Maintenance Fees
The Palace Condos vs The Erin Mills Area
for sale
9 Days on Strata
- Est Sell Timeframe:
- 15 Days
PH7 - 1900 The Collegeway
$775,000
1 Bed
2 Bath
1 Parking
1,040 SQFT
Price History
- Maintenance Fees:
- $774/mth
- Taxes:
- $5,066 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $745/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Now
- Exposure:
- North East
Amenities
BBQs Allowed
Car Wash
Concierge
Guest Suites
Gym
Indoor Pool
About this Listing
Fantastic opportunity to move into this Luxury Building, known as The Palace. This one bedroom suite is spacious and bright with a large balcony measuring 17'4" x 9'. The views are simply spectacular - panoramic all the way to down town Toronto, Lake Ontario, overlooking the Mississauga skyline and the surrounding ravine and greenbelt. The suite has beautiful hardwood floors, a cozy gas fireplace for those cool evenings, and a convenient passthrough to the kitchen. Great sized bedroom with closet fixtures in the large closet. The entrance is spacious for welcoming guests with it's coffered ceiling and a large coat closet with built-in fixtures. Phenomenal resort style amenities including pool, Club/party room with patio, gym, plus professional car wash & hobby rm. Enjoy all the amenities in the building as well as the walking trails in the surrounding greenbelt.
ExtrasFridge, stove, built-in dishwasher, built-in microwave, washer, dryer, BBQ, electric lightfixtures, window coverings. Heat and air are controlled in the suite.
re/max escarpment realty inc.MLS® #W12537132
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Heat Pump
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 18.5 x 16.67ft
- hardwood floor, Gas Fireplace, Walkout To Balcony
- Dining
- 14.34 x 12.01ft
- hardwood floor, Combined with Living
- Kitchen
- 11.25 x 10.99ft
- Porcelain Floor, Pass Through
- Primary
- 15.26 x 11.91ft
- hardwood floor, Double Closet, Closet Organizers
- Laundry
- 7.91 x 4.99ft
- Ceramic Floor
- Utility
- 4.99 x 3.08ft
- Ceramic Floor
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Erin Mills
Map
4/10
Walkability
Halfway to a walker's paradise, you might want to invest in a hoverboard.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
6/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
Mortgage Calculator
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
16,222
Average Individual Income
$61,371
Average Household Size
3 persons
Average Age
45
Average Household Income
$108,609
Dominant Housing Type
Semi Detached
Population By Age
Household Income
Housing Types & Tenancy
Semi Detached
37%
Detached
30%
High Rise Apartment
18%
Low Rise Apartment
10%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
English
80%
Other
10%
Punjabi
5%
Tagalog
1%
Spanish
1%
Hindi
1%
Mandarin
1%
Urdu
1%
Education
High School
31%
University and Above
23%
College
20%
None
17%
Apprenticeship
4%
University Below Batchelor
1%
Major Field of Study
Business Management
25%
Architecture & Engineering
21%
Social Sciences
11%
Health & Related Fields
10%
Math & Computer Sciences
6%
Personal, Protective & Transportation Services
5%
Humanities
5%
Education
4%
Physical Sciences
3%
Visual & Performing Arts
3%
Building Trends At The Palace Condos
Days on Strata
Units at The Palace Condos spend an average of
31
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Erin Mills
Turnover of Units
On average, each unit is owned for
10.5
YEARS before being sold againProperty Value
1%
Increase in property value within the past twelve months
Price Ranking
7th
Highest price per SQFT out of 44 condos in the Erin Mills area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
0
Units were Rented over the past twelve months
Best Value Rank
The Palace Condos offers the best value out of 44 condos in the Erin Mills neighbourhood
?
Appreciation Rank
The Palace Condos has the highest ROI out of 44 condos in the Erin Mills neighbourhood
?
Rental Yield
The Palace Condos yields the highest rent prices out of 44 condos in the Erin Mills neighbourhood
?
High Demand
The Palace Condos is the most popular building out of 44 condos in the Erin Mills neighbourhood
?
Market Insights
Transaction Insights at The Palace Condos
| 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | No Data | $1,500,000 | No Data | $1,325,000 |
| Avg. Cost Per Sqft | No Data | No Data | $677 | No Data | $519 |
| Price Range | No Data | No Data | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 150 Days | 123 Days | No Data | 2822 Days |
| Avg. Wait for Unit Availability | 364 Days | No Data | 707 Days | No Data | No Data |
| Ratio of Units in Building | 1% | 25% | 64% | 1% | 4% |
Market Inventory
Total number of units listed and sold in Erin Mills
