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    5525 Palmerston Cres & 5225 Palmerston Cres

    Credit Hills Condominiums
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    Highlights

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    97
    Condo Completion:
    1999
    Condo Demand:
    High
    Unit Size Range:
    1,099 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Indoor Parking
    Visitor Parking
    Amenity details for reference only. Independently verify accuracy.

    About 5525 Palmerston CresCredit Hills Condominiums

    Credit Hills Condominiums was completed in 1999 by . While some buyers associate high maintenance fees with older buildings, maintenance fees at 5525 Palmerston Cres, 5225 Palmerston Cres are only $0.28 per-square-foot. These Central Erin Mills condos for sale offer floor plans that are more spacious than most modern condos; there are 97 suites in this 2-storey residence, and units range from 1099 square feet to 2000 square feet.

    Maintenance fees at 5525 Palmerston Cres, 5225 Palmerston Cres are only $0.28, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 5525 Palmerston Cres, 5225 Palmerston Cres: 3 units have been sold in the past 12 months, and 3 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $613 and units tend to sell for -1.94% below the list price. Units at 5525 Palmerston Cres, 5225 Palmerston Cres have a medium probability of receiving more than one offer. On average, a suite will spend 18 days on the market.

    The Neighbourhood

    Residents at Credit Hills Condominiums don’t have to drive more than 3 minutes to get to a variety of popular restaurants, including The Franklin House, Osmow's Shawarma and The Tea Room. Need caffeine to open your eyes in the morning? No worries, McDonald's, Doris' Bistro-Cafe and Studio.89 have you covered...

    Grocery shopping is never a chore with stores such as Mona Fine Foods, Longo's Glen Erin and SUNNYVALE SUPERMARKET in the area.

    Planning for your future is easy with Scotiabank in the area.

    Residents at this condo are also just a short drive away from green spaces such as Middlebury Green Park, Castlebridge Common and Sugar Maple Woods Trail.

    Those who love to shop will appreciate all the options nearby with Tannery Gate mall, Erin Mills Latin Dance Club and Lunch just 3 minutes from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Culture Rising Streetsville and Arta Muro less than a 4-minute drive away will give you a lift.

    Credit Hills Condominiums is a short drive away from Saint Joseph Catholic Elementary School, Kendellhurst Academy Private School and St. Rose of Lima Separate School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Streetsville Secondary School, John Fraser Secondary School and UCMAS Abacus/iMaths/OBotz-Robotics.

    Transportation

    Transit users will need to trek a bit to Streetsville Go Station, the nearest light transit stop.

    There are several similar condos in the area, such as 5260 McFarren Boulevard, 2555 Thomas Street and 2565 Erin Centre Boulevard — all worth checking out.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Listing History for Credit Hills Condominiums

    Jul, 2025
    5525 Palmerston Cres, unit 83 for sale
    Unit 83
    Jul 22, 202523 days on strata
    Sold for $820,000Listed for $888,8883 bd + 1 | 3 ba | 1,345 sqft | 2 pkg
    Jun, 2025
    5525 Palmerston Cres, unit 55 for rent
    Unit 55
    Jun 10, 202561 days on strata
    ExpiredListed for $3,1003 bd | 3 ba | 1,400-1,599 sqft | 2 pkg
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    Similar Condos

    Explore Central Erin Mills

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    1/10
    Walkability
    You may find a lonely mailbox at the corner. Best friends with your sneakers yet?
    Unknown
    Transit
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    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%



    Days on Strata

    Units at Credit Hills Condominiums spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    4.5
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    18th
    Highest price per SQFT out of 48 condos in the Central Erin Mills area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Credit Hills Condominiums offers the
    ?
    best value out of 48 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Credit Hills Condominiums has the
    ?
    highest ROI out of 48 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Credit Hills Condominiums yields the
    ?
    highest rent prices out of 48 condos in the Central Erin Mills neighbourhood

    High Demand

    Credit Hills Condominiums is the
    ?
    most popular building out of 48 condos in the Central Erin Mills neighbourhood

    Market Insights

    Transaction Insights at Credit Hills Condominiums

    2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$830,000$820,000 - $870,000
    Avg. Cost Per SqftNo Data$594$635
    Avg. Wait for Unit AvailabilityNo Data83 Days341 Days
    Ratio of Units in Building1%86%14%

    Market Inventory

    Total number of units listed and sold in Central Erin Mills