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    5 Cedar Lake Cres

    For SaleTerracotta Village
    $799,999
    3 Beds + 1
    4 Bath
    2 Parking
    1,900 SQFT
    15 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $397/mth
    Taxes:
    $4,648 (2024)
    Cost Per Sqft:
    $421/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    30-60 days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Family
    Walkout To Garden, Carpet, 4 Piece Bath
    15.98 x 11.75ft
    Living
    Combined with Dining, Hardwood Floor, Open Concept
    21 x 12.99ft
    Dining
    Combined with Living, Hardwood Floor, Open Concept
    21 x 12.99ft

    About this Listing

    Welcome To An Elegant Executive Townhome That Blends Sophistication With Comfort. This Stunning Residence Features Three Spacious Bedrooms And A Versatile Main-Floor Family Room That Opens To A Beautifully Landscaped Garden. The Home boasts Premium Upgrades, Including Rich Hardwood Floors, A Modern Kitchen With Sleek Granite Countertops, And Stylish Upgraded Oak Stairs. With Soaring 9-Foot Ceilings And Abundant Natural Light, The Open-Concept Layout Is Both Bright And Inviting. The Fenced Yard Provides A Serene Outdoor Retreat, Perfect For Relaxing Or Entertaining Guests. Ideally Situated In A Sought-After Neighborhood, This Home Offers Both Luxury And Convenience In One Exceptional Package.

    homelife/future realty inc.MLS® #W9396189


    Amenities

    Visitor Parking
    Gym Room
    BBQs Allowed

    Explore Neighbourhood

    1/10
    Walkability
    You may find a lonely mailbox at the corner. Best friends with your sneakers yet?
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,285
    Average Individual Income
    $63,775
    Average Household Size
    2 persons
    Average Age
    0
    Average Household Income
    $118,998
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    23%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    27%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    58%
    Semi Detached
    15%
    Low Rise Apartment
    13%
    Duplex
    12%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Punjabi
    8%
    Other
    6%
    Mandarin
    2%
    Urdu
    1%
    Tagalog
    1%
    Spanish
    1%
    Cantonese
    1%
    Education
    University and Above
    29%
    High School
    27%
    College
    23%
    None
    13%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Humanities
    6%
    Math & Computer Sciences
    6%
    Physical Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Days on Strata

    Units at Terracotta Village spend an average of
    41
    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 Bram West

    Turnover of Units

    On average, each unit is owned for
    2.7
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 12 condos in the Bram West area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Terracotta Village offers the
    ?
    N/A
    best value out of 12 condos in the Bram West neighbourhood

    Appreciation Rank

    Terracotta Village has the
    ?
    N/A
    highest ROI out of 12 condos in the Bram West neighbourhood

    Rental Yield

    Terracotta Village yields the
    ?
    N/A
    highest rent prices out of 12 condos in the Bram West neighbourhood

    High Demand

    Terracotta Village is the
    ?
    N/A
    most popular building out of 12 condos in the Bram West neighbourhood

    Transaction Insights at 1-76 Cedar Lake Crescent

    3 Bed3 Bed + Den
    Price RangeNo Data$785,000 - $850,000
    Avg. Cost Per SqftNo Data$427
    Avg. Wait for Unit Availability43 Days72 Days
    Ratio of Units in Building64%37%

    Transactions vs Inventory

    Total number of units listed and sold in Bram West