407 - 5150 Winston Churchill Blvd
For SaleDestination Drive ll CondosEst Sell Timeframe 9 Days
$389,999
Studio
1 Bath
1 Parking
499 SQFT
90 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$414/mth
Taxes:
$1,728 (2024)
Cost Per Sqft:
$782 - $977/sqft
Locker:
None
Outdoor Space:
Balcony
Exposure:
East
Possession Date:
October 25, 2024
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Air Conditioning
Water
Parking
Building Maintenance
Excluded
Hydro
Heat
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Combined with Dining
19.98 x 17ft
About this Listing
This cozy bachelor suite in the prime neighbourhood of Churchill Meadows is a perfect starter home if you're looking to jump into the market or for investors looking for a solid rental property at a great price! Featuring ceramic flooring, a large ensuite laundry, a 3 piece bathroom, tons of cupboard space and mirrored closets. Includes one above- ground parking spot.
royal lepage signature realtyMLS® #W9255369
Amenities
BBQs Allowed
Visitor Parking
Bike Storage
Indoor Parking
Explore Neighbourhood
6/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
5/10
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
12,764
Average Individual Income
$58,909
Average Household Size
2 persons
Average Age
37
Average Household Income
$113,327
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
42%
Semi Detached
42%
Low Rise Apartment
9%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
76%
Punjabi
9%
Other
9%
Spanish
2%
Urdu
2%
Tagalog
1%
Hindi
1%
Education
High School
32%
University and Above
24%
College
20%
None
16%
Apprenticeship
4%
University Below Batchelor
2%
Major Field of Study
Business Management
27%
Architecture & Engineering
18%
Health & Related Fields
13%
Social Sciences
9%
Math & Computer Sciences
6%
Humanities
5%
Personal, Protective & Transportation Services
4%
Physical Sciences
4%
Education
4%
Visual & Performing Arts
3%
Price Trends
Maintenance Fees
Destination Drive ll Condos vs The Churchill Meadows Area
Building Trends At Destination Drive ll Condos
Days on Strata
Units at Destination Drive ll Condos spend an average of
26
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Churchill Meadows
Turnover of Units
On average, each unit is owned for
1.7
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 17 condos in the Churchill Meadows area
Sold Units
24
Units were Sold over the past twelve months
Rented Units
28
Units were Rented over the past twelve months
Best Value Rank
Destination Drive ll Condos offers the best value out of 17 condos in the Churchill Meadows neighbourhood
?
Appreciation Rank
Destination Drive ll Condos has the highest ROI out of 17 condos in the Churchill Meadows neighbourhood
?
Rental Yield
Destination Drive ll Condos yields the highest rent prices out of 17 condos in the Churchill Meadows neighbourhood
?
High Demand
Destination Drive ll Condos is the most popular building out of 17 condos in the Churchill Meadows neighbourhood
?
Transaction Insights at 3015-3025 Destination Drive
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | $380,000 | $525,000 - $610,000 | No Data | $655,000 - $780,000 | No Data | $775,000 - $950,000 | $950,000 |
Avg. Cost Per Sqft | $999 | $825 | No Data | $627 | No Data | $589 | $599 |
Price Range | $1,750 - $1,850 | $2,150 - $2,599 | No Data | $2,700 - $3,700 | $2,700 | $3,250 - $3,500 | $3,600 |
Avg. Wait for Unit Availability | 228 Days | 28 Days | 300 Days | 25 Days | 178 Days | 19 Days | 170 Days |
Avg. Wait for Unit Availability | 187 Days | 28 Days | 196 Days | 20 Days | 419 Days | 24 Days | 120 Days |
Ratio of Units in Building | 3% | 27% | 2% | 23% | 3% | 38% | 7% |
Transactions vs Inventory
Total number of units listed and sold in Churchill Meadows