5 Emerald Lane
Building Details
Listing History for Eiffel Towers II Condos
Amenities
Maintenance Fees
About 5 Emerald Lane — Eiffel Towers II Condos
Anyone who’s seeking a Vaughan condo for sale should definitely consider Eiffel Towers II Condos at 5 Emerald Lane. Menkes completed this building back in 2001, but unlike other buildings of that age, maintenance fees are actually quite reasonable at $0.71 per-square-foot. The building is 11 storeys tall and is home to 138 suites. Units start at 561 square feet on the low end, and can go up to 1500 square feet.
This condo has a Walk Score of 73 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.71 per-square-foot, which is lower than the neighbourhood average of $0.72 per-square-foot.
The Suites
The average cost per-square-foot for units at 5 Emerald Lane is $710, based on the past 12 months of sales, and units tend to sell within 35 days of being listed. 5 units have been rented in the previous 12 months, and 8 units have been sold. Suites often sell for -2.15% below the listing price and have a medium chance of receiving multiple offers.
The Neighbourhood
Living here means you’re just a 9-minute walk from The Indian Cuisine, Subway and Gino's Pizza, making it easy to dazzle your taste buds without much effort. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 15 minutes to get to Chai Paratha Toronto, Starbucks and Second Cup.
Grocery shopping can feel like a chore — but not when Metro, H Mart and FreshCo are just an easy 15-minute walk away.
Eiffel Towers II Condos is a great choice for residents who are money conscious — with banks like CIBC Branch with ATM and Scotiabank nearby.
Having Emerald Lane Parkette, Moore Park and Vaughan Crest Park within 14 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.
Like to shop? Everything you need is close by when you live at 5 Emerald Lane, including Yorkville North, Centerpoint Mall and Promenade Shopping Centre which are only 4 away.
Art and culture seekers can enjoy amazing attractions nearby like Philip Winestone Photographs, Michel Socha Art Studio and Orlov Art Gallery, less than 16 minutes walking distance from here.
There are plenty of nearby school choices — Pleasant Public School and Rockford Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that UCMAS Abacus & Mental Math School, Newtonbrook Secondary School and North West Year Round Alternative Centre can be reached by car in under 3 minutes.
Transportation
Transit users aren’t far from a light transit stop at Steeles Ave West At Emerald Lane. Finch Station is about a 7-minute drive from the building.
Curious about similar condos in the area? Check out 745-751 Steeles Avenue W, 1 Emerald Lane and 8 Brighton Place — all within walking distance.
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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.
Price Trends
Maintenance Fees
Building Trends At Eiffel Towers II Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 5 Emerald Lane
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $485,018 - $508,000 | $530,000 | $567,000 - $670,000 | No Data | No Data |
Avg. Cost Per Sqft | $778 | $605 | $638 | No Data | No Data |
Price Range | $2,300 - $2,400 | No Data | $2,500 - $3,000 | No Data | No Data |
Avg. Wait for Unit Availability | 123 Days | 350 Days | 80 Days | No Data | No Data |
Avg. Wait for Unit Availability | 143 Days | 1102 Days | 110 Days | No Data | No Data |
Ratio of Units in Building | 33% | 11% | 53% | 3% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Thornhill - Vaughan