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    5070 Fairview Street

    Terraces in The Village Condos
    3for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    6
    Number of Units:
    70
    Condo Completion:
    2007
    Condo Demand:
    Medium
    Unit Size Range:
    649 - 1,500 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Terraces in The Village Condos

    Receive listing updates for Elizabeth Gardens

    Amenities

    Bike Storage
    Security System
    Indoor Parking
    Car Wash
    Visitor Parking
    Party Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 5070 Fairview StreetTerraces in The Village Condos

    Terraces in The Village Condos is a Burlington condo located at 5070 Fairview Street in the Elizabeth Gardens neighbourhood. The condo was completed in 2007 and features 70 units over 6 storeys. Burlington condo for sale here range from 649 square feet, up to 1500 square feet.

    Maintenance fees are $0.46 per-square-foot, which is lower than the neighbourhood average of $0.62 per-square-foot.

    The Suites

    On average, units at 5070 Fairview Street sell -0.63% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $619 and units sell with 24 days on market on average. Over the past 12 months, 2 have sold and 1 has have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Oh Bombay - Burlington, Dairy Queen Grill & Chill and Chef Grande Mediterranean Cuisine are all within 8 minutes walking distance from 5070 Fairview Street. Get to know Elizabeth Gardens by exploring local cafes like Starbucks and McDonald's.

    There are a number of grocery stores within a short drive, including M&M Food Market.

    There are a number of banks within a short drive, including BMO Bank of Montreal for all your investment needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Sheraton Park, Frontenac Park and Longmoor Park are the perfect spot for all kinds of activities.

    Enhance your personal style while living in the Elizabeth Gardens neighbourhood by visiting Appleby Village, Appleby Square and Appleby South.

    When the weekend rolls around, Art Studio & Gallery - NESAART are within a short 4-minute drive away.

    Terraces in The Village Condos is a short drive away from Frontenac Public School, Ascension Catholic Elementary School and Mohawk Gardens Public School, giving you plenty of choice for your child’s education.

    Transportation

    Transit users will need to trek a bit to Walkers at Fairview, 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 5005-5061 Pinedale Avenue, 4450 Fairview Street and 5090 Pinedale Avenue.

    3

    Listings For Sale

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    0

    Listings For Rent

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    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,895
    Average Individual Income
    $70,213
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $121,842
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    21%
    50 - 64
    20%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    26%
    Low Rise Apartment
    12%
    Duplex
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    7%
    Punjabi
    3%
    Spanish
    1%
    Education
    High School
    29%
    University and Above
    26%
    College
    21%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Terraces in The Village Condos vs The Elizabeth Gardens Area

    Days on Strata

    Units at Terraces in The Village Condos spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Elizabeth Gardens

    Turnover of Units

    On average, each unit is owned for
    8.1
    YEARS before being sold again

    Property Value

    8%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 25 condos in the Elizabeth Gardens 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

    Terraces in The Village Condos offers the
    ?
    best value out of 25 condos in the Elizabeth Gardens neighbourhood

    Appreciation Rank

    Terraces in The Village Condos has the
    ?
    highest ROI out of 25 condos in the Elizabeth Gardens neighbourhood

    Rental Yield

    Terraces in The Village Condos yields the
    ?
    highest rent prices out of 25 condos in the Elizabeth Gardens neighbourhood

    High Demand

    Terraces in The Village Condos is the
    ?
    most popular building out of 25 condos in the Elizabeth Gardens neighbourhood

    Transaction Insights at 5070 Fairview Street

    1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$795,000$780,000No Data
    Avg. Cost Per SqftNo Data$643$615No Data
    Avg. Wait for Unit Availability202 Days134 Days667 DaysNo Data
    Ratio of Units in Building19%68%12%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Elizabeth Gardens