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    Toronto / Etobicoke / Etobicoke West Mall

    1501 - 551 The West Mall

    For SaleThe Grange Condos
    $398,800
    2 Beds
    1 Bath
    1 Parking
    1,000 - 1,199 SQFT
    7 Days on Strata
    Est Sell Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $869/mth
    Taxes:
    $1,359 (2024)
    Cost Per Sqft:
    $333 - $399/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    Immediately
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    None
    Heat Source
    Gas
    Heating
    Radiant

    Room Dimensions

    Foyer
    Closet, Porcelain Floor
    6.23 x 5.58ft
    Living
    Combined with Dining, Bamboo Floor
    21.98 x 11.32ft
    Dining
    Combined with Living, Bamboo Floor, Walkout To Balcony
    11.16 x 8.04ft

    About this Listing

    This freshly painted, spacious 2-bedroom unit offers a large living area and a well-designed floor plan. Step out onto the large balcony, where you can enjoy serene views and an abundance of natural light. Benefit from the convenience of a same-floor locker and all-inclusive condo fees that covers hydro, Bell High-Speed Internet and TV cable. Ideally located near highways 427 and 401, with easy access to the TTC, schools, parks, and a supermarket. The well-managed building offers a wealth of amenities, including a sauna, gym, lounge, hobby room, kids' playroom, party room, car wash, outdoor swimming pool, BBQ area, and more. Don't miss this fantastic opportunity!

    ExtrasExisting Appliances in "as-is" condition, all electrical light fixtures.

    prompton real estate services corp.MLS® #W10426771

    Amenities

    Party Room
    Security System
    Visitor Parking
    Outdoor Pool
    Concierge
    Gym Room

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    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
    5,258
    Average Individual Income
    $63,169
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $85,051
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    62%
    Semi Detached
    16%
    Detached
    15%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    66%
    Mandarin
    17%
    Cantonese
    11%
    Korean
    2%
    Russian
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    41%
    High School
    24%
    College
    13%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    16%
    Social Sciences
    14%
    Health & Related Fields
    9%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    The Grange Condos vs The Etobicoke West Mall Area

    Building Trends At The Grange Condos

    Days on Strata

    Units at The Grange Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Etobicoke West Mall

    Turnover of Units

    On average, each unit is owned for
    18.3
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 12 condos in the Etobicoke West Mall area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Grange Condos offers the
    ?
    best value out of 12 condos in the Etobicoke West Mall neighbourhood

    Appreciation Rank

    The Grange Condos has the
    ?
    highest ROI out of 12 condos in the Etobicoke West Mall neighbourhood

    Rental Yield

    The Grange Condos yields the
    ?
    highest rent prices out of 12 condos in the Etobicoke West Mall neighbourhood

    High Demand

    The Grange Condos is the
    ?
    most popular building out of 12 condos in the Etobicoke West Mall neighbourhood

    Transaction Insights at 551 The West Mall

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$470,000 - $520,000No Data$530,000 - $615,000No Data
    Avg. Cost Per Sqft$456No Data$442No Data
    Avg. Wait for Unit Availability26 Days801 Days122 DaysNo Data
    Ratio of Units in Building83%3%14%1%

    Transactions vs Inventory

    Total number of units listed and sold in Etobicoke West Mall