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    2585 Erin Centre Boulevard

    Parkway Place Condos
    0for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    13
    Number of Units:
    110
    Condo Completion:
    2001
    Condo Demand:
    High
    Unit Size Range:
    514 - 1,199 SQFT
    Unit Availability:
    Low

    Listing History for Parkway Place Condos

    Receive listing updates for Central Erin Mills

    Amenities

    BBQ
    Tennis Court
    Rec Room
    Games Room
    Security System
    Gym Room

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Excluded
    None

    About 2585 Erin Centre BoulevardParkway Place Condos

    Anyone who’s seeking a Mississauga condo for sale should consider Parkway Place Condos at 2585 Erin Centre Boulevard. Pemberton Group completed this building back in 2001, but unlike other buildings of that age, maintenance fees are on the higher end at $0.90 per-square-foot. The 13-storey building is home to 110 suites with units ranging between 514 and 1199 square feet.

    Maintenance fees at 2585 Erin Centre Boulevard are $0.90 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for units at 2585 Erin Centre Boulevard is $639, based on the past 12 months of sales, and units tend to sell within 22 days of being listed. 7 units have been rented in the previous 12 months, and 3 units have been sold. Suites often sell for 1.68% above the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Living here means you’re just a 6-minute walk from A&W Canada, Tim Hortons and Shanghai 360, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, Doris' Bistro-Cafe, Studio.89 and Tim Hortons have you covered...

    Grocery shopping is never a chore with stores such as Mona Fine Foods, Nations Fresh Foods and Longo's Glen Erin in the area.

    Planning for your future is easy with Scotiabank in the area.

    Residents at this condo are also just a short drive away from green spaces such as Duncairn Downs Park, Crawford Green and Middlebury Green Park.

    Enhance your personal style while living in the Central Erin Mills neighbourhood by visiting Erin Mills Latin Dance Club, Lunch and Erin Mills Town Centre.

    When the weekend rolls around, Arta Muro are within a short 2-minute drive away.

    Parkway Place Condos is a short drive away from St. Rose of Lima Separate School, giving you plenty of choice for your child’s education. This location is a great choice for families who are seeking top-notch educational institutions like John Fraser Secondary School, UCMAS Abacus/iMaths/OBotz-Robotics and Steam Works Studio Canada.

    Transportation

    Taking public transit? The nearest light transit stop is Erin Mills Town Centre Bus Terminal Platform C.

    Curious about similar condos in the area? Check out 2565 Erin Centre Boulevard, 2545 Erin Centre Boulevard and 5305 Glen Erin Drive — all within walking distance.

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    Listings For Sale

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    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.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

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

    Population
    7,389
    Average Individual Income
    $57,605
    Average Household Size
    3 persons
    Average Age
    38
    Average Household Income
    $114,469
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    44%
    Low Rise Apartment
    6%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    75%
    Other
    9%
    Punjabi
    8%
    Tagalog
    2%
    Spanish
    2%
    Urdu
    2%
    Hindi
    1%
    Gujarati
    1%
    Education
    High School
    32%
    University and Above
    23%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    22%
    Social Sciences
    11%
    Health & Related Fields
    9%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Parkway Place Condos vs The Central Erin Mills Area

    Days on Strata

    Units at Parkway Place Condos spend an average of
    22
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -22%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Parkway Place Condos offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Parkway Place Condos has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Parkway Place Condos yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    Parkway Place Condos is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 2585 Erin Centre Boulevard

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$638,000$650,000$755,000
    Avg. Cost Per SqftNo Data$648$599$642
    Avg. Wait for Unit Availability205 Days1441 Days67 DaysNo Data
    Ratio of Units in Building26%5%70%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Central Erin Mills