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    Toronto / East End / Port Lands

    314 - 8302 Islington Ave

    For SaleVero Condos
    $555,000
    1 Bed
    1 Bath
    1 Parking
    626 SQFT
    7 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $463/mth
    Taxes:
    $2,356 (2024)
    Cost Per Sqft:
    $887/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    October 1, 2024
    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

    Living
    Combined with Dining, Laminate, Walkout To Terrace
    19.98 x 9.97ft
    Dining
    Combined with Living, Laminate, Open Concept
    19.98 x 9.97ft
    Kitchen
    Granite Counter, Ceramic Floor, Ceramic Back Splash
    10.99 x 6.96ft

    About this Listing

    Welcome to Vero Boutique Condominium in the Heart of Woodbridge! Spectacular View! This Unit Features Many $$$ in Upgrades; 9ft Ceilings, Open Concept Living & Dining Area, Large Spacious Bedroom with Walk in Closet. Laminate wood and ceramic Throughout. Bonus XL Terrace (6.6X11ft) with Natural Gas BBQ Hook Up. One Underground Parking and One Locker Included! Gorgeous Roof Top Terrace, Gym and Party Room. Exceptionally clean and well-run building, close to public transport, Restaurants, Parks, Trails, Community Centre & More.

    ExtrasGranite Counter Tops, Undercabinet Lighting, Full Pantry, S/S Fridge, Stove, Dishwasher, B/I Microwave, stacked Washer/Dryer, All window Coverings and Elf's. Amenities Include: Gym, Sauna, Party Room, Bike Storage, Visitor Parking.

    homelife principle real estateMLS® #N9348087

    Amenities

    Rooftop Deck
    BBQ
    Bike Storage
    Security System
    Gym Room
    Indoor Parking

    Explore Neighbourhood

    2/10
    Walkability
    You may find a lonely mailbox at the corner. Best friends with your sneakers yet?
    1/10
    Transit
    The bus schedule's more of a mythological tale than a timetable.
    2/10
    Bikeability
    If biking were a video game, this would be expert mode.

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    Demographics

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

    Population
    14,087
    Average Individual Income
    $77,708
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $128,768
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    20%
    50 - 64
    24%
    65+
    18%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    23%
    $60,000+
    16%
    $90,000+
    10%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    58%
    High Rise Apartment
    15%
    Semi Detached
    13%
    Low Rise Apartment
    6%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    82%
    Other
    10%
    Mandarin
    3%
    Cantonese
    3%
    Russian
    1%
    Spanish
    1%
    Education
    University and Above
    31%
    High School
    27%
    College
    19%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    17%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Vero Condos vs The Port Lands Area

    Building Trends At Vero Condos

    Days on Strata

    Units at Vero Condos spend an average of
    20
    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 Port Lands

    Turnover of Units

    On average, each unit is owned for
    11.2
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 14 condos in the Port Lands area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Vero Condos offers the
    ?
    best value out of 14 condos in the Port Lands neighbourhood

    Appreciation Rank

    Vero Condos has the
    ?
    highest ROI out of 14 condos in the Port Lands neighbourhood

    Rental Yield

    Vero Condos yields the
    ?
    highest rent prices out of 14 condos in the Port Lands neighbourhood

    High Demand

    Vero Condos is the
    ?
    most popular building out of 14 condos in the Port Lands neighbourhood

    Transaction Insights at 8302 Islington Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$545,000 - $550,000$715,000$750,000
    Avg. Cost Per SqftNo Data$876$895$745
    Avg. Wait for Unit Availability318 Days72 Days188 Days510 Days
    Ratio of Units in Building16%54%25%6%

    Transactions vs Inventory

    Total number of units listed and sold in Port Lands