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    Mississauga / Central Erin Mills

    707 - 4889 Kimbermount Ave

    For RentPapillon Place II Condos
    $2,800/mth
    2 Beds
    1 Bath
    1 Parking
    760 SQFT
    19 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Possession Date:
    As Soon As Possible
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Exclusive
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    17 x 10.99ft
    Dining
    Laminate, Walkout To Balcony, Combined with Living
    17 x 10.99ft
    Bedroom
    Laminate, Large Window, Walk-in Closet
    12.01 x 10.01ft

    About this Listing

    This absolutely gorgeous suite in Central Erin Mills is in the process of having a fully enclosed 2nd Bedroom with closet, window new wall, interior door and beautiful new wall unit on the opposite of the new bedroom wall in the living room. This condo is a legal 760 sqft 2 Bedroom. It features a spacious open concept floorpan with loads of natural light and a large eat-in kitchen with a breakfast bar overlooking the dining area and large window with unobstructed views. Desirable layout: Both bedrooms in the suite are separated by the living/dining room. The well sized primary bedroom can easily fit a King size bed and features a walk in closet. The building features excellent amenities such as 24 hr concierge, gyms, 2 party rooms with kitchens, 2 pool tables, pool (under renovation), saunas, rooftop terrace with bbqs & plenty of visitor parking. This suite features beautiful unobstructed Sout East Views. The open balcony overlooks John C Pallet Park. Located steps to Credit Valley Hospital, Erin Mills Towne Centre, John Fraser Secondary school and public transit.

    ExtrasLocker and One (1) underground parking included. Heat/AC, Hydro and Water are included in the rent.

    royal lepage signature realtyMLS® #W11884424

    Amenities

    Sauna
    Visitor Parking
    Concierge
    Games Room
    Media Room
    Gym Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Papillon Place II Condos vs The Central Erin Mills Area

    Building Trends At Papillon Place II Condos

    Days on Strata

    Units at Papillon Place II Condos spend an average of
    23
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 4889 Kimbermount Avenue

    1 Bed1 Bed + Den2 Bed
    Price Range$489,000 - $520,000$480,000 - $500,000$580,000 - $675,000
    Avg. Cost Per Sqft$851$749$732
    Avg. Wait for Unit Availability121 Days119 Days61 Days
    Ratio of Units in Building29%18%55%

    Transactions vs Inventory

    Total number of units listed and leased in Central Erin Mills