1005 - 2301 Derry Rd W
For Sale2301 Derry Road CondosEst Sell Timeframe 11 Days
$449,900
Price Cut: $499,900
3 Beds
2 Bath
2 Parking
1,043 SQFT
26 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$790/mth
Taxes:
$1,695 (2024)
Cost Per Sqft:
$431/sqft
Locker:
Exclusive
Outdoor Space:
None
Exposure:
West
Possession Date:
30 days
Laundry:
Coin Operated
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Air Conditioning
Utility Type
- Air Conditioning
- Window Unit
- Heat Source
- Gas
- Heating
- Baseboard
Room Dimensions
Living
18.01 x 10.5ft
Dining
9.51 x 8.99ft
Kitchen
9.51 x 8.5ft
About this Listing
Immediate possession and great value in this 3 bedroom, top floor unit in a great Meadowvale location. Opportunity knocks! A perfect way to get into the market affordably and into a well managed condominium with outdoor pool, two indoor parking spaces, locker and plenty of green space to enjoy. Room sizes approximate and irregular and square footage is not exact.
re/max escarpment realty inc.MLS® #W9307464
Amenities
Tennis Court
Indoor Parking
Sauna
BBQ
Outdoor Pool
Party Room
Explore Neighbourhood
4/10
Walkability
Halfway to a walker's paradise, you might want to invest in a hoverboard.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
4/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
16,764
Average Individual Income
$66,161
Average Household Size
2 persons
Average Age
42
Average Household Income
$112,187
Dominant Housing Type
Semi Detached
Population By Age
Household Income
Housing Types & Tenancy
Semi Detached
37%
Detached
31%
High Rise Apartment
18%
Low Rise Apartment
7%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
Other
90%
Spanish
2%
Mandarin
2%
Cantonese
2%
Portuguese
1%
Tagalog
1%
Hindi
1%
Urdu
1%
Education
University and Above
31%
High School
29%
College
17%
None
14%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
26%
Architecture & Engineering
18%
Health & Related Fields
13%
Social Sciences
12%
Math & Computer Sciences
6%
Education
5%
Physical Sciences
4%
Personal, Protective & Transportation Services
3%
Humanities
3%
Visual & Performing Arts
3%
Price Trends
Maintenance Fees
2301 Derry Road Condos vs The Meadowvale West Area
Building Trends At 2301 Derry Road Condos
Days on Strata
Units at 2301 Derry Road Condos spend an average of
47
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Meadowvale West
Turnover of Units
On average, each unit is owned for
12.7
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
15th
Highest price per SQFT out of 44 condos in the Meadowvale West area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
5
Units were Rented over the past twelve months
Best Value Rank
2301 Derry Road Condos offers the best value out of 44 condos in the Meadowvale West neighbourhood
?
Appreciation Rank
2301 Derry Road Condos has the highest ROI out of 44 condos in the Meadowvale West neighbourhood
?
Rental Yield
2301 Derry Road Condos yields the highest rent prices out of 44 condos in the Meadowvale West neighbourhood
?
High Demand
2301 Derry Road Condos is the most popular building out of 44 condos in the Meadowvale West neighbourhood
?
Transaction Insights at 2301 Derry Road W
2 Bed | 3 Bed | 3 Bed + Den | |
---|---|---|---|
Price Range | $490,000 - $520,000 | $560,000 - $735,000 | No Data |
Avg. Cost Per Sqft | $578 | $531 | No Data |
Price Range | $2,800 - $3,000 | $2,850 - $2,900 | No Data |
Avg. Wait for Unit Availability | 89 Days | 69 Days | No Data |
Avg. Wait for Unit Availability | 169 Days | 482 Days | No Data |
Ratio of Units in Building | 46% | 50% | 5% |
Transactions vs Inventory
Total number of units listed and sold in Meadowvale West