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    $469,0001 bd1 ba1 pk495 sqft
    2 Days on Strata
    Est Sell Timeframe:
    15 Days
    $469,000
    1 Bed + 1
    1 Bath
    1 Parking
    495 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $577/mth

    Taxes:

    $1,445 (2024)

    Cost Per Sqft:

    $947/sqft

    Outdoor Space:

    None

    Locker:

    Owned

    Exposure:

    South East

    Possession Date:

    Flexible

    Amenities

    Indoor Parking
    Visitor Parking
    Car Wash
    Party Room
    Indoor Pool
    Guest Suites
    Gym
    Concierge
    Sauna

    About this Listing

    Welcome to The Residences at Kingsgate! Perfectly situated just steps from Kipling Subway Station, Go Station and Mississauga Transit, this stunning suite offers the ideal blend of modern style and everyday comfort. Over $50,000 spent on renovations including Upgraded flooring and contemporary fixtures flow throughout the open-concept layout and fully renovated kitchen that is a chefs delight, showcasing quartz countertops, a stylish stone tile backsplash, an undermount stainless steel sink, updated cabinetry, and a quartz breakfast bar. It comes complete with stainless steel appliances, including a fridge, stove, dishwasher, and microwave. This stunning unit features 8-foot ceilings and floor-to-ceiling windows that flood the space with natural light and offer breathtaking, unobstructed views stretching all the way to downtown Toronto and the lake! The spacious bedroom features a large window and closet space, while the versatile den is perfect for a home office or additional living area or storage space.. The upgraded 4-piece bathroom offers a spa-like retreat with modern finishes. Enjoy exceptional building amenities including a 24-hour concierge, visitor parking, guest suites, indoor swimming pool, whirlpool, fitness centre, sauna, recreation room, and a beautifully landscaped courtyard with BBQ area. Includes: One parking space, storage locker, and all utilities (water, gas, heat, and hydro). Just move in and enjoy effortless condo living at its finest!

    ExtrasS/S Stove, Microwave/Hood Fan, Fridge & Dishwasher, Washer/Dryer, Bedroom Closet, All Electrical Fixtures, Window Coverings.

    royal lepage signature realtyMLS® #W12090124

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Foyer

    Laminate, Double Closet, Led Lighting

    12.4 x 3.71ft

    Kitchen

    Stainless Steel Appliances, Quartz Counter, Custom Backsplash

    7.19 x 8.6ft

    Den

    Laminate

    8.1 x 5.41ft

    Living

    Large Window, Laminate, Led Lighting

    10.01 x 9.81ft

    Bedroom

    Large Window, Closet, Laminate

    10.89 x 8.1ft

    Laundry

    Laminate, Closet Organizers

    7.09 x 4.79ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    7/10
    Walkability
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    10/10
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    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    4/10
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    Your bike will know every pothole personally. It's that intimate.

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    Demographics

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

    Population
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%


    Days on Strata

    Units at The Residences at Kingsgate spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    8.1
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    44th
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    The Residences at Kingsgate offers the
    ?
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    The Residences at Kingsgate has the
    ?
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    The Residences at Kingsgate yields the
    ?
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    The Residences at Kingsgate is the
    ?
    most popular building out of 74 condos in the Islington | City Centre West neighbourhood

    Market Insights

    Transaction Insights at The Residences at Kingsgate

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$429,800 - $485,000$452,000$550,000 - $605,000No DataNo Data
    Avg. Cost Per SqftNo Data$728$943$605No DataNo Data
    Avg. Wait for Unit Availability454 Days59 Days743 Days39 Days1163 DaysNo Data
    Ratio of Units in Building4%41%1%53%1%2%

    Market Inventory

    Total number of units listed and sold in Islington | City Centre West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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