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    18 - 78 Preston Meadow Ave

    For RentSummit City Centre Townhomes
    $3,000/mth
    2 Beds
    2 Bath
    1 Parking
    1,335 SQFT
    18 Days on Strata
    Est Lease Timeframe
    17 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 12, 2024
    Lease Term:
    1 Year
    Property Type:
    Townhouse
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North East
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    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
    Combined with Dining, Balcony, Hardwood Floor
    23.2 x 14.6ft
    Dining
    Combined with Living, Large Window, Hardwood Floor
    23.2 x 14.6ft
    Kitchen
    Built-in Dishwasher, Family Size Kitchen, Breakfast Bar
    15.19 x 10.99ft

    About this Listing

    Spacious and Bright Stacked Townhouse with an Open-Concept Layout 1335 sq. ft. This home features a generous Living and Dining area with a walk-out balcony, plus a separate dining space. The kitchen is large, offering upgraded cabinets and modern appliances, with beautiful hardwood floors throughout the main level. A convenient 2-piece bathroom is located on the main floor, and large windows fill the space with natural light. Pot lights are installed throughout, and the unit has been freshly painted. Enjoy the added convenience of one covered parking spot. This townhouse is ideally located near Square One, public transit, schools, and major highways. The spacious primary bedroom is a standout, and the second bedroom includes its own private balcony. Both bedrooms are upgraded with broadloom carpeting. The unit also features a stand-up shower, separate tub, and a convenient 2-piece laundry room.

    ExtrasTenant's Agent/Tenant To Confirm Measurements. Attach Sch B, B1 & 801. Tenant(s) Responsible For All Utilities.

    search realtyMLS® #W11884225


    Amenities

    Bike Storage
    Visitor Parking
    BBQs Allowed

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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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
    8,654
    Average Individual Income
    $58,099
    Average Household Size
    3 persons
    Average Age
    37
    Average Household Income
    $109,005
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    17%
    20 - 34
    24%
    35 - 49
    21%
    50 - 64
    21%
    65+
    14%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    15%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    41%
    Detached
    32%
    Low Rise Apartment
    20%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    9%
    Punjabi
    7%
    Urdu
    3%
    Tagalog
    2%
    Spanish
    2%
    Hindi
    2%
    Gujarati
    1%
    Education
    High School
    31%
    University and Above
    25%
    College
    19%
    None
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    17%
    Health & Related Fields
    14%
    Social Sciences
    10%
    Math & Computer Sciences
    8%
    Personal, Protective & Transportation Services
    5%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    1%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Summit City Centre Townhomes vs The Hurontario Area

    Days on Strata

    Units at Summit City Centre Townhomes spend an average of
    27
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Hurontario

    Turnover of Units

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

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 50 condos in the Hurontario area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Summit City Centre Townhomes offers the
    ?
    best value out of 50 condos in the Hurontario neighbourhood

    Appreciation Rank

    Summit City Centre Townhomes has the
    ?
    highest ROI out of 50 condos in the Hurontario neighbourhood

    Rental Yield

    Summit City Centre Townhomes yields the
    ?
    highest rent prices out of 50 condos in the Hurontario neighbourhood

    High Demand

    Summit City Centre Townhomes is the
    ?
    most popular building out of 50 condos in the Hurontario neighbourhood

    Transaction Insights at 17-86 Preston Meadow Avenue

    2 Bed
    Price Range$655,000 - $774,000
    Avg. Cost Per Sqft$589
    Avg. Wait for Unit Availability69 Days
    Ratio of Units in Building100%

    Transactions vs Inventory

    Total number of units listed and leased in Hurontario