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    for rent
    45 Days on Strata
    Est Lease Timeframe:
    21 Days

    4 - 3556 Colonial Dr

    The Way
    $3,000/mth
    2 Beds
    3 Bath
    1 Parking
    1,200 - 1,399 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Property Type:
    Condo Townhouse
    Possession Date:
    Oct 8
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    Partially
    Outdoor Space:
    Balcony
    Laundry:
    Ensuite
    Locker:
    None
    Exposure:
    East

    Amenities

    BBQs Allowed
    Indoor Parking
    Bike Storage
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Only 2 years old and highly upgraded stunning townhouse features a modern and functional open-concept layout with large windows providing abundant natural light. The main floor boasts wide plank engineered laminate flooring, while the upgraded kitchen is equipped with quartz countertops, a ceramic tile backsplash, and stainless steel appliances. Upstairs, the spacious master bedroom includes a 4-piece ensuite, with a second full bathroom and laundry on the second floor. Enjoy the added luxury of a private rooftop terrace, perfect for entertaining or relaxing outdoors. Located steps from shopping, eateries, Costco, Walmart, U of T, Credit Valley Hospital, and public transit. Easy access to highways and the new Ridgeway Plaza. Tenant pays utilities and hot water tank rental. High speed Internet is included.

    ExtrasS/S Fridge, S/S Stove, S/S Dish Washer, S/S Built in Microwave, Cloth Washer & Dryer.

    re/max real estate centre inc.MLS® #W12451016

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Not Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Room dimensions are not available for this listing.

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore Erin Mills

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    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 Way

    Days on Strata

    Units at The Way spend an average of
    19
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Erin Mills

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 44 condos in the Erin Mills area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    45
    Units were Rented over the past twelve months

    Best Value Rank

    The Way offers the
    ?
    N/A
    best value out of 44 condos in the Erin Mills neighbourhood

    Appreciation Rank

    The Way has the
    ?
    N/A
    highest ROI out of 44 condos in the Erin Mills neighbourhood

    Rental Yield

    The Way yields the
    ?
    N/A
    highest rent prices out of 44 condos in the Erin Mills neighbourhood

    High Demand

    The Way is the
    ?
    N/A
    most popular building out of 44 condos in the Erin Mills neighbourhood

    Market Insights

    Transaction Insights at The Way

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$1,900 - $2,200$1,980$2,200 - $2,900$2,900
    Avg. Wait for Unit Availability35 Days176 Days9 Days137 Days
    Ratio of Units in Building10%2%87%4%

    Market Inventory

    Total number of units listed and leased in Erin Mills