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    for sale
    32 Days on Strata
    Est Sell Timeframe:
    17 Days

    109 - 4850 Glen Erin Dr

    Papillon Place III Condos
    $584,900
    2 Beds
    2 Bath
    1 Parking
    851 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $800/mth
    Taxes:
    $3,453 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $687/sqft
    Outdoor Space:
    Terrace
    Locker:
    Owned
    Possession Date:
    Now
    Exposure:
    South West

    Amenities

    Concierge
    Gym
    Indoor Pool

    About this Listing

    One of the best Location in Erin Mills, This Incredible Executive Condo Close to Hwy 403, Within Steps to Schools Public Transit and Erin Mills Town Centre, large Corner Unit on the main floor, large pantry. Walkout to Yard/ Visitor parking to Make it Convenient for bringing in Groceries. Upgrade Kitchen Cabinet with granite counter top, new laminate floor, fresh painting, very good condition so Don't Miss it.

    ExtrasS/S Fridge, S/S Stove, S/S Dishwasher, Washer and Dryer, All Window Covering, All light fixtures

    re/max real estate centre inc.MLS® #W12471578

    Utilities & Inclusions

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

    Dimensions

    Living
    20.41 x 10.01ft
    Laminate, Combined with Dining
    Dining
    20.41 x 10.01ft
    Laminate, Combined with Living
    Kitchen
    8.01 x 8.01ft
    Ceramic Floor, Granite Counter, Stainless Steel Appliances
    Bedroomeakfast
    9.09 x 6ft
    Ceramic Floor, Walkout To Terrace
    Primary
    11.68 x 10.99ft
    Laminate, Walk-in Closet, 3 Piece Bath
    2nd Bedroom
    10.5 x 11.25ft
    Laminate, Closet
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    Explore Central Erin Mills

    Map

    © OpenStreetMap
    map of location
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    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!'

    Mortgage Calculator

    Demographics

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

    Population
    7,389
    Average Individual Income
    $57,605
    Average Household Size
    3 persons
    Average Age
    38
    Average Household Income
    $114,469
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    44%
    Low Rise Apartment
    6%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    75%
    Other
    9%
    Punjabi
    8%
    Tagalog
    2%
    Spanish
    2%
    Urdu
    2%
    Hindi
    1%
    Gujarati
    1%
    Education
    High School
    32%
    University and Above
    23%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    22%
    Social Sciences
    11%
    Health & Related Fields
    9%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Building Trends At Papillon Place III Condos

    Days on Strata

    Units at Papillon Place III Condos spend an average of
    48
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 48 condos in the Central Erin Mills area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    25
    Units were Rented over the past twelve months

    Best Value Rank

    Papillon Place III Condos offers the
    ?
    best value out of 48 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Papillon Place III Condos has the
    ?
    highest ROI out of 48 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Papillon Place III Condos yields the
    ?
    highest rent prices out of 48 condos in the Central Erin Mills neighbourhood

    High Demand

    Papillon Place III Condos is the
    ?
    most popular building out of 48 condos in the Central Erin Mills neighbourhood

    Market Insights

    Transaction Insights at Papillon Place III Condos

    1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$444,000 - $496,000$565,000 - $610,000
    Avg. Cost Per SqftNo Data$762$702
    Avg. Wait for Unit Availability93 Days124 Days67 Days
    Ratio of Units in Building28%18%50%

    Market Inventory

    Total number of units listed and sold in Central Erin Mills