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    Mississauga / Erin Mills

    61 - 3500 South Mills Way

    For Sale3500 South Millway Townhomes
    $850,000
    3 Beds
    4 Bath
    4 Parking
    1,502 SQFT
    29 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $717/mth
    Taxes:
    $2,236 (2024)
    Cost Per Sqft:
    $566/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    West
    Possession Date:
    Flexible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Crown Moulding, O/Looks Backyard
    17.72 x 11.48ft
    Dining
    Laminate, Crown Moulding, Walkout To Yard
    12.3 x 10.01ft
    Kitchen
    Backsplash, Ceramic Floor, Breakfast Area
    10.66 x 10.01ft

    About this Listing

    Well Maintained End Unit Townhouse Located In Prime Erin Mills. Double Car Garage W/Access To Home, Open Concept Living/Dining, Kitchen W/Breakfast Bar, Back Splash, S/S Appl, Laminate Flrs, Staircase, Powder Rm. Master Bed W/ 5 Pc NetSuite W/Soaker Tub & Sep Shower, Spacious Bedrooms W/Hardwood Flrs, Finished Basement W/ Gas Fireplace, W/O To Private Backyard, Safe &Friendly Complex W/Outdoor Swimming Pool. Direct Public Bus Route to U of T Campus. Steps Away from Smart Centre, Amenities, Rec Centre, Hospital, Parks, Walking Trails and Close to GO Train and 403/407 HWY Access.

    iqi global real estateMLS® #W9770265

    Amenities

    Visitor Parking
    Indoor Parking
    BBQs Allowed
    Outdoor Pool

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

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

    Population
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    3500 South Millway Townhomes vs The Erin Mills Area

    Building Trends At 3500 South Millway Townhomes

    Days on Strata

    Units at 3500 South Millway Townhomes spend an average of
    15
    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 Erin Mills

    Turnover of Units

    On average, each unit is owned for
    7.8
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 45 condos in the Erin Mills area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    3500 South Millway Townhomes offers the
    ?
    best value out of 45 condos in the Erin Mills neighbourhood

    Appreciation Rank

    3500 South Millway Townhomes has the
    ?
    highest ROI out of 45 condos in the Erin Mills neighbourhood

    Rental Yield

    3500 South Millway Townhomes yields the
    ?
    highest rent prices out of 45 condos in the Erin Mills neighbourhood

    High Demand

    3500 South Millway Townhomes is the
    ?
    most popular building out of 45 condos in the Erin Mills neighbourhood

    Transaction Insights at 3500 South Millway

    2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$803,000 - $827,450$845,000
    Avg. Cost Per SqftNo Data$592$741
    Avg. Wait for Unit Availability178 Days107 Days167 Days
    Ratio of Units in Building19%62%20%

    Transactions vs Inventory

    Total number of units listed and sold in Erin Mills