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    5070 Fairview Street

    Terraces in The Village Condos
    4for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    6
    Number of Units:
    70
    Condo Completion:
    2007
    Condo Demand:
    High
    Unit Size Range:
    649 - 1,500 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Terraces in The Village Condos

    Receive listing updates for Pinedale Sheldon Creek

    Amenities

    Party Room
    Car Wash
    Visitor Parking
    Indoor Parking
    Security System
    Bike Storage

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 5070 Fairview StreetTerraces in The Village Condos

    Terraces in The Village Condos is a Burlington condo located at 5070 Fairview Street in the Pinedale Sheldon Creek neighbourhood. The condo was completed in 2007 and features 70 units over 6 storeys. Burlington condo for sale here range from 649 square feet, up to 1500 square feet.

    Maintenance fees are $0.45 per-square-foot, which is lower than the neighbourhood average of $0.54 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 5070 Fairview Street is $611 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a low probability of receiving multiple offers.

    Units at Terraces in The Village Condos spend 21 days on the market on average and usually sell for -0.31% below the listing price. In the last 12 months, 1 units has rented, and 2 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Oh Bombay - Burlington, Dairy Queen Grill & Chill and Chef Grande Mediterranean Cuisine are all within 8 minutes walking distance from 5070 Fairview Street. Get to know Pinedale Sheldon Creek by exploring local cafes like Starbucks and McDonald's.

    There are a number of grocery stores within a short drive, including M&M Food Market.

    There are a number of banks within a short drive, including BMO Bank of Montreal for all your investment needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Sheraton Park, Frontenac Park and Longmoor Park are the perfect spot for all kinds of activities.

    Enhance your personal style while living in the Pinedale Sheldon Creek neighbourhood by visiting Appleby Village, Appleby Square and Appleby South.

    When the weekend rolls around, Art Studio & Gallery - NESAART are within a short 4-minute drive away.

    Terraces in The Village Condos is a short drive away from Frontenac Public School, Ascension Catholic Elementary School and Mohawk Gardens Public School, giving you plenty of choice for your child’s education.

    Transportation

    Transit users will need to trek a bit to Walkers at Fairview, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 4450 Fairview Street, 5090 Pinedale Avenue and 5005-5061 Pinedale Avenue.

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    4

    Listings For Sale

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    Explore Pinedale Sheldon Creek

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

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

    Population
    917
    Average Individual Income
    $49,200
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $104,000
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    21%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    31%
    $60,000+
    13%
    $90,000+
    4%
    $125,000+
    1%
    Housing Types & Tenancy
    Semi Detached
    49%
    Low Rise Apartment
    33%
    Detached
    13%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    77%
    Punjabi
    8%
    Other
    8%
    Vietnamese
    3%
    Hindi
    2%
    Urdu
    1%
    Tagalog
    1%
    Education
    High School
    26%
    None
    23%
    College
    20%
    University and Above
    19%
    Apprenticeship
    6%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    34%
    Health & Related Fields
    14%
    Architecture & Engineering
    14%
    Personal, Protective & Transportation Services
    9%
    Math & Computer Sciences
    7%
    Humanities
    6%
    Physical Sciences
    4%
    Social Sciences
    4%
    Education
    2%

    Maintenance Fees

    Terraces in The Village Condos vs The Pinedale Sheldon Creek Area

    Days on Strata

    Units at Terraces in The Village Condos spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Pinedale Sheldon Creek

    Turnover of Units

    On average, each unit is owned for
    8.3
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 12 condos in the Pinedale Sheldon Creek 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

    Terraces in The Village Condos offers the
    ?
    best value out of 12 condos in the Pinedale Sheldon Creek neighbourhood

    Appreciation Rank

    Terraces in The Village Condos has the
    ?
    highest ROI out of 12 condos in the Pinedale Sheldon Creek neighbourhood

    Rental Yield

    Terraces in The Village Condos yields the
    ?
    highest rent prices out of 12 condos in the Pinedale Sheldon Creek neighbourhood

    High Demand

    Terraces in The Village Condos is the
    ?
    most popular building out of 12 condos in the Pinedale Sheldon Creek neighbourhood

    Transaction Insights at 5070 Fairview Street

    1 Bed2 Bed2 Bed + Den3 Bed
    Price Range$550,000$795,000No DataNo Data
    Avg. Cost Per Sqft$583$643No DataNo Data
    Avg. Wait for Unit Availability267 Days134 Days651 DaysNo Data
    Ratio of Units in Building21%67%12%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Pinedale Sheldon Creek