Maintenance Fees
Edgewater at the Galleria Condos vs The Commerce Valley Area
505 - 399 South Park Rd
For SaleEdgewater at the Galleria Condos
56 Days on Strata
$499,990
2 Beds
2 Bath
1 Parking
910 SQFT
Listing History
2025 - Feb 06
for sale$499,990
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$927/mth
Taxes:
$1,973 (2024)
Cost Per Sqft:
$549/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North East
Possession Date:
April 1, 2025
About this Listing
Exceptional Location in the Heart of Commerce Valley! Discover this beautifully functional and sunlit 2-bedroom corner unit, offeringbreathtaking, unobstructed views of the park and pond. Ideal for young families, this home is just a short walk from several playgrounds and asplash pad. Enjoy the convenience of being close to top-notch amenities, schools, public transit, restaurants, health clinics, banks, and majorhighways (404/407/7). Recent upgrades include stylish laminate and tile fooring (2021), and modern appliances including washer/dryer, stove,dishwasher, and fridge (2022), along with fresh, contemporary paint. Two (2) lockers are included!Exceptional Location in the Heart of Commerce Valley! Discover this beautifully functional and sunlit 2-bedroom corner unit, offeringbreathtaking, unobstructed views of the park and pond. Ideal for young families, this home is just a short walk from several playgrounds and asplash pad. Enjoy the convenience of being close to top-notch amenities, schools, public transit, restaurants, health clinics, banks, and majorhighways (404/407/7). Recent upgrades include stylish laminate and tile fooring (2021), and modern appliances including washer/dryer, stove,dishwasher, and fridge (2022), along with fresh, contemporary paint. Two (2) lockers are included!
re/max realtron realty inc.MLS® #N11961348
Features
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
Amenities
Sauna
Security System
Rec Room
Concierge
BBQs Allowed
Bike Storage
Gym Room
Party Room
Indoor Parking
Visitor Parking
Room Dimensions
Living
Combined with Dining, Laminate
22.9 x 12.8ft
Dining
Combined with Living, Laminate
22.9 x 12.8ft
Primary
4 Piece Ensuite, Large Window
12.99 x 10.99ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Commerce Valley
Commute Calculator
5/10
Walkability
Halfway to a walker's paradise, you might want to invest in a hoverboard.
4/10
Transit
It's a dice roll — but hey, sometimes you roll a six!
6/10
Bikeability
The bike lane starts to feel like a second home.
Building Trends At Edgewater at the Galleria Condos
Days on Strata
Units at Edgewater at the Galleria Condos spend an average of
21
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Commerce Valley
Turnover of Units
On average, each unit is owned for
2.4
YEARS before being sold againProperty Value
5%
Increase in property value within the past twelve months
Price Ranking
7th
Highest price per SQFT out of 18 condos in the Commerce Valley area
Sold Units
5
Units were Sold over the past twelve months
Rented Units
2
Units were Rented over the past twelve months
Best Value Rank
Edgewater at the Galleria Condos offers the best value out of 18 condos in the Commerce Valley neighbourhood
?
Appreciation Rank
Edgewater at the Galleria Condos has the highest ROI out of 18 condos in the Commerce Valley neighbourhood
?
Rental Yield
Edgewater at the Galleria Condos yields the highest rent prices out of 18 condos in the Commerce Valley neighbourhood
?
High Demand
Edgewater at the Galleria Condos is the most popular building out of 18 condos in the Commerce Valley neighbourhood
?
Market Insights
Transaction Insights at Edgewater at the Galleria Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | No Data | $620,000 - $724,500 | $648,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $821 | $736 | No Data | No Data |
| Price Range | $2,500 | No Data | $2,650 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 114 Days | 221 Days | 40 Days | 747 Days | 364 Days | 578 Days |
| Avg. Wait for Unit Availability | 171 Days | No Data | 146 Days | No Data | 760 Days | 366 Days |
| Ratio of Units in Building | 23% | 3% | 60% | 3% | 7% | 6% |
Market Inventory
Total number of units listed and sold in Commerce Valley
