Conditioning

    Listing History for Park Lane Condominiums

    Mar 31, 2025 18 days on Strata
    sold

    $780,000
    209 - 33 Wallace St W
    2
    2
    1
    1113 Sqft
    Feb 20, 2025 62 days on Strata
    sold

    $818,000Down from $849,000
    Ph5 - 33 Wallace St
    1
    2
    1
    1000 Sqft
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    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    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
    28,955
    Average Individual Income
    $74,710
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $123,003
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    19%
    50 - 64
    23%
    65+
    18%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    24%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    47%
    Semi Detached
    24%
    High Rise Apartment
    12%
    Low Rise Apartment
    9%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    10%
    Mandarin
    7%
    Cantonese
    5%
    Punjabi
    2%
    Russian
    1%
    Tagalog
    1%
    Education
    University and Above
    31%
    High School
    28%
    College
    17%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    18%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    6%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%



    Days on Strata

    Units at Park Lane Condominiums spend an average of
    43
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Woodbridge

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 36 condos in the Woodbridge area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Park Lane Condominiums offers the
    ?
    best value out of 36 condos in the Woodbridge neighbourhood

    Appreciation Rank

    Park Lane Condominiums has the
    ?
    highest ROI out of 36 condos in the Woodbridge neighbourhood

    Rental Yield

    Park Lane Condominiums yields the
    ?
    highest rent prices out of 36 condos in the Woodbridge neighbourhood

    High Demand

    Park Lane Condominiums is the
    ?
    most popular building out of 36 condos in the Woodbridge neighbourhood

    Market Insights

    Transaction Insights at Park Lane Condominiums

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$818,000$635,000 - $755,000$780,000No Data$1,260,000
    Avg. Cost Per Sqft$849$1,032$700No Data$731
    Avg. Wait for Unit Availability703 Days194 Days386 Days389 DaysNo Data
    Ratio of Units in Building12%33%37%18%3%

    Market Inventory

    Total number of units listed and sold in Woodbridge