1703 - 4850 Glen Erin Dr
For RentPapillon Place III CondosEst Lease Timeframe 8 Days
$3,000/mth
Price Cut: $3,400
2 Beds
2 Bath
1 Parking
844 SQFT
98 Days on Strata
Listing History
Unit Highlights
Possession Date:
November 15, 2024
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North West
Locker:
Owned
Laundry:
Ensuite
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Bathroom
4 Piece Bath
5.35 x 7.61ft
Bathroom
4 Piece Ensuite
4.86 x 8.53ft
Bedroom
13.52 x 7.81ft
About this Listing
Central Mississauga Location, Premium Corner And Steps From All Major Conveniences. Public Transit At Doorstep. Across From Loblaws, Erin Mills Town Centre Shopping And John C Pallett Park. Walking Distance To Two Elementary Schools And Many Shops, Restaurants And Amenities. Well Maintained Corner Unit Features A Large Nw Facing Balcony, An Ensuite Bathroom In The Large Master Bedroom And A Bright Open Concept Living Room.1 Parking Spot And Locker Included.
jdl realty inc.MLS® #W9351630
Amenities
Party Room
Concierge
Indoor Parking
Security System
Games Room
Sauna
Explore Neighbourhood
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
6/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
5/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Similar Listings
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
Household Income
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%
Price Trends
Maintenance Fees
Papillon Place III Condos vs The Central Erin Mills Area
Building Trends At Papillon Place III Condos
Days on Strata
Units at Papillon Place III Condos spend an average of
29
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Central Erin Mills
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 46 condos in the Central Erin Mills area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
21
Units were Rented over the past twelve months
Best Value Rank
Papillon Place III Condos offers the best value out of 46 condos in the Central Erin Mills neighbourhood
?
Appreciation Rank
Papillon Place III Condos has the highest ROI out of 46 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Papillon Place III Condos yields the highest rent prices out of 46 condos in the Central Erin Mills neighbourhood
?
High Demand
Papillon Place III Condos is the most popular building out of 46 condos in the Central Erin Mills neighbourhood
?
Transaction Insights at 4850 Glen Erin Drive
1 Bed | 1 Bed + Den | 2 Bed | |
---|---|---|---|
Price Range | $510,000 - $527,000 | $538,000 - $575,000 | $600,000 - $750,000 |
Avg. Cost Per Sqft | $852 | $907 | $813 |
Price Range | $2,300 - $2,400 | $2,350 - $2,650 | $2,300 - $3,350 |
Avg. Wait for Unit Availability | 86 Days | 120 Days | 65 Days |
Avg. Wait for Unit Availability | 51 Days | 128 Days | 40 Days |
Ratio of Units in Building | 29% | 19% | 54% |
Transactions vs Inventory
Total number of units listed and leased in Central Erin Mills