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    Mississauga / Erindale

    PH703 - 1001 Cedarglen Gate

    For SaleLansdowne Condos
    $624,900
    2 Beds + 1
    2 Bath
    1 Parking
    1,000 SQFT
    37 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $949/mth
    Taxes:
    $2,203 (2023)
    Cost Per Sqft:
    $625/sqft
    Locker:
    Exclusive
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    October 15, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Open Concept, O/Looks Frontyard
    23.62 x 11.16ft
    Dining
    Open Concept, O/Looks Living, Laminate
    23.62 x 11.16ft
    Kitchen
    Ceramic Floor, Modern Kitchen
    8.46 x 7.35ft

    About this Listing

    Welcome to this rare find - well over 1000 sqft, all utilities inclusive Penthouse - a stunning unit located in a very quiet, exceptionally maintained building with only 7 floors. Enjoy panoramic views and abundant natural sunlight throughout the day. This meticulously styled penthouse has been recently renovated, featuring beautiful high-end laminate flooring (2020), upgraded bathrooms (2020) with new shower fixtures (July 2020), and fresh paint throughout (2020). The kitchen has been upgraded with pot lights and new window coverings (2020), complemented by stainless steel appliances (2019). The baseboards have also been replaced (2020). Conveniently situated within walking distance to Huron Park, bus stops, shopping, doctors, and schools. It is also close to UTM, Square One, GO Transit, and major highways. This is an exceptional listing you won't want to miss!

    bay street group inc.MLS® #W9256671

    Amenities

    Security System
    Gym Room
    Party Room
    Indoor Pool
    Guest Suites
    Concierge

    Explore Neighbourhood

    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
    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
    8,182
    Average Individual Income
    $58,679
    Average Household Size
    3 persons
    Average Age
    39
    Average Household Income
    $117,812
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    30%
    $60,000+
    17%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    57%
    Semi Detached
    29%
    Duplex
    7%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    78%
    Other
    8%
    Punjabi
    7%
    Tagalog
    2%
    Spanish
    2%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    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
    23%
    Architecture & Engineering
    21%
    Social Sciences
    13%
    Health & Related Fields
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Lansdowne Condos vs The Erindale Area

    Building Trends At Lansdowne Condos

    Days on Strata

    Units at Lansdowne Condos spend an average of
    9
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Erindale

    Turnover of Units

    On average, each unit is owned for
    7
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 25 condos in the Erindale area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Lansdowne Condos offers the
    ?
    best value out of 25 condos in the Erindale neighbourhood

    Appreciation Rank

    Lansdowne Condos has the
    ?
    highest ROI out of 25 condos in the Erindale neighbourhood

    Rental Yield

    Lansdowne Condos yields the
    ?
    highest rent prices out of 25 condos in the Erindale neighbourhood

    High Demand

    Lansdowne Condos is the
    ?
    most popular building out of 25 condos in the Erindale neighbourhood

    Transaction Insights at 1001 Cedarglen Gate

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$470,000 - $482,500$567,000$584,000 - $626,250No Data
    Avg. Cost Per Sqft$623$565$599No Data
    Avg. Wait for Unit Availability393 DaysNo Data97 Days83 Days
    Ratio of Units in Building10%1%44%46%

    Transactions vs Inventory

    Total number of units listed and sold in Erindale