Maintenance Fees
Papillon Place II Condos vs The Central Erin Mills Area
1501 - 4889 Kimbermount Ave
$2,3001 bd1 ba1 pk627 sqft
For RentPapillon Place II Condos
12 Days on Strata
$2,300/mth
1 Bed
1 Bath
1 Parking
627 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
June 1st
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North West
Locker:
Owned
Laundry:
Main
Amenities
Indoor Pool
Rooftop Deck
Sauna
Games Room
Indoor Parking
Party Room
Gym
Media Room
Visitor Parking
Concierge
BBQs Allowed
About this Listing
Fantastic opportunity to live in this beautiful 1 bedroom suite in Papillon Place II! With its modern design & proximity to shopping, dining & recreational options, this is the ultimate urban living experience. The kitchen features sleek cabinetry, stainless steel appliances & granite countertops. For outdoor enthusiasts, nearby parks & green spaces provide the perfect setting for a leisurely stroll or bike ride. With easy access to major highways & public transportation, commuting to downtown Toronto or other parts of the Greater Toronto Area is a breeze. Amenities include 24 hour concierge/security, indoor pool, gym, ample visitor parking & party/games room. Heat, hydro & water included! Fridge, stove, dishwasher, washer/dryer, microwave. Steps to schools, parks, transit, Credit Valley Hospital, Erin Mills Town Centre plus plenty of shopping & dining options. Easy access to hwys. 403, 401 & 407.
keller williams real estate associatesMLS® #W12070633
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Heat
Water
Parking
Building Maintenance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Kitchen
Ceramic Floor, Granite Counter, Breakfast Bar
13.26 x 8.1ft
Living
Laminate, Combined with Dining, Walkout To Balcony
11.45 x 10.17ft
Dining
Laminate, Combined with Living, Open Concept
11.45 x 10.17ft
Bedroom
Laminate, Double Closet, North View
13.55 x 9.61ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
Explore Central Erin Mills
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7/10
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!'
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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
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
Household Income
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%
Building Trends At Papillon Place II Condos
Days on Strata
Units at Papillon Place II Condos spend an average of
41
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Central Erin Mills
Turnover of Units
On average, each unit is owned for
6.1
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
14th
Highest price per SQFT out of 46 condos in the Central Erin Mills area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
18
Units were Rented over the past twelve months
Best Value Rank
Papillon Place II Condos offers the best value out of 46 condos in the Central Erin Mills neighbourhood
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Appreciation Rank
Papillon Place II Condos has the highest ROI out of 46 condos in the Central Erin Mills neighbourhood
?
Rental Yield
Papillon Place II Condos yields the highest rent prices out of 46 condos in the Central Erin Mills neighbourhood
?
High Demand
Papillon Place II Condos is the most popular building out of 46 condos in the Central Erin Mills neighbourhood
?
Market Insights
Transaction Insights at Papillon Place II Condos
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | No Data | $480,000 - $500,000 | $548,000 - $675,000 |
| Avg. Cost Per Sqft | No Data | $749 | $749 |
| Price Range | $2,400 - $2,600 | $2,450 - $2,750 | $1,300 - $3,300 |
| Avg. Wait for Unit Availability | 109 Days | 132 Days | 64 Days |
| Avg. Wait for Unit Availability | 74 Days | 151 Days | 44 Days |
| Ratio of Units in Building | 30% | 17% | 55% |
Market Inventory
Total number of units listed and leased in Central Erin Mills
