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    Mississauga / Central Erin Mills

    401 - 4879 Kimbermount Ave

    For SalePapillon Place Condos
    $526,900
    1 Bed
    1 Bath
    1 Parking
    620 SQFT
    2 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $613/mth
    Taxes:
    $2,244 (2024)
    Cost Per Sqft:
    $850/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Walkout To Balcony, Combined with Dining
    10.3 x 10.24ft
    Dining
    Hardwood Floor, Open Concept, Combined with Living
    10.24 x 4.99ft
    Kitchen
    Ceramic Floor
    13.35 x 7.94ft

    About this Listing

    Welcome to Unit 401 at 4879 Kimbermount Ave, The 'Papillion Place'. This 1 Bedroom + 1 Bathroom 4th Floor Unit Is Perfect For First Time Buyers Looking To Take Advantage Of An Opportunistic Market. In Excellent Condition And Well Maintained. Functional Layout Spans 620Square Feet Excluding Your Balcony. New Stainless Steel Appliances (2023), Parking, and Locker. Notoriously Well-Managed Building With 24/7Concierge And Fantastic Amenities, Including Indoor Pool & Jacuzzi, Gym, Party/Billiards Room, And Terraces With BBQs For The Summer Months. Make Your Life Easier With An Unbeatable Mississauga Location. Just Minutes From Square One, Credit Valley Hospital, University of Toronto - Mississauga, Major Highways (403, 407. QEW), Transit (Multiple GO Stations/Bus Stops In Close Proximity).

    keller williams real estate associatesMLS® #W10433962

    Amenities

    Party Room
    Concierge
    BBQs Allowed
    Security System
    Rooftop Deck
    Sauna

    Explore Neighbourhood

    6/10
    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    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 Condos vs The Central Erin Mills Area

    Building Trends At Papillon Place Condos

    Days on Strata

    Units at Papillon Place Condos spend an average of
    27
    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 Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -19%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    Papillon Place Condos offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Papillon Place Condos has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Papillon Place Condos yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    Papillon Place Condos is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 4879 Kimbermount Avenue

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$470,000No Data$630,000 - $641,000No Data
    Avg. Cost Per Sqft$825No Data$733No Data
    Avg. Wait for Unit Availability80 Days158 Days58 DaysNo Data
    Ratio of Units in Building31%20%50%1%

    Transactions vs Inventory

    Total number of units listed and sold in Central Erin Mills