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    Toronto / North York / Don Valley Village

    722 - 188 fairview mall Dr

    For SaleVerdé Condos
    $498,800
    1 Bed + 1
    1 Bath
    0 Parking
    575 SQFT
    3 Days on Strata
    Est Sell Timeframe
    19 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $384/mth
    Taxes:
    $2,237 (2024)
    Cost Per Sqft:
    $867/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    January 16, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    24 hr Concierge Brand new Condo, Steps to Fairview Mall and Don Mills Station. Close to T&T Supermarket. Bright And Spacious Brand New One Bedroom Plus Den, 9 Feet Ceiling, Full Washrooms, Minutes To Seneca, Fairview Mall, Public Transit. Minutes from a noteworthy Mobility Hub: Don Mills Station. TTC Bus Rapid Transit, York Region Rapid Transit and the future Light Rail Transit. 404, 401 and the DVP are minutes from Verde. Low Maintenance Fee. Residents of this condo can enjoy amenities like a Business Centre (WiFi), Bike Storage, Billiards / Table Tennis Room, along with a Yoga Studio, Dining Room, Parking Garage, Rooftop Deck, Pet Spa, Meeting Room, Gym, Outdoor Patio, Indoor Child Play Area, Guest Suites and Party Room.

    Extras1 Locker Unit Included

    re/max imperial realty inc.MLS® #C11927932

    Amenities

    Visitor Parking
    Gym Room
    Guest Suites
    Concierge
    Party Room
    Rooftop Deck

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    Unknown
    Transit
    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
    8,486
    Average Individual Income
    $56,779
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $102,755
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    18%
    50 - 64
    19%
    65+
    20%
    Household Income
    $0 - $30,000
    54%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    5%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    40%
    High Rise Apartment
    28%
    Semi Detached
    18%
    Duplex
    7%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    67%
    Mandarin
    14%
    Cantonese
    14%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    University and Above
    33%
    High School
    25%
    None
    18%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    10%
    Math & Computer Sciences
    10%
    Social Sciences
    10%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Humanities
    4%
    Education
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Verdé Condos vs The Don Valley Village Area

    Building Trends At Verdé Condos

    Days on Strata

    Units at Verdé Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Don Valley Village

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 18 condos in the Don Valley Village area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    112
    Units were Rented over the past twelve months

    Best Value Rank

    Verdé Condos offers the
    ?
    best value out of 18 condos in the Don Valley Village neighbourhood

    Appreciation Rank

    Verdé Condos has the
    ?
    highest ROI out of 18 condos in the Don Valley Village neighbourhood

    Rental Yield

    Verdé Condos yields the
    ?
    highest rent prices out of 18 condos in the Don Valley Village neighbourhood

    High Demand

    Verdé Condos is the
    ?
    most popular building out of 18 condos in the Don Valley Village neighbourhood

    Transaction Insights at 188 Fairview Mall Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$351,000 - $415,000$468,000$510,000 - $643,000$775,000$795,000No DataNo Data
    Avg. Cost Per Sqft$1,008$1,011$882$1,088$744No DataNo Data
    Avg. Wait for Unit Availability61 Days52 Days70 DaysNo Data337 DaysNo DataNo Data
    Ratio of Units in Building10%20%43%22%4%1%2%

    Transactions vs Inventory

    Total number of units listed and sold in Don Valley Village