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    5878 Montevideo Road

    5878 Montevideo Road Townhomes
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    60
    Condo Completion:
    1980
    Condo Demand:
    Medium
    Unit Size Range:
    1,099 - 1,649 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 5878 Montevideo Road Townhomes

    Receive listing updates for Meadowvale West

    Amenities

    Indoor Parking
    Visitor Parking
    BBQs Allowed

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 5878 Montevideo Road5878 Montevideo Road Townhomes

    5878 Montevideo Road Townhomes is a Mississauga condo located at 5878 Montevideo Road in the Meadowvale West neighbourhood. The condo was completed in 1980 and features 60 units over 1 storeys. Mississauga condo for sale here range from 1099 square feet, up to 1649 square feet.

    The Suites

    On average, units at 5878 Montevideo Road sell -1.78% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $632 (based on past 12 months of sales). Units typically sell with 20 days on market on average. Over the past 12 months, 2 have sold and 1 has been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Pho Mi 289, Alf Hana Shawarma Hut and Pizza Pizza are all within 15 minutes walking distance from 5878 Montevideo Road. Get to know Meadowvale West by exploring local cafes like McDonald's, Afandina Cafe and Rouzana.

    Grocery shopping is never a chore with stores such as Metro, Rabba and SUNNYVALE SUPERMARKET in the area.

    Residents at this condo are also just a short drive away from green spaces such as Lake Wabukayne Park, Hunter's Green and Maplewood Park.

    Like to shop? Everything you need is close by when you live at 5878 Montevideo Road, including Dollar Store, Meadowvale Town Centre and Battleford Centre which are only 2 away.

    There are plenty of nearby school choices — St. Edith Stein Elementary School and St Jude's Academy — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Peel Alternative School West, West Credit Secondary School and Meadowvale Secondary School can be reached by car in under 2 minutes.

    Transportation

    Transit users will need to trek a bit to Glen Erin Dr At North Windwood Dr, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5536 Montevideo Road, 6449 Glen Erin Drive and 5610 Montevideo Road.

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    Explore Meadowvale West

    5/10
    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.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    27%
    $60,000+
    17%
    $90,000+
    8%
    $125,000+
    4%
    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%

    Days on Strata

    Units at 5878 Montevideo Road Townhomes spend an average of
    20
    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 Meadowvale West

    Turnover of Units

    On average, each unit is owned for
    12.6
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 44 condos in the Meadowvale West area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    5878 Montevideo Road Townhomes offers the
    ?
    best value out of 44 condos in the Meadowvale West neighbourhood

    Appreciation Rank

    5878 Montevideo Road Townhomes has the
    ?
    highest ROI out of 44 condos in the Meadowvale West neighbourhood

    Rental Yield

    5878 Montevideo Road Townhomes yields the
    ?
    highest rent prices out of 44 condos in the Meadowvale West neighbourhood

    High Demand

    5878 Montevideo Road Townhomes is the
    ?
    most popular building out of 44 condos in the Meadowvale West neighbourhood

    Transaction Insights at 5878 Montevideo Road

    3 Bed3 Bed + Den
    Price Range$820,000 - $825,000No Data
    Avg. Cost Per Sqft$607No Data
    Avg. Wait for Unit Availability97 Days1081 Days
    Ratio of Units in Building94%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in Meadowvale West