B-2005 - 50 Upper Mall Way

$2,5501 bd2 ba1 pk700 sqft

For RentPromenade Park Towers Building B

48 Days on Strata

Est Lease Timeframe:

24 Days

$2,550/mth

Price Cut: $2,650

1 Bed + 1

2 Bath

1 Parking

700 SQFT

Listing History

Details

Property Type:

Condo

Possession Date:

March 3, 2025

Lease Term:

1 Year

Utilities Included:

Outdoor Space:

Balcony

Furnished:

Exposure:

South West

Locker:

Owned

Laundry:

Main

Amenities

Rooftop Deck

Games Room

Guest Suites

Indoor Parking

Party Room

Gym

Media Room

Visitor Parking

Concierge

Rec Room

BBQs Allowed

About this Listing

Luxurious Brand New Condo At Promenade Park Towers. Enjoy A Sun-filled Suite With Panoramic City View. Den Can Be Used As A Bedroom. Connecting The Residences Is A Stylish Podium & An Elevated Outdoor Green Roof Terrace On The 2nd Level. With Direct Access On The Ground Floor To The Promenade Shopping Centre And Everyday Conveniences At Street Level Very Soon. Building Amenities Include A State-Of-The-Art Fitness Center, Party Room, And Outdoor Green Roof With BBQ Terrace. **EXTRAS** Fridge, Stove, Dishwasher, Washer And Dryer, Microwave, Existing Light Fixtures & Window Roller Shades. 1 Parking & 1 Locker Included.

prompton real estate services corp.MLS® #N11997118

Utilities Included

Rent Includes

Parking

Not Included

Hydro

Heat

Air Conditioning

Water

Utility Type

Air Conditioning

Central Air

Heat Source

No Data

Heating

Forced Air

Room Dimensions

Living

Laminate, Walkout To Balcony, Windows Floor to Ceiling

10.01 x 10.01ft

Dining

Laminate, Combined with Kitchen

10.01 x 21ft

Kitchen

Laminate, Combined with Dining

10.01 x 21ft

Primary

Laminate, 4 Piece Ensuite

10.99 x 9.19ft

Den

Laminate, Picture Window

10.5 x 8.99ft

Renter's Market

Balanced

Landlord's Market

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Explore Thornhill - Vaughan

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Walkability

Unknown

Transit

Unknown

Bikeability

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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

48,278

Average Individual Income

$77,889

Average Household Size

3 persons

Average Age

Average Household Income

$134,042

Dominant Housing Type

Detached

Population By Age

0 - 14

17%

15 - 19

20 - 34

20%

35 - 49

20%

50 - 64

23%

65+

16%

Household Income

$0 - $30,000

44%

$30,000+

23%

$60,000+

15%

$90,000+

$125,000+

Housing Types & Tenancy

Detached

65%

Semi Detached

15%

High Rise Apartment

Duplex

Low Rise Apartment

Marital Status

Commute

Languages (Primary Language)

English

79%

Other

Mandarin

Cantonese

Russian

Tamil

Education

University and Above

30%

High School

28%

College

19%

None

14%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

23%

Architecture & Engineering

19%

Social Sciences

13%

Health & Related Fields

12%

Humanities

Math & Computer Sciences

Education

Personal, Protective & Transportation Services

Physical Sciences

Visual & Performing Arts

Agriculture & Natural Resources

Maintenance Fees

Promenade Park Towers Building B vs The Thornhill - Vaughan Area

Building Trends At Promenade Park Towers Building B

Days on Strata

Units at Promenade Park Towers Building B spend an average of

N/A

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 a

LOW

chance of receiving

Multiple Offers

compared to other buildings in Thornhill - Vaughan

Turnover of Units

On average, each unit is owned for

N/A

YEARS before being sold again

Property Value

Increase in property value within the past twelve months

Price Ranking

N/A

Highest price per SQFT out of 48 condos in the Thornhill - Vaughan area

Sold Units

Units were Sold over the past twelve months

Rented Units

135

Units were Rented over the past twelve months

Best Value Rank

Promenade Park Towers Building B offers the

N/A

best value out of 48 condos in the Thornhill - Vaughan neighbourhood

Appreciation Rank

Promenade Park Towers Building B has the

N/A

highest ROI out of 48 condos in the Thornhill - Vaughan neighbourhood

Rental Yield

Promenade Park Towers Building B yields the

N/A

highest rent prices out of 48 condos in the Thornhill - Vaughan neighbourhood

High Demand

Promenade Park Towers Building B is the

N/A

most popular building out of 48 condos in the Thornhill - Vaughan neighbourhood

Transaction Insights at Promenade Park Towers Building B

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	No Data	No Data	No Data	No Data
Avg. Cost Per Sqft	No Data	No Data	No Data	No Data
Price Range	$2,000 - $2,400	$2,100 - $2,700	$2,700 - $2,990	$3,800
Avg. Wait for Unit Availability	No Data	No Data	No Data	No Data
Avg. Wait for Unit Availability	10 Days	3 Days	9 Days	No Data
Ratio of Units in Building	19%	60%	20%	2%