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    Downtown Core

    1616 - 4185 Shipp Dr

    $599,9002 bds2 ba1 pk900 - 999 sqft
    For SaleChelsea Towers Condos
    5.0
    10 Days on Strata
    $599,900
    2 Beds + 1
    2 Bath
    1 Parking
    900 - 999 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Maintenance Fees:

    $925/mth

    Taxes:

    $2,101 (2024)

    Cost Per Sqft:

    $601 - $667/sqft

    Outdoor Space:

    None

    Locker:

    None

    Exposure:

    East

    Possession Date:

    Immediately/Flexible

    Amenities

    Visitor Parking
    Games Room
    Rec Room
    Party Room
    Bike Storage
    Tennis Court
    Indoor Pool
    Security System
    Gym
    Concierge
    Sauna

    About this Listing

    Welcome To Chelsea Towers! Fabulously Renovated 2 Bdrm+Den 2 Bath; Large & Modern Kitchen W/Stainless Steel Appliances; Master Bedroom with Huge Closets(Included), Functional Den can be used as separate room. Unobstructed Gorgeous South-East Views showing CN Tower and Lake Ontario from the Living Room and Bedrooms. Condo fees are all-inclusive (Water, Electricity, Gas, Cable TV, Parking). One Parking spot Included, Extra parking spot available for $30/mth, 24 Hr Security & Access To Stunning Amenities: Indoor Pool, Sauna, Exercise Room, Outdoor Tennis Court, Children's Park Area; 3 Elevators servicing only 22 Floors. Amazing Family Friendly Location! Walking Distance To WholeFoods, Walmart, Sq1; Food District, Cineplex, Go Transit; Schools; Sheridan College. Rapid access to/from Highway 403 (Hurontario Exit)

    ExtrasSS Fridge, SS Stove, SS Dishwasher; Front Loading Washer & Dryer; Blinds In All Rooms. Master Bedroom Closets x2 included. Living Room Floating Cabinets (5 items fixed on wall) included

    ipro realty ltd.MLS® #W12069783

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room dimensions are not available for this listing.

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

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    Demographics

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

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    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
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Building Trends At Chelsea Towers Condos

    Days on Strata

    Units at Chelsea Towers Condos spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Core

    Turnover of Units

    On average, each unit is owned for
    7.7
    YEARS before being sold again

    Property Value

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

    Price Ranking

    36th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    31
    Units were Rented over the past twelve months

    Best Value Rank

    Chelsea Towers Condos offers the
    ?
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Chelsea Towers Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    Chelsea Towers Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    Chelsea Towers Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Market Insights

    Transaction Insights at Chelsea Towers Condos

    1 Bed2 Bed2 Bed + Den
    Price Range$402,000 - $465,000$480,000 - $585,000No Data
    Avg. Cost Per Sqft$587$538No Data
    Avg. Wait for Unit Availability52 Days13 DaysNo Data
    Ratio of Units in Building21%79%1%

    Market Inventory

    Total number of units listed and sold in Downtown Core