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    7440 Bathurst Street

    Promenade Towers Condos
    4for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    198
    Condo Completion:
    1988
    Condo Demand:
    Medium
    Unit Size Range:
    953 - 1,500 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Promenade Towers Condos

    Receive listing updates for Thornhill - Vaughan

    Amenities

    Tennis Court
    Outdoor Pool
    Rec Room
    Squash Court
    Gym Room
    Concierge

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Excluded
    None

    About 7440 Bathurst StreetPromenade Towers Condos

    Anyone who’s seeking a Vaughan condo for sale should definitely consider Promenade Towers Condos at 7440 Bathurst Street. Promenade Towers Two Limited completed this building back in 1988, but unlike other buildings of that age, maintenance fees are actually on the higher end at $0.92 per-square-foot. The building is 16 storeys tall and is home to 198 suites. Units start at 953 square feet on the low end, and can go up to 1500 square feet.

    This condo has a Walk Score of 78 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 7440 Bathurst Street are $0.92 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for units at 7440 Bathurst Street is $550, based on the past 12 months of sales, and units tend to sell within 24 days of being listed. 5 units have been rented in the previous 12 months, and 11 units have been sold. Suites often sell for -2.54% below the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as T'Joes Authentic Caribbean Cuisine, Bourbon St. Grill and A&W Canada are all within 6 minutes walking distance from 7440 Bathurst Street. In the mornings, become a regular at Aroma, a quick 2-minute walk from Promenade Towers Condos.

    There are a number of grocery stores within a short drive, including T&T Supermarket, M&M Food Market and FreshCo.

    There are a number of banks within a short drive, including BMO Bank of Montreal and Manulife Bank ABM for all your investment needs.

    Residents at this condo are also just a short drive away from green spaces such as Pierre Elliott Trudeau Park, Bathurst Estates Park and Thornhill Green Park.

    Enhance your personal style while living in the Thornhill - Vaughan neighbourhood by visiting Promenade Shopping Centre.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Orlov Art Gallery, Philip Winestone Photographs and Felicity Art less than a 5-minute drive away will give you a lift.

    Transportation

    Transit riders can catch the Bathurst St At Milner Gate within minutes. Those who live in the area can easily drive to Finch Station, just 10 minutes from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 7460 Bathurst Street, 7420 Bathurst Street and 7601 Bathurst Street.

    4

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    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    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%

    Maintenance Fees

    Promenade Towers Condos vs The Thornhill - Vaughan Area

    Days on Strata

    Units at Promenade Towers Condos spend an average of
    24
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Thornhill - Vaughan

    Turnover of Units

    On average, each unit is owned for
    10.9
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    29th
    Highest price per SQFT out of 43 condos in the Thornhill - Vaughan area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 7440 Bathurst Street

    2 Bed2 Bed + Den
    Price Range$551,000 - $785,000$673,000 - $730,000
    Avg. Cost Per Sqft$576$551
    Avg. Wait for Unit Availability49 Days86 Days
    Ratio of Units in Building71%30%

    Unit Sales vs Inventory

    Total number of units listed and sold in Thornhill - Vaughan