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    Erin Mills

    3140 Fifth Line W

    3140 Fifth Line Townhomes
    2for Sale
    0for Rent

    Building Highlights

    Property Type:

    Townhouse

    Number of Storeys:

    1

    Number of Units:

    35

    Condo Completion:

    1990

    Condo Demand:

    Low

    Unit Size Range:

    1,478 - 1,900 SQFT

    Unit Availability:

    Low

    Property Management:

    Maple Ridge Community Management

    Amenities

    Visitor Parking
    Indoor Parking
    BBQs Allowed

    About 3140 Fifth Line W — 3140 Fifth Line Townhomes

    Located at 3140 Fifth Line W, 3140 Fifth Line Townhomes is a 1-storey condo containing 35 units. These Mississauga condos were developed by and completed in 1990. Units start at 1478 square feet and can be as large as 1900 square feet. What makes a Erin Mills condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 74.

    The Neighbourhood

    Residents at 3140 Fifth Line Townhomes don’t have to drive more than 2 minutes to get to a variety of popular restaurants, including Popular Pizza, Sufra Resturant and Pizzaville. Erin Mills has plenty to offer coffee enthusiasts, with great cafes like Latin Hut, McDonald's and Starbucks.

    There are a number of grocery stores within a short drive, including Kaf African Carribbean Market Inc., Terra Foodmart and Palma Pasta.

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

    Having Brookmede Park, Millway Gate Park and Windy Hollow within 10 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 3140 Fifth Line W, including Millway Shopping Centre, Sherwood Forrest Village and South Common Centre which are only 3 away.

    When the weekend rolls around, Progressive Fine Art, Crescent Hill Gallery and Envers Chapin Gallery are within a short 4-minute drive away.

    If you're open to commuting, a quick transit ride offers even more options, including Thinnox STEAM School, Active Education Learning Centre and Gems Learning Institute.

    Transportation

    Taking public transit? The nearest light transit stop is South Common Centre Bus Terminal. Kipling isn’t within a close walking distance, but you can drive there in about 44 minutes.

    Maintenance Fees

    Included in Fees
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Listing History for 3140 Fifth Line Townhomes

    Jun 26, 2024 • 75 days on Strata
    sold
    $975,000Down from $999,900
    21 - 3140 Fifth Line W
    3
    3
    2
    1768 Sqft
    Mar 25, 2024 • 39 days on Strata
    terminated
    $1,059,000
    21 - 3140 Fifth Line W
    3
    3
    2
    1768 Sqft
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    2

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    Similar Condos

    Explore Erin Mills

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    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.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.
    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.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

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

    Population
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%

    Building Trends At 3140 Fifth Line Townhomes

    Days on Strata

    Units at 3140 Fifth Line Townhomes spend an average of
    74
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    8.6
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 45 condos in the Erin Mills area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    3140 Fifth Line Townhomes offers the
    ?
    best value out of 45 condos in the Erin Mills neighbourhood

    Appreciation Rank

    3140 Fifth Line Townhomes has the
    ?
    highest ROI out of 45 condos in the Erin Mills neighbourhood

    Rental Yield

    3140 Fifth Line Townhomes yields the
    ?
    highest rent prices out of 45 condos in the Erin Mills neighbourhood

    High Demand

    3140 Fifth Line Townhomes is the
    ?
    most popular building out of 45 condos in the Erin Mills neighbourhood

    Market Insights

    Transaction Insights at 3140 Fifth Line Townhomes

    2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$975,000No Data
    Avg. Cost Per SqftNo Data$607No Data
    Avg. Wait for Unit AvailabilityNo Data178 DaysNo Data
    Ratio of Units in Building7%91%4%

    Market Inventory

    Total number of units listed and sold in Erin Mills