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For SaleThe Condominiums of CornellEst Sell Timeframe 13 Days
$575,000
1 Bed + 1
1 Bath
1 Parking
715 SQFT
29 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$412/mth
Taxes:
$2,143 (2024)
Cost Per Sqft:
$804/sqft
Locker:
Ensuite
Outdoor Space:
Balcony
Exposure:
North
Possession Date:
To Be Determined
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Air Conditioning
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Patio
42.62 x 42.62ft
Dining
Laminate, Combined with Living, Open Concept
42.62 x 42.62ft
Kitchen
Laminate, Granite Counter, Stainless Steel Appliances
29.07 x 29.5ft
About this Listing
**Must See** Beautiful and well Maintained Large 1+1 Bedroom Condo in The Highly Desirable Cornell Community. Lots of Upgrades. Close to All Amenities Including Markville Mall, Hospital, Parks, Schools, Rec Centre, Public Transit And Medical Building. Close to Hwy 407 & 404
ExtrasAll Existing Light Fixtures- Window Coverings, Stainless Steel Fridge, Oven Range, Built-in Dishwasher, Built-in Microwave, Washer, Dryer, Hwt (Rental).
the guardian home realty inc.MLS® #N10924790
Amenities
Concierge
Bike Storage
Indoor Parking
Rooftop Deck
Party Room
Visitor Parking
Explore Neighbourhood
2/10
Walkability
A sight of a grocery store is as rare as a unicorn sighting.
4/10
Transit
It's a dice roll — but hey, sometimes you roll a six!
2/10
Bikeability
If biking were a video game, this would be expert mode.
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
8,220
Average Individual Income
$77,542
Average Household Size
3 persons
Average Age
40
Average Household Income
$128,832
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
64%
Semi Detached
18%
Duplex
8%
Low Rise Apartment
6%
High Rise Apartment
2%
Marital Status
Commute
Languages (Primary Language)
English
89%
Other
8%
Punjabi
2%
Mandarin
1%
Education
High School
30%
University and Above
21%
College
20%
None
19%
Apprenticeship
5%
University Below Batchelor
2%
Major Field of Study
Business Management
21%
Architecture & Engineering
20%
Health & Related Fields
13%
Social Sciences
13%
Humanities
6%
Personal, Protective & Transportation Services
5%
Education
5%
Math & Computer Sciences
4%
Visual & Performing Arts
4%
Physical Sciences
2%
Agriculture & Natural Resources
2%
Price Trends
Maintenance Fees
The Condominiums of Cornell vs The Cornell Area
Building Trends At The Condominiums of Cornell
Days on Strata
Units at The Condominiums of Cornell spend an average of
40
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Cornell
Turnover of Units
On average, each unit is owned for
5
YEARS before being sold againProperty Value
2%
Increase in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 8 condos in the Cornell area
Sold Units
5
Units were Sold over the past twelve months
Rented Units
7
Units were Rented over the past twelve months
Best Value Rank
The Condominiums of Cornell offers the best value out of 8 condos in the Cornell neighbourhood
?
Appreciation Rank
The Condominiums of Cornell has the highest ROI out of 8 condos in the Cornell neighbourhood
?
Rental Yield
The Condominiums of Cornell yields the highest rent prices out of 8 condos in the Cornell neighbourhood
?
High Demand
The Condominiums of Cornell is the most popular building out of 8 condos in the Cornell neighbourhood
?
Transaction Insights at 3150 Bur Oak Avenue
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $760,000 | $636,800 | $815,000 | $898,000 - $900,000 |
| Avg. Cost Per Sqft | $984 | $708 | $721 | $815 |
| Price Range | No Data | $2,600 | $2,600 - $2,950 | $2,850 |
| Avg. Wait for Unit Availability | 569 Days | 73 Days | 67 Days | 168 Days |
| Avg. Wait for Unit Availability | 124 Days | 94 Days | 42 Days | 156 Days |
| Ratio of Units in Building | 8% | 27% | 48% | 19% |
Transactions vs Inventory
Total number of units listed and sold in Cornell
