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    525 Novo Star Drive & 520 Novo Star Drive

    520-525 Novo Star Drive Townhomes
    0for Sale
    2for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    3
    Number of Units:
    236
    Condo Completion:
    2004
    Condo Demand:
    Low
    Unit Size Range:
    849 - 1,900 SQFT
    Unit Availability:
    Low

    Listing History for 520-525 Novo Star Drive Townhomes

    Receive listing updates for Meadowvale Village

    Amenities

    Visitor Parking
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 525 Novo Star Drive520-525 Novo Star Drive Townhomes

    520-525 Novo Star Drive Townhomes is a Mississauga condo located at 520 Novo Star Drive, 525 Novo Star Drive in the Meadowvale Village neighbourhood. The condo was completed in 2004 and features 236 units over 3 storeys. Mississauga condo for sale here range from 849 square feet, up to 1900 square feet.

    The Suites

    On average, units at 520 Novo Star Drive, 525 Novo Star Drive sell -0.08% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $524 and units sell with 31 days on market on average. Over the past 12 months, 2 have sold and 2 have have been rented here.

    The Neighbourhood

    Not everyone can claim the title of home chef, but those who live in this condo can leave the cooking to the professionals, and grab a bite at Hakka Khazana Restaurant Mississauga and The Grand Sweets and Snacks - Mississauga,Toronto. To fuel up in the morning, head to McDonald's to grab your beverage of choice.

    Grocery shopping can feel like a chore — but not when Food Basics are just an easy 10-minute walk away.

    Residents here can stop by TD Bank and BMO Bank of Montreal on their way home from work, so they can take care of their financial needs.

    520 Novo Star Drive, 525 Novo Star Drive is just a short 2-minute drive to several green spaces like Novo Star Park, Fletcher's Flats (Formerly Old Meadowvale Conservation Area) and White Willow Common Park.

    There are plenty of nearby school choices — St. Julia Catholic Elementary School — with more in neighbouring areas so you can find the best school for your child’s needs.

    Transportation

    Transit users will need to trek a bit to Hurontario St At Ray Lawson Blvd, the nearest light transit stop. Those who live in the area can easily drive to Kipling, just 41 minutes from the building.

    There are several similar condos in the area, such as 7155 Magistrate Terrace, 770 Othello Court and 7360 Zinnia Place — all worth checking out.

    Reviews for 520-525 Novo Star Drive Townhomes

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    Listings For Sale

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    2

    Listings For Rent

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    Explore Meadowvale Village

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    4/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    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
    10,626
    Average Individual Income
    $61,714
    Average Household Size
    2 persons
    Average Age
    39
    Average Household Income
    $110,038
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    24%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    27%
    $60,000+
    17%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    54%
    Semi Detached
    28%
    Duplex
    7%
    Low Rise Apartment
    5%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    78%
    Other
    14%
    Spanish
    2%
    Urdu
    2%
    Tagalog
    1%
    Hindi
    1%
    Mandarin
    1%
    Cantonese
    1%
    Education
    High School
    31%
    University and Above
    24%
    College
    22%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Visual & Performing Arts
    4%

    Days on Strata

    Units at 520-525 Novo Star Drive Townhomes spend an average of
    31
    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 Meadowvale Village

    Turnover of Units

    On average, each unit is owned for
    3.1
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 10 condos in the Meadowvale Village area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    520-525 Novo Star Drive Townhomes offers the
    ?
    best value out of 10 condos in the Meadowvale Village neighbourhood

    Appreciation Rank

    520-525 Novo Star Drive Townhomes has the
    ?
    highest ROI out of 10 condos in the Meadowvale Village neighbourhood

    Rental Yield

    520-525 Novo Star Drive Townhomes yields the
    ?
    highest rent prices out of 10 condos in the Meadowvale Village neighbourhood

    High Demand

    520-525 Novo Star Drive Townhomes is the
    ?
    most popular building out of 10 condos in the Meadowvale Village neighbourhood

    Transaction Insights at 525 Novo Star Drive

    1 Bed3 Bed3 Bed + Den
    Price RangeNo Data$815,000 - $910,000No Data
    Avg. Cost Per SqftNo Data$524No Data
    Avg. Wait for Unit AvailabilityNo Data69 Days129 Days
    Ratio of Units in Building1%75%25%

    Unit Sales vs Inventory

    Total number of units listed and sold in Meadowvale Village