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    for sale
    53 Days on Strata
    Est Sell Timeframe:
    15 Days
    1 Bed
    1 Bath
    1 Parking
    700 SQFT
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    Price History


    Maintenance Fees:
    $705/mth
    Taxes:
    $2,150 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $713/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    South West

    Amenities

    Concierge
    Gym
    Guest Suites
    Indoor Pool
    Party Room
    Playground

    About this Listing

    Welcome to 5229 Dundas Street West, Unit #2002 - The Essex 1. Discover the perfect blend of comfort, convenience, and community in this thoughtfully maintained 1-bedroom, 1-bathroom condominium, offering 700 SF of functional living space. The well-designed layout features a spacious living and dining area that flows seamlessly to a private balcony, filling the home with natural light. The kitchen is generously sized for a condo, featuring a convenient centre island, double sink, backsplash, and ample workspace. The unit is complete with a 4-piece bathroom, ensuite laundry, underground parking space and locker. The well-managed building offers a full package of amenities including 24-hour concierge, guest suites, visitor parking, lounge, library, party room, boardroom, gym, indoor pool, hot tub, sauna, virtual golf, playground, gazebo, and BBQ area - perfect for relaxation or entertaining. Situated steps from Kipling TTC and Kipling GO Station, commuting is effortless, and quick access to Highway 427 and the Gardiner Expressway makes getting around the city a breeze. Enjoy the neighbourhoods plethora of community parks, Islington Golf Club, and a variety of cafes, restaurants, grocery stores and shops right at your doorstep. Whether you're a first-time buyer, downsizer, or investor, this home offers exceptional value in a prime location.

    ExtrasAll existing light fixtures and appliances including fridge, stove, dishwasher, washer and dryer.

    sam mcdadi real estate inc.MLS® #W12431916

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Not 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


    Kitchen
    9.55 x 14.31ft
    Centre Island, Backsplash, hardwood floor
    Dining
    7.61 x 14.31ft
    Combined with Kitchen, Combined with Living, hardwood floor
    Living
    12.5 x 10.3ft
    Walkout To Balcony, Sliding Doors, hardwood floor
    Primary
    14.83 x 10.07ft
    Large Window, Closet, hardwood floor

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

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

    Population
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%


    Days on Strata

    Units at The Essex I Condos spend an average of
    47
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

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

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    38th
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    The Essex I Condos offers the
    ?
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    The Essex I Condos has the
    ?
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    The Essex I Condos yields the
    ?
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    The Essex I Condos is the
    ?
    most popular building out of 74 condos in the Islington | City Centre West neighbourhood

    Market Insights

    Transaction Insights at The Essex I Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$460,000 - $615,000$670,000 - $715,000$668,000 - $1,098,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$680$766$632No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data152 Days131 Days169 Days83 DaysNo DataNo Data
    Ratio of Units in Building1%17%23%20%38%1%1%

    Market Inventory

    Total number of units listed and sold in Islington | City Centre West