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    Toronto / Midtown / Oakwood | Vaughan

    507 - 1603 Eglinton Ave W

    For SaleEmpire Midtown
    4.0
    $670,000
    2 Beds
    2 Bath
    1 Parking
    700 - 799 SQFT
    4 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $737/mth
    Taxes:
    $2,422 (2024)
    Cost Per Sqft:
    $839 - $957/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    To Be Arranged
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    19.23 x 10.34ft
    Dining
    Combined with Living, Laminate, Walkout To Balcony
    19.23 x 10.34ft
    Kitchen
    Stainless Steel Appliances, Laminate, Backsplash
    0 x 0ft

    About this Listing

    Sophisticated 2-Bedroom, 2-Bathroom , 1 parking, 1 locker Suite at Empire Midtown! This stunning west-facing unit features $$$$ in premium builder upgrades, enhancing its sleek, modern finishes. Spanning a well layed out floorplan the suite offers flooring throughout, two walkouts to a spacious balcony. The contemporary kitchen is equipped with stainless steel appliances, ample storage in the unit and second bedroom, plus a walk-in closet in the primary suite. Amazing Location! Situated directly across from the Oakwood LRT Station, just an 8-minute walk to the TTC subway, and minutes to Highway 401. Building Amenities: 24-hour concierge, party room with kitchen & dining area, fitness center, two guest suites, bike storage, and an outdoor landscaped terrace with BBQ. Inclusions: Stainless steel fridge, stove, dishwasher, microwave, full-sized washer & dryer, all light fixtures, and window coverings.

    royal lepage signature realtyMLS® #C12007066

    Amenities

    Concierge
    Rooftop Deck
    Party Room
    Gym Room
    Guest Suites
    Indoor Parking

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    15,949
    Average Individual Income
    $61,294
    Average Household Size
    2 persons
    Average Age
    46
    Average Household Income
    $93,562
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    27%
    35 - 49
    20%
    50 - 64
    19%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    26%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    51%
    Detached
    22%
    Semi Detached
    14%
    Duplex
    7%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Other
    15%
    Mandarin
    13%
    Cantonese
    10%
    Tamil
    2%
    Tagalog
    1%
    Urdu
    1%
    Education
    University and Above
    36%
    High School
    24%
    College
    17%
    None
    14%
    University Below Batchelor
    4%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Empire Midtown vs The Oakwood | Vaughan Area

    Building Trends At Empire Midtown

    Days on Strata

    Units at Empire Midtown spend an average of
    40
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Oakwood | Vaughan

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 5 condos in the Oakwood | Vaughan area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    23
    Units were Rented over the past twelve months

    Best Value Rank

    Empire Midtown offers the
    ?
    best value out of 5 condos in the Oakwood | Vaughan neighbourhood

    Appreciation Rank

    Empire Midtown has the
    ?
    highest ROI out of 5 condos in the Oakwood | Vaughan neighbourhood

    Rental Yield

    Empire Midtown yields the
    ?
    highest rent prices out of 5 condos in the Oakwood | Vaughan neighbourhood

    High Demand

    Empire Midtown is the
    ?
    most popular building out of 5 condos in the Oakwood | Vaughan neighbourhood

    Transaction Insights at 1603 Eglinton Avenue W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price RangeNo Data$475,000 - $505,000$495,000 - $535,000No Data$750,000 - $785,000No Data
    Avg. Cost Per SqftNo Data$856$712No Data$861No Data
    Avg. Wait for Unit AvailabilityNo Data208 Days109 Days109 Days135 DaysNo Data
    Ratio of Units in Building1%20%39%17%24%1%

    Transactions vs Inventory

    Total number of units listed and sold in Oakwood | Vaughan