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    1906 - 3883 Quartz Rd

    For SaleM City Condos Phase II
    $609,000
    Price Cut: $619,000
    1 Bed
    1 Bath
    1 Parking
    500 - 599 SQFT
    63 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $420/mth
    Taxes:
    $0 (2024)
    Cost Per Sqft:
    $1,017 - $1,218/sqft
    Locker:
    None
    Outdoor Space:
    Terrace
    Exposure:
    South
    Possession Date:
    November 20, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Other

    Room Dimensions

    Foyer
    Laminate, Closet, Closet
    0 x 0ft
    Kitchen
    Laminate, Open Concept, Modern Kitchen
    12.4 x 19.59ft
    Living
    Laminate, Walkout To Balcony, Combined with Dining
    12.4 x 19.59ft

    About this Listing

    Brand new 1 bdrm apartment in highly sought-after M City community. Offers 570 Sq.Ft of sun-filled space plus 112 Sq. Ft balcony with unobstructed views for miles! Access to balcony from primary bedroom and the living room. 10 Feet Ceiling hight. Modern Kitchen with quartz counters and integrated appliances: fridge, stove, range, free-standing microwave, built-in dishwasher. En-suite Laundry: stackable washer & dryer. Modern flooring throughout. Plenty of storage space: two closets in a hallway. Building features top-tier amenities: Outdoor swimming pool, outdoor BBQ's, rooftop skating rink, & lounges with fireplace stations, modern gym, kids play room and much more! 24-hour concierge. One parking included. The location couldn't be more ideal. Steps away from Square One shopping mall, restaurants, and entertainment options. Easy connectivity to the future LRT and public transport. South view on CN Tower! A desirable place to call home! Taxes are not yet assessed. Maintenance fee approximate.

    Extras5-Star Building Amenities Include Movie Theatre, Sports Bar, FitnessCentre W/ Weights, Spinning, Yoga & Steam Room, Outdoor pool, BBQ area, Modern kitchen, Kids room, Guest suites and much more!

    ipro realty ltd.MLS® #W9300099


    Amenities

    Concierge
    Visitor Parking
    Party Room
    Rec Room
    Rooftop Deck
    Media Room

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    Demographics

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

    Population
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    M City Condos Phase II vs The Downtown Core Area

    Days on Strata

    Units at M City Condos Phase II spend an average of
    54
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    27
    Units were Sold over the past twelve months

    Rented Units

    263
    Units were Rented over the past twelve months

    Best Value Rank

    M City Condos Phase II offers the
    ?
    N/A
    best value out of 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    M City Condos Phase II has the
    ?
    N/A
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    M City Condos Phase II yields the
    ?
    N/A
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    M City Condos Phase II is the
    ?
    N/A
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 3883 Quartz Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$421,000$391,000 - $510,000$480,000 - $585,000$550,000 - $699,900$675,000 - $800,000No DataNo Data
    Avg. Cost Per Sqft$889$994$830$838$793No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data41 Days39 Days54 Days263 DaysNo DataNo Data
    Ratio of Units in Building2%21%27%34%16%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core