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    2555 Thomas Street

    Thomas Grove II Townhomes
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    65
    Condo Completion:
    1994
    Condo Demand:
    Low
    Unit Size Range:
    1,236 - 2,200 SQFT
    Unit Availability:
    Low

    Listing History for Thomas Grove II Townhomes

    Receive listing updates for Central Erin Mills

    Amenities

    Visitor Parking
    BBQs Allowed
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2555 Thomas StreetThomas Grove II Townhomes

    Anyone who’s seeking a Mississauga condo for sale should consider Thomas Grove II Townhomes at 2555 Thomas Street. a developer completed this building back in 1994, but unlike other buildings of that age, maintenance fees are very low at $0.22 per-square-foot. The 1-storey building is home to 65 suites with units ranging between 1236 and 2200 square feet.

    Maintenance fees at 2555 Thomas Street are only $0.22, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 2555 Thomas Street: 2 units have been sold in the past 12 months, and 3 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $500 and units tend to sell for 2.06% above the list price. Units at 2555 Thomas Street have a medium probability of receiving more than one offer. On average, a suite will spend 37 days on the market.

    The Neighbourhood

    Living here means you’re just a 15-minute walk from Pizzaville, Subway and Bento Sushi, making it easy to dazzle your taste buds without much effort. Central Erin Mills has plenty to offer coffee enthusiasts, with great cafes like McDonald's, Starbucks and Doris' Bistro-Cafe.

    Grocery shopping is never a chore with stores such as Longo's Glen Erin and SUNNYVALE SUPERMARKET in the area.

    Planning for your future is easy with Scotiabank in the area.

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

    Like to shop? Everything you need is close by when you live at 2555 Thomas Street, including Dowling Plaza, Tannery Gate mall and Erin Mills Latin Dance Club which are only 4 away.

    When the weekend rolls around, Arta Muro and Culture Rising Streetsville are within a short 4-minute drive away.

    There are plenty of nearby school choices — Kendellhurst Academy Private School and Saint Joseph Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Streetsville Secondary School, John Fraser Secondary School and St. Aloysius Gonzaga Secondary School.

    Transportation

    Transit users will need to trek a bit to Streetsville GO Station Parking Lot, 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 5255 Palmetto Place, 2665 Thomas Street and 5662 Glen Erin Drive.

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    Explore Central Erin Mills

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    3/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar condos

    Demographics

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

    Population
    7,389
    Average Individual Income
    $57,605
    Average Household Size
    3 persons
    Average Age
    38
    Average Household Income
    $114,469
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    44%
    Low Rise Apartment
    6%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    75%
    Other
    9%
    Punjabi
    8%
    Tagalog
    2%
    Spanish
    2%
    Urdu
    2%
    Hindi
    1%
    Gujarati
    1%
    Education
    High School
    32%
    University and Above
    23%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    22%
    Social Sciences
    11%
    Health & Related Fields
    9%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Thomas Grove II Townhomes vs The Central Erin Mills Area

    Days on Strata

    Units at Thomas Grove II Townhomes spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Thomas Grove II Townhomes offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Thomas Grove II Townhomes has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Thomas Grove II Townhomes yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    Thomas Grove II Townhomes is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 2555 Thomas Street

    3 Bed3 Bed + Den
    Price Range$885,000$952,000
    Avg. Cost Per Sqft$529$454
    Avg. Wait for Unit Availability77 Days274 Days
    Ratio of Units in Building65%36%

    Unit Sales vs Inventory

    Total number of units listed and sold in Central Erin Mills