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    1624 Bloor Street

    Mississauga Terrace Condos
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    2
    Number of Units:
    50
    Condo Completion:
    1972
    Condo Demand:
    High
    Unit Size Range:
    999 - 1,899 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Mississauga Terrace Condos

    Receive listing updates for Applewood

    Amenities

    Sauna
    Gym Room
    Visitor Parking
    Security System
    Bike Storage
    Indoor Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1624 Bloor StreetMississauga Terrace Condos

    Anyone who’s seeking a Mississauga condo for sale should definitely consider Mississauga Terrace Condos at 1624 Bloor Street. a developer completed this building back in 1972, but unlike other buildings of that age, maintenance fees are actually quite reasonable at $0.70 per-square-foot. The building is 2 storeys tall and is home to 50 suites. Units start at 999 square feet on the low end, and can go up to 1899 square feet.

    This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 88. Maintenance fees are $0.70 per-square-foot, which is higher than the neighbourhood average of $0.64 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 1624 Bloor Street is $422, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at Mississauga Terrace Condos spend 16 days on the market on average and usually sell for 0.37% above the listing price. In the last 12 months, 2 units have rented, and 3 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Tim Hortons, Shell and Hero Certified Burgers are all within 7 minutes walking distance from 1624 Bloor Street. Applewood has plenty to offer coffee enthusiasts, with great cafes like Michaels Desserts, Finjan Coffee Reading and Sylvana.

    Grocery shopping is never a chore with stores such as IC Food World, Grant's Foodmart and Wisla Delicatessen in the area.

    There are a number of banks within a short drive, including RBC Royal Bank and Scotiabank for all your investment needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Burnhamdale Park, Bethesda Common and Forest Glen are less than 11 minutes walking distance from 1624 Bloor Street.

    Enhance your personal style while living in the Applewood neighbourhood by visiting Dixie Decor Centre, south common centre and Rockwood Mall.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Neilson Park Creative Centre less than a 5-minute drive away will give you a lift.

    Mississauga Terrace Condos is a short drive away from Brian W Fleming Public School, Millwood Junior School and Saint Clement Catholic School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that UCMAS Abacus & Mental Math School and Silverthorn Collegiate Institute can be reached by car in under 5 minutes.

    Transportation

    Residents have transit options in the Applewood neighbourhood; A light transit stop at Bloor St At Fieldgate Dr can carry you to your destination in no time at all. Those who live in the area can easily drive to Kipling, just 13 minutes from the building.

    Curious about similar condos in the area? Check out 1660 Bloor Street, 1615 Bloor Street and 1335-1455 Williamsport Drive — all within walking distance.

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    Explore Applewood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    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
    15,443
    Average Individual Income
    $58,891
    Average Household Size
    3 persons
    Average Age
    40
    Average Household Income
    $104,151
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    27%
    $60,000+
    15%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    35%
    High Rise Apartment
    28%
    Semi Detached
    25%
    Low Rise Apartment
    5%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    71%
    Other
    19%
    Mandarin
    3%
    Tagalog
    2%
    Spanish
    2%
    Hindi
    1%
    Cantonese
    1%
    Urdu
    1%
    Education
    University and Above
    29%
    High School
    28%
    College
    19%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Personal, Protective & Transportation Services
    4%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Mississauga Terrace Condos vs The Applewood Area

    Days on Strata

    Units at Mississauga Terrace Condos spend an average of
    16
    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 Applewood

    Turnover of Units

    On average, each unit is owned for
    16.8
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 28 condos in the Applewood area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Mississauga Terrace Condos offers the
    ?
    best value out of 28 condos in the Applewood neighbourhood

    Appreciation Rank

    Mississauga Terrace Condos has the
    ?
    highest ROI out of 28 condos in the Applewood neighbourhood

    Rental Yield

    Mississauga Terrace Condos yields the
    ?
    highest rent prices out of 28 condos in the Applewood neighbourhood

    High Demand

    Mississauga Terrace Condos is the
    ?
    most popular building out of 28 condos in the Applewood neighbourhood

    Transaction Insights at 1624 Bloor Street

    2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$430,000$615,000 - $620,000
    Avg. Cost Per SqftNo Data$386$436
    Avg. Wait for Unit Availability221 Days72 Days126 Days
    Ratio of Units in Building3%62%37%

    Unit Sales vs Inventory

    Total number of units listed and sold in Applewood