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    702 - 3577 Derry Rd E

    For Sale3533 Derry Condos
    $579,000
    Price Cut: $599,000
    3 Beds
    2 Bath
    1 Parking
    1,105 SQFT
    35 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $751/mth
    Taxes:
    $1,463 (2024)
    Cost Per Sqft:
    $524/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    North East
    Possession Date:
    January 3, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Parking
    Building Insurance
    Excluded
    Air Conditioning

    Utility Type

    Air Conditioning
    Other
    Heat Source
    Electric
    Heating
    Baseboard

    Room Dimensions

    Kitchen
    Ceramic Floor
    10.66 x 8.5ft
    Bedroomeakfast
    Vinyl Floor
    9.81 x 8.73ft
    Living
    Vinyl Floor
    20.47 x 11.32ft

    About this Listing

    Introducing a beautifully renovated 3-bedroom condo, ideal for both primary residence seekers and investors. This spacious unit features an open-concept design that creates a generous living area, perfect for entertaining. Enjoy the large balcony, modern pot lights, new flooring, and beautiful bedrooms. Situated in a prime location just 5 minutes from Pearson Airport, this property offers easy access to major highways, including the 401 and 427. It's an excellent choice for families and professionals, with convenient proximity to public transportation, shopping centers, dining options, and schools. Don't miss the opportunity to make this exceptional condo your new home or investment!

    homelife/miracle realty ltdMLS® #W9505772


    Amenities

    Visitor Parking
    Party Room
    Rec Room
    Bike Storage
    Sauna
    Concierge

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    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
    22,464
    Average Individual Income
    $62,820
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $117,236
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    27%
    $60,000+
    15%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    50%
    Semi Detached
    26%
    High Rise Apartment
    9%
    Low Rise Apartment
    7%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    15%
    Mandarin
    3%
    Tagalog
    2%
    Cantonese
    2%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%

    Maintenance Fees

    3533 Derry Condos vs The Malton Area

    Days on Strata

    Units at 3533 Derry Condos spend an average of
    30
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Malton

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 23 condos in the Malton area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    3533 Derry Condos offers the
    ?
    best value out of 23 condos in the Malton neighbourhood

    Appreciation Rank

    3533 Derry Condos has the
    ?
    highest ROI out of 23 condos in the Malton neighbourhood

    Rental Yield

    3533 Derry Condos yields the
    ?
    highest rent prices out of 23 condos in the Malton neighbourhood

    High Demand

    3533 Derry Condos is the
    ?
    most popular building out of 23 condos in the Malton neighbourhood

    Transaction Insights at 3533-3577 Derry Road E

    2 Bed2 Bed + Den3 Bed
    Price Range$435,000 - $515,000No Data$600,000
    Avg. Cost Per Sqft$500No Data$565
    Avg. Wait for Unit Availability19 Days184 Days41 Days
    Ratio of Units in Building65%5%32%

    Transactions vs Inventory

    Total number of units listed and sold in Malton