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    For SaleSummit Royal Condos
    $595,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,290 SQFT
    56 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $934/mth
    Taxes:
    $1,574 (2024)
    Cost Per Sqft:
    $461/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    60-90 days
    Laundry:
    Main
    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

    Living
    Hardwood Floor, West View, Combined with Dining
    18.47 x 10.96ft
    Dining
    Hardwood Floor, O/Looks Park
    11.52 x 8.33ft
    Kitchen
    Renovated, Quartz Counter, Stainless Steel Appliances
    18.41 x 9.84ft

    About this Listing

    Beautifully Upgraded And Maintained 2 Bedroom And Den/Office. Large , spacious unit in Fantastic South Exposure In The Great Neighbourhood Of ErinGate. Renovated Kitchen, Quartz Ct, Center Island And Pot Lights In Kitchen And Washrooms. Excellent Location, Close To Hwy 427, Qew, Hwy 401, TTC, schools, Centennial Park, Sherway Gardens etc. Facilities have a yearly extra fee (around $80. per person, children and seniors reduced amount) which allows access to Indoor & Outdoor pool, sauna, party room, gym, tennis & basketball court, , multiple expansive picnic areas with BBQ's, kids playground, Condo's own soccer field, visitor parking , Note future Subway will be walkable in a few years.

    royal lepage real estate services ltd.MLS® #W9769390


    Amenities

    Visitor Parking
    Concierge
    Tennis Court
    Sauna
    Rec Room
    Gym Room

    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.
    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
    9,207
    Average Individual Income
    $64,668
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $103,044
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    19%
    Household Income
    $0 - $30,000
    54%
    $30,000+
    23%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    35%
    Detached
    30%
    Low Rise Apartment
    14%
    Semi Detached
    14%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    79%
    Mandarin
    10%
    Cantonese
    5%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    34%
    High School
    29%
    College
    16%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    19%
    Health & Related Fields
    15%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Summit Royal Condos vs The Eringate | Centennial | West Deane Area

    Days on Strata

    Units at Summit Royal Condos spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Eringate | Centennial | West Deane

    Turnover of Units

    On average, each unit is owned for
    12.5
    YEARS before being sold again

    Property Value

    16%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 13 condos in the Eringate | Centennial | West Deane area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Summit Royal Condos offers the
    ?
    best value out of 13 condos in the Eringate | Centennial | West Deane neighbourhood

    Appreciation Rank

    Summit Royal Condos has the
    ?
    highest ROI out of 13 condos in the Eringate | Centennial | West Deane neighbourhood

    Rental Yield

    Summit Royal Condos yields the
    ?
    highest rent prices out of 13 condos in the Eringate | Centennial | West Deane neighbourhood

    High Demand

    Summit Royal Condos is the
    ?
    most popular building out of 13 condos in the Eringate | Centennial | West Deane neighbourhood

    Transaction Insights at 627 The West Mall

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$539,900 - $660,000No Data$595,000 - $700,000
    Avg. Cost Per SqftNo Data$482No Data$456
    Avg. Wait for Unit AvailabilityNo Data46 Days162 Days33 Days
    Ratio of Units in Building1%38%8%55%

    Transactions vs Inventory

    Total number of units listed and sold in Eringate | Centennial | West Deane