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    Mississauga / Central Erin Mills

    808 - 4850 Glen Erin Dr

    For SalePapillon Place III Condos
    $599,888
    2 Beds
    2 Bath
    2 Parking
    900 SQFT
    7 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $857/mth
    Taxes:
    $3,408 (2024)
    Cost Per Sqft:
    $667/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    October 9, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Other
    Heating
    Forced Air

    Room Dimensions

    Living
    18.93 x 10.27ft
    Dining
    18.93 x 9.84ft
    Kitchen
    7.94 x 8.99ft

    About this Listing

    Rarely available end unit with 2 parking spaces and a locker. This bright and spacious 2-bedroom, 2-bathroom home features recent updates including fresh paint, new flooring in the main living areas, and modern Zebra blinds on all windows. Move-in ready with a functional layout, it offers stunning panoramic southwest views of Mississauga and green spaces. The open-concept design is situated in a well-maintained building with numerous amenities. Conveniently located within walking distance of schools, malls, entertainment, and restaurants, with transit options on Eglinton and Glen Erin. This unit is in excellent condition and ready to impress

    international realty firm, inc.MLS® #W9389842

    Amenities

    Concierge
    Rooftop Deck
    Party Room
    Sauna
    Games Room
    Indoor Pool

    Explore Neighbourhood

    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!'

    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 III Condos vs The Central Erin Mills Area

    Building Trends At Papillon Place III Condos

    Days on Strata

    Units at Papillon Place III Condos spend an average of
    31
    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
    5.8
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 4850 Glen Erin Drive

    1 Bed1 Bed + Den2 Bed
    Price Range$510,000 - $527,000$538,000 - $575,000$600,000 - $750,000
    Avg. Cost Per Sqft$852$907$850
    Avg. Wait for Unit Availability86 Days121 Days65 Days
    Ratio of Units in Building29%19%54%

    Transactions vs Inventory

    Total number of units listed and sold in Central Erin Mills