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    2545 Erin Centre Boulevard

    Parkway Place III Condos
    5for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    203
    Condo Completion:
    2002
    Condo Demand:
    Low
    Unit Size Range:
    462 - 1,360 SQFT
    Unit Availability:
    Medium

    Listing History for Parkway Place III Condos

    Receive listing updates for Central Erin Mills

    Amenities

    Concierge
    Party Room
    Tennis Court
    Rec Room
    Security System
    Sauna

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Excluded
    None

    About 2545 Erin Centre BoulevardParkway Place III Condos

    Parkway Place III Condos was completed in 2002 by Pemberton Group. While some buyers associate high maintenance fees with older buildings, maintenance fees at 2545 Erin Centre Boulevard are only $1.04 per-square-foot. These Central Erin Mills condos for sale offer floor plans that are more spacious than most modern condos; there are 203 suites in this 20-storey residence, and units range from 462 square feet to 1360 square feet.

    Maintenance fees at 2545 Erin Centre Boulevard are $1.04 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for a unit at 2545 Erin Centre Boulevard is $855 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.

    Units at Parkway Place III Condos spend 40 days on the market on average and usually sell for -1.99% below the listing price. In the last 12 months, 6 units have rented, and 8 have sold.

    The Neighbourhood

    Living here means you’re just a 8-minute walk from A&W Canada, Tim Hortons and Shanghai 360, making it easy to dazzle your taste buds without much effort. Need caffeine to open your eyes in the morning? No worries, Doris' Bistro-Cafe, Studio.89 and Tim Hortons have you covered...

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

    There are a number of banks within a short drive, including Scotiabank for all your investment needs.

    2545 Erin Centre Boulevard is just a short 2-minute drive to several green spaces like Duncairn Downs Park, Middlebury Green Park and Sugar Maple Woods Trail.

    Those who love to shop will appreciate all the options nearby with Erin Mills Latin Dance Club, Lunch and Erin Mills Town Centre just 8 minutes from here.

    When the weekend rolls around, Arta Muro are within a short 2-minute drive away.

    Parkway Place III Condos is a short drive away from St. Rose of Lima Separate School, giving you plenty of choice for your child’s education. Central Erin Mills is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending John Fraser Secondary School, UCMAS Abacus/iMaths/OBotz-Robotics and Steam Works Studio Canada. And you’ll have peace of mind they’re nearby!

    Transportation

    Taking public transit? The nearest light transit stop is Erin Mills Town Centre Bus Terminal Platform C.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 2585 Erin Centre Boulevard, 2565 Erin Centre Boulevard and 5305 Glen Erin Drive.

    Parkway Place III Condos Reviews

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    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    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
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    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%

    Maintenance Fees

    Parkway Place III Condos vs The Central Erin Mills Area

    Days on Strata

    Units at Parkway Place III Condos spend an average of
    40
    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
    4.9
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Parkway Place III Condos offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Parkway Place III Condos has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Parkway Place III Condos yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    Parkway Place III Condos is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 2545 Erin Centre Boulevard

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$480,000 - $530,000$620,000$542,500No Data
    Avg. Cost Per Sqft$913$609$663No Data
    Avg. Wait for Unit Availability46 Days1485 Days74 Days618 Days
    Ratio of Units in Building62%2%35%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in Central Erin Mills