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    Vaughan / Thornhill - Vaughan

    609 - 5 Emerald Lane

    For SaleEiffel Towers II Condos
    $519,800
    1 Bed
    1 Bath
    1 Parking
    655 SQFT
    64 Days on Strata
    Est Sell Timeframe
    4 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $486/mth
    Taxes:
    $1,925 (2023)
    Cost Per Sqft:
    $794/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    August 31, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Breakfast Bar, Pass Through, Laminate
    6.43 x 4.3ft
    Living
    Pass Through, Ceiling Fan, Laminate
    17.95 x 10.17ft
    Dining
    Combined with Living, Walkout To Balcony, Laminate
    17.95 x 10.17ft

    About this Listing

    Your search ends here! The Best Value and Extremely well maintained, Very Spacious, Bright and Cozy & Beautifully Fully Renovated Recently. 1Bed Unit In Luxurious Eiffel Towers Condos By Menkes, With Fantastic South Views. Fully Renovated Kitchen With New Cabinets, Quartz Counter Tops, Backsplash, New Faucet & Sink. Fully Renovated Bath, New Floors, Freshly Painted, Good Size Rooms. New Light Fixtures, 1 Locker, 1 Parking Space. Excellent Facilities Including: Gym, Outdoor Pool, Sauna, 24 Hr Secured Gatehouse, Ample Visitor Parking, Guest Suite, Very Well Maintained Building and Just Steps To TTC Transit, Shopping, Restaurants, Banks and One Bus To York University And Finch Station.

    ExtrasStainless Steel LG Appliances (Fridge, Stove, Microwave Hood Fan, Dishwasher), Washer And Dryer, Window Blinds, Existing Light Fixtures, Balcony Tiles.

    forest hill real estate inc.MLS® #N9045658

    Amenities

    Media Room
    Guest Suites
    Visitor Parking
    Party Room
    Outdoor Pool
    Rec Room

    Explore Neighbourhood

    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 Listings

    Demographics

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

    Population
    48,278
    Average Individual Income
    $77,889
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $134,042
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    20%
    50 - 64
    23%
    65+
    16%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    15%
    High Rise Apartment
    7%
    Duplex
    6%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    79%
    Other
    9%
    Mandarin
    5%
    Cantonese
    5%
    Russian
    1%
    Tamil
    1%
    Education
    University and Above
    30%
    High School
    28%
    College
    19%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Eiffel Towers II Condos vs The Thornhill - Vaughan Area

    Building Trends At Eiffel Towers II Condos

    Days on Strata

    Units at Eiffel Towers II Condos spend an average of
    33
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Thornhill - Vaughan

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -22%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 43 condos in the Thornhill - Vaughan area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Eiffel Towers II Condos offers the
    ?
    best value out of 43 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    Eiffel Towers II Condos has the
    ?
    highest ROI out of 43 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

    Eiffel Towers II Condos yields the
    ?
    highest rent prices out of 43 condos in the Thornhill - Vaughan neighbourhood

    High Demand

    Eiffel Towers II Condos is the
    ?
    most popular building out of 43 condos in the Thornhill - Vaughan neighbourhood

    Transaction Insights at 5 Emerald Lane

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$485,018 - $508,000No Data$567,000 - $670,000No DataNo Data
    Avg. Cost Per Sqft$770No Data$638No DataNo Data
    Avg. Wait for Unit Availability115 Days339 Days80 DaysNo DataNo Data
    Ratio of Units in Building33%11%53%3%1%

    Transactions vs Inventory

    Total number of units listed and sold in Thornhill - Vaughan