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    78 - 2205 South Millway

    For Sale2205 South Millway Townhomes
    $949,000
    3 Beds
    3 Bath
    2 Parking
    1,700 SQFT
    30 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $496/mth
    Taxes:
    $3,658 (2024)
    Cost Per Sqft:
    $558/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Walkout To Yard, Gas Fireplace
    11.48 x 16.73ft
    Dining
    Hardwood Floor, O/Looks Living
    10.5 x 13.32ft
    Kitchen
    Open Concept, Granite Counter, Stainless Steel Appliances
    9.19 x 15.42ft

    About this Listing

    Spacious, Quality Daniels Built 3 Bedroom 3 Bathroom Townhome In Sought After Erin Mills! This Spacious Unit Boasts Over 1700sqft Of Living Space. The Large Finished Basement Adds Additional Living Space With A Recreation Room, Laundry Facilities And Storage Area. The Main Floor Features A Custom Built Renovated Open Concept Kitchen With Granite Countertops, Stainless Steel Appliances And A Separate Breakfast Area. Elegant Living And Dining Room With Hardwood Floors And Gas Fireplace. Backing Onto Greenspace The View To The Yard With Playground Sets This Unit Apart! Upstairs You Will Find A Spacious Primary Bedroom With His/Her Closets And 3 Piece Bathroom. Additionally, There Are Generously Sized 2nd And 3rd Bedrooms. This Property Combines Comfort, Elegance And Practicality Making It An Ideal Choice Of Modern Living.

    royal lepage realty centreMLS® #W9265347


    Amenities

    Visitor Parking
    Outdoor Pool
    BBQ
    Indoor Parking

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    2205 South Millway Townhomes vs The Erin Mills Area

    Days on Strata

    Units at 2205 South Millway Townhomes spend an average of
    13
    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
    entire list price

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    9.9
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 47 condos in the Erin Mills area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    2205 South Millway Townhomes offers the
    ?
    best value out of 47 condos in the Erin Mills neighbourhood

    Appreciation Rank

    2205 South Millway Townhomes has the
    ?
    highest ROI out of 47 condos in the Erin Mills neighbourhood

    Rental Yield

    2205 South Millway Townhomes yields the
    ?
    highest rent prices out of 47 condos in the Erin Mills neighbourhood

    High Demand

    2205 South Millway Townhomes is the
    ?
    most popular building out of 47 condos in the Erin Mills neighbourhood

    Transaction Insights at 2205 South Millway

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$900,000$810,000
    Avg. Cost Per SqftNo DataNo Data$499$470
    Avg. Wait for Unit Availability415 DaysNo Data105 Days658 Days
    Ratio of Units in Building15%3%69%15%

    Transactions vs Inventory

    Total number of units listed and sold in Erin Mills