501 - 85 Skymark Dr
For SaleClassic CondosEst Sell Timeframe 10 Days
$1,080,000
2 Beds + 1
2 Bath
2 Parking
2,000 SQFT
11 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$1,825/mth
Taxes:
$0 (2023)
Cost Per Sqft:
$540/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
South East
Possession Date:
November 15, 2024
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Hydro
Heat
Air Conditioning
Water
Parking
Building Insurance
Excluded
None
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Foyer
Closet
15.42 x 4.27ft
Living
Large Window, South View, Walkout To Balcony
21.82 x 18.77ft
Dining
Formal Room, O/Looks Living, Hardwood Floor
18.11 x 13.75ft
About this Listing
*The Classic of Skymark* by Tridel. 2000 sq ft of elegance, exquisite south east exposure. 2 bedroom and Den. Perfect for Users and/or Renovators. Loads of storage. Hardwood floors throughout. Large eat in kitchen, Wall to wall cupboard's Enjoy the special amenities of Skymark community. A unique space and location!!!!! Show to your most discerning clients with confidence!! The building is in the process of upgrading common areas which are added value for the future Buyer!
ExtrasS/S appliances - fridge, stove, dishwasher, white washer and dryer, all ELF, all window coverings
royal lepage signature realtyMLS® #C9310727
Amenities
Tennis Court
Outdoor Pool
Gym Room
Concierge
Indoor Parking
Indoor Pool
Explore Neighbourhood
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
7/10
Transit
Transit's there for you, like a loyal golden retriever.
6/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
6,517
Average Individual Income
$59,462
Average Household Size
3 persons
Average Age
0
Average Household Income
$105,865
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
49%
Semi Detached
31%
Duplex
10%
Low Rise Apartment
8%
Marital Status
Commute
Languages (Primary Language)
English
68%
Cantonese
10%
Other
8%
Mandarin
6%
Tamil
4%
Tagalog
2%
Urdu
1%
Punjabi
1%
Education
High School
31%
University and Above
25%
College
18%
None
16%
Apprenticeship
4%
University Below Batchelor
4%
Major Field of Study
Business Management
28%
Architecture & Engineering
19%
Health & Related Fields
14%
Social Sciences
12%
Physical Sciences
5%
Math & Computer Sciences
5%
Personal, Protective & Transportation Services
4%
Humanities
3%
Education
2%
Agriculture & Natural Resources
2%
Price Trends
Maintenance Fees
Classic Condos vs The Hillcrest Village Area
Building Trends At Classic Condos
Days on Strata
Units at Classic Condos spend an average of
28
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Hillcrest Village
Turnover of Units
On average, each unit is owned for
12.2
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
7th
Highest price per SQFT out of 23 condos in the Hillcrest Village area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
1
Units were Rented over the past twelve months
Best Value Rank
Classic Condos offers the best value out of 23 condos in the Hillcrest Village neighbourhood
?
Appreciation Rank
Classic Condos has the highest ROI out of 23 condos in the Hillcrest Village neighbourhood
?
Rental Yield
Classic Condos yields the highest rent prices out of 23 condos in the Hillcrest Village neighbourhood
?
High Demand
Classic Condos is the most popular building out of 23 condos in the Hillcrest Village neighbourhood
?
Transaction Insights at 85 Skymark Drive
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $675,000 | $789,000 - $1,311,000 | $1,013,618 - $1,115,000 | $1,020,000 - $1,400,000 | $1,375,000 |
| Avg. Cost Per Sqft | No Data | $638 | $596 | $460 | $641 | $511 |
| Price Range | No Data | No Data | $4,100 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 720 Days | 88 Days | 169 Days | 1610 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 1367 Days | 459 Days | 1224 Days | No Data | No Data |
| Ratio of Units in Building | 4% | 9% | 58% | 27% | 4% | 1% |
Transactions vs Inventory
Total number of units listed and sold in Hillcrest Village
