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    707 - 2585 Erin Centre Blvd

    For SaleParkway Place Condos
    $580,000
    2 Beds
    2 Bath
    2 Parking
    1,000 SQFT
    8 Days on Strata
    Est Sell Timeframe
    25 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $936/mth
    Taxes:
    $2,991 (2024)
    Cost Per Sqft:
    $580/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    February 18, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Breakfast Bar, Open Concept, Walkout To Balcony
    8.4 x 7.97ft
    Living
    Walkout To Balcony, Open Concept
    14.17 x 11.19ft
    Dining
    Mirrored Walls
    13.48 x 9.58ft

    About this Listing

    Welcome to your new home at Parkway Place! This meticulously maintained suite boasts two large bedrooms, two full bathrooms, an open concept kitchen, dining & living space, two side-by-side parking spaces and a large storage locker. The split bedroom floor plan is ultra functional, allowing privacy between the primary and secondary bedrooms. Your primary bedroom is huge! Boasting plenty of space for a king sized bed, a walk-in closet and four-piece ensuite bath. This coveted community has it all! Building amenities include a gym, tennis court, rooftop terrace, spa-like indoor pool, hot tub & sauna, library, billiards room, party room and more! Your new home is just steps to public transit, Erin Mills Town Centre, restaurants, trails and more. Parkway Place is also a short drive to highway access, Credit Valley Hospital, parks, great schools, cafes... the list goes on! Don't wait - book your showing today!

    ExtrasAll utilities included in condo fee

    keller williams signature realty, brokerageMLS® #W11937085


    Amenities

    Party Room
    Concierge
    BBQs Allowed
    Security System
    Tennis Court
    Indoor Pool

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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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
    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

    Parkway Place Condos vs The Central Erin Mills Area

    Days on Strata

    Units at Parkway Place Condos 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 Central Erin Mills

    Turnover of Units

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

    Property Value

    -21%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    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

    8
    Units were Rented over the past twelve months

    Best Value Rank

    Parkway Place Condos offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Parkway Place Condos has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Parkway Place Condos yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    Parkway Place Condos is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 2585 Erin Centre Boulevard

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$650,000$755,000
    Avg. Cost Per SqftNo DataNo Data$599$642
    Avg. Wait for Unit Availability205 Days1441 Days67 DaysNo Data
    Ratio of Units in Building27%5%69%2%

    Transactions vs Inventory

    Total number of units listed and sold in Central Erin Mills