505 - 399 South Park Rd

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For SaleEdgewater at the Galleria Condos

$699,990

Price Increase: $599,990

2 Beds

2 Bath

1 Parking

910 SQFT

46 Days on Strata

Est Sell Timeframe

21 Days

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$927/mth

Taxes:

$1,973 (2024)

Cost Per Sqft:

$769/sqft

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

North East

Possession Date:

November 14, 2024

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: Gas
Heating: Forced Air

Room Dimensions

Living

Combined with Dining, Laminate

22.9 x 12.8ft

Dining

Combined with Living, Laminate

22.9 x 12.8ft

Prim Bdrm

4 Piece Ensuite, Large Window

12.99 x 10.99ft

About this Listing

Exceptional Location in the Heart of Commerce Valley! Discover this beautifully functional and sunlit 2-bedroom corner unit, offering breathtaking, unobstructed views of the park and pond. Ideal for young families, this home is just a short walk from several playgrounds and a splash pad. Enjoy the convenience of being close to top-notch amenities, schools, public transit, restaurants, health clinics, banks, and major highways (404/407/7). Recent upgrades include stylish laminate and tile flooring (2021), and modern appliances including washer/dryer, stove, dishwasher, and fridge (2022), along with fresh, contemporary paint. Two (2) lockers are included!

re/max realtron realty inc.MLS® #N9349548

Amenities

Security System

Visitor Parking

Bike Storage

Sauna

Indoor Parking

Gym Room

Explore Neighbourhood

5/10

Walkability

Halfway to a walker's paradise, you might want to invest in a hoverboard.

4/10

Transit

It's a dice roll — but hey, sometimes you roll a six!

6/10

Bikeability

The bike lane starts to feel like a second home.

Similar Listings

Price Trends

Maintenance Fees

Edgewater at the Galleria Condos vs The Commerce Valley Area

Building Trends At Edgewater at the Galleria Condos

Days on Strata

Units at Edgewater at the Galleria Condos spend an average of

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 an

AVERAGE

chance of receiving

Multiple Offers

compared to other buildings in Commerce Valley

Turnover of Units

On average, each unit is owned for

2.4

YEARS before being sold again

Property Value

Increase in property value within the past twelve months

Price Ranking

5th

Highest price per SQFT out of 18 condos in the Commerce Valley area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Edgewater at the Galleria Condos offers the

best value out of 18 condos in the Commerce Valley neighbourhood

Appreciation Rank

Edgewater at the Galleria Condos has the

highest ROI out of 18 condos in the Commerce Valley neighbourhood

Rental Yield

Edgewater at the Galleria Condos yields the

highest rent prices out of 18 condos in the Commerce Valley neighbourhood

High Demand

Edgewater at the Galleria Condos is the

most popular building out of 18 condos in the Commerce Valley neighbourhood

Transaction Insights at 385-399 South Park Road

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den	3 Bed	3 Bed + Den
Price Range	No Data	No Data	$620,000 - $724,500	$648,000	No Data	No Data
Avg. Cost Per Sqft	No Data	No Data	$828	$736	No Data	No Data
Price Range	No Data	No Data	No Data	No Data	No Data	No Data
Avg. Wait for Unit Availability	114 Days	221 Days	37 Days	747 Days	364 Days	578 Days
Avg. Wait for Unit Availability	144 Days	No Data	118 Days	No Data	475 Days	447 Days
Ratio of Units in Building	23%	3%	60%	3%	7%	6%

Transactions vs Inventory

Total number of units listed and sold in Commerce Valley