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    4889 Kimbermount Avenue

    Papillon Place II Condos
    2for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    19
    Number of Units:
    207
    Condo Completion:
    2006
    Condo Demand:
    Medium
    Unit Size Range:
    558 - 1,000 SQFT
    Unit Availability:
    Medium

    Listing History for Papillon Place II Condos

    Receive listing updates for Central Erin Mills

    Amenities

    Indoor Pool
    Gym Room
    Sauna
    Party Room
    Media Room
    Visitor Parking

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 4889 Kimbermount AvenuePapillon Place II Condos

    Papillon Place II Condos is a Mississauga condo located at 4889 Kimbermount Avenue in the Central Erin Mills neighbourhood. The condo was completed in 2006 and features 207 units over 19 storeys. Mississauga condo for sale here range from 558 square feet, up to 1000 square feet.

    This condo has a Walk Score of 72 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.85 per-square-foot, which is higher than the neighbourhood average of $0.68 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 4889 Kimbermount Avenue is $717, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at Papillon Place II Condos spend 23 days on the market on average and usually sell for -3.89% below the listing price. In the last 12 months, 14 units have rented, and 12 have sold.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from Axia Restaurant, Boston Pizza and Sunset Grill, making it easy to dazzle your taste buds without much effort. Get to know Central Erin Mills by exploring local cafes like McDonald's, Studio.89 and Doris' Bistro-Cafe.

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

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

    There are plenty of parks nearby to keep your family busy, including John C. Pallett Park, Crawford Green and Crawford Walk, which are less than 10 minutes away by foot.

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

    When the weekend rolls around, Arta Muro are within a short 3-minute drive away.

    There are plenty of nearby school choices — St. Sebastian Catholic Elementary School and St. Rose of Lima Separate School — with more in neighbouring areas so you can find the best school for your child’s needs. This location is a great choice for families who are seeking top-notch educational institutions like St. Aloysius Gonzaga Secondary School, Steam Works Studio Canada and UCMAS Abacus/iMaths/OBotz-Robotics.

    Transportation

    Transit users will need to trek a bit to Eglinton Ave At Winston Churchill Blvd, 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 4879 Kimbermount Avenue, 4850 Glen Erin Drive and 4900 Glen Erin Drive.

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    2

    Listings For Sale

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    3

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    Explore Central Erin Mills

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    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 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

    Papillon Place II Condos vs The Central Erin Mills Area

    Days on Strata

    Units at Papillon Place II Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 4889 Kimbermount Avenue

    1 Bed1 Bed + Den2 Bed
    Price Range$489,000 - $520,000$480,000 - $500,000$580,000 - $675,000
    Avg. Cost Per Sqft$851$749$732
    Avg. Wait for Unit Availability121 Days119 Days61 Days
    Ratio of Units in Building29%18%55%

    Unit Sales vs Inventory

    Total number of units listed and sold in Central Erin Mills