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    Mississauga / Central Erin Mills

    58 - 5305 Glen Erin Dr

    For SaleFirst Place Townhomes
    $849,000
    3 Beds + 1
    3 Bath
    4 Parking
    1,642 SQFT
    76 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $449/mth
    Taxes:
    $4,015 (2023)
    Cost Per Sqft:
    $517/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South West
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Dining
    Combined with Living
    23.89 x 10.99ft
    Kitchen
    Eat-In Kitchen
    10.11 x 9.68ft
    Bedroomeakfast
    Walkout To Yard
    10.11 x 6.99ft

    About this Listing

    Rare Semi-like End Unit Townhouse W/ Double Car Garage & Double Driveway Situated On A Sun-Filled Corner Lot In The Highly Desirable Central Erin Mills Area! Open Concept Living & Dining Area, Spacious Eat-In Kitchen. Three Oversized Bedrooms On 2nd Floor. Master Bedroom W/ 3-Piece Ensuite, Extra Large Windows & Lots Of Sunlight. Finished Basement W/ Bedroom, Laundry & Recreational Area!

    ExtrasSteps Away From Mississauga's Top-Rated Schools: John Fraser, Gonzaga, Middlebury, Divine Mercy & Thomas St Middle School. Minutes Away From Credit Valley Hospital, Erin Mills Town Centre, Streetsville & Erin Mills GO Station

    first class realty inc.MLS® #W9016169

    Amenities

    BBQ
    Outdoor Pool
    Indoor Parking
    Visitor Parking

    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    4/10
    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
    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%

    Price Trends

    Maintenance Fees

    First Place Townhomes vs The Central Erin Mills Area

    Building Trends At First Place Townhomes

    Days on Strata

    Units at First Place Townhomes spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    11.4
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    17th
    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

    1
    Units were Rented over the past twelve months

    Best Value Rank

    First Place Townhomes offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    First Place Townhomes has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

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

    High Demand

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

    Transaction Insights at 5305 Glen Erin Drive

    3 Bed3 Bed + Den
    Price Range$855,000 - $900,000$928,250
    Avg. Cost Per Sqft$608$690
    Avg. Wait for Unit Availability137 Days689 Days
    Ratio of Units in Building88%13%

    Transactions vs Inventory

    Total number of units listed and sold in Central Erin Mills