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    For SaleThe Essex I Condos
    $739,000
    2 Beds
    2 Bath
    1 Parking
    962 SQFT
    10 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $929/mth
    Taxes:
    $2,568 (2024)
    Cost Per Sqft:
    $768/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    January 8, 2025
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Open Concept
    14.6 x 11.75ft
    Dining
    Hardwood Floor, Combined with Living, South View
    9.78 x 11.75ft
    Kitchen
    Stainless Steel Appliances, Backsplash, Walkout To Balcony
    10.17 x 9.42ft

    About this Listing

    Welcome The Essex, where luxury living meets unbeatable value; a spectacular condominium offering elegance, ambiance & sophistication plus undeniable convenience! This bright, south-facing, corner unit offers 972 square feet of turn-key living space and features a coveted split bedroom layout! This unit has seen a recent and impressive transformation with almost $25,000 in updates completed just last year! These recent updates include a fresh coat of paint, all-new appliances, stylish window coverings, light fixtures, numerous electrical updates, and so much more! Gorgeous hardwood floors throughout, beautifully updated kitchen, 2 generous bedrooms & two well-appointed bathrooms! You'll love the open-concept living area, the high ceilings and the southwest exposure which floods the space with natural light. Are you looking for a kitchen with a view?! The big & bright kitchen features upgraded appliances, wall to wall windows and a walk-out to the balcony! Located just steps from the Kipling GO Train and TTC, this transit-friendly condo makes commuting a breeze! Within easy shopping distance to Farm Boy, Six Points Plaza & Sherway Gardens! Minutes to major highways, airport & downtown core. Ideal for upsizers or downsizers; this turn-key unit ensures you enjoy an exceptional lifestyle in a vibrant community without compromising on comfort or space!

    ExtrasLove the salt water pool, sauna, hot tub & gym! Entertain family & friends with outdoor BBQ! Work on game in golf simulator & billiards rm! 24 hr concierge, guest suites & more! Maintenance fee includes heat, hydro & AC! No utility bills!

    royal lepage real estate services ltd.MLS® #W10421613


    Amenities

    Indoor Pool
    Party Room
    Visitor Parking
    Concierge
    Gym Room
    Sauna

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    4/10
    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
    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%

    Maintenance Fees

    The Essex I Condos vs The Islington | City Centre West Area

    Days on Strata

    Units at The Essex I Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    42nd
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    The Essex I Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    The Essex I Condos has the
    ?
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    The Essex I Condos yields the
    ?
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    The Essex I Condos is the
    ?
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 5229 Dundas Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$515,000 - $570,000No Data$755,000$715,000 - $815,000No DataNo Data
    Avg. Cost Per SqftNo Data$779No Data$704$654No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data157 Days101 Days176 Days86 DaysNo DataNo Data
    Ratio of Units in Building1%17%23%24%35%1%1%

    Transactions vs Inventory

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