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    Oakville / Palermo Village Center

    507 - 2490 Old Bronte Rd

    For SaleMint Condos
    $495,000
    Price Cut: $507,000
    1 Bed
    1 Bath
    1 Parking
    503 SQFT
    49 Days on Strata
    Est Sell Timeframe
    18 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $374/mth
    Taxes:
    $1,878 (2024)
    Cost Per Sqft:
    $984/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Open Concept
    9.68 x 8.07ft
    Living
    Combined with Kitchen, Walkout To Balcony
    11.58 x 9.68ft
    Bedroom
    Large Window, Large Closet
    12.66 x 8.24ft

    About this Listing

    Spacious And Upgraded 1 Bedroom 1 Bath With Underground Parking And Storage Locker In Well Maintained Building Located In Highly Desirable Oakville Neighborhood. Unique Corner Unit Offering Privacy. Open Concept Floor Plan With High Ceilings And A Balcony That Offers Clear And Unobstructed South View All The Way Down To The Lake! New Heater/AC Unit Installed In 2023. Minutes From 407, 403, Schools, Shops, Transit, And Bronte Creek Provincial Park.Building Has Tons Of Great Amenities Such As Roof Top Patio, Gym, Party Room And More!

    right at home realtyMLS® #W9359242

    Amenities

    Party Room
    Rooftop Deck
    Media Room
    Security System
    Indoor Parking
    Bike Storage

    Explore Neighbourhood

    2/10
    Walkability
    You may find a lonely mailbox at the corner. Best friends with your sneakers yet?
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

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

    Population
    6,044
    Average Individual Income
    $76,898
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $130,433
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    2%
    20 - 34
    19%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    40%
    $30,000+
    24%
    $60,000+
    17%
    $90,000+
    10%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    53%
    Semi Detached
    21%
    Low Rise Apartment
    16%
    High Rise Apartment
    3%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    91%
    Other
    6%
    Punjabi
    3%
    Education
    High School
    27%
    University and Above
    25%
    College
    23%
    None
    16%
    Apprenticeship
    5%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    22%
    Social Sciences
    12%
    Health & Related Fields
    9%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Physical Sciences
    4%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    Mint Condos vs The Palermo Village Center Area

    Building Trends At Mint Condos

    Days on Strata

    Units at Mint Condos spend an average of
    28
    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 Palermo Village Center

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 9 condos in the Palermo Village Center area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    47
    Units were Rented over the past twelve months

    Best Value Rank

    Mint Condos offers the
    ?
    best value out of 9 condos in the Palermo Village Center neighbourhood

    Appreciation Rank

    Mint Condos has the
    ?
    highest ROI out of 9 condos in the Palermo Village Center neighbourhood

    Rental Yield

    Mint Condos yields the
    ?
    highest rent prices out of 9 condos in the Palermo Village Center neighbourhood

    High Demand

    Mint Condos is the
    ?
    most popular building out of 9 condos in the Palermo Village Center neighbourhood

    Transaction Insights at 2490 Old Bronte Road

    1 Bed1 Bed + Den2 Bed
    Price Range$450,000 - $583,000$535,000 - $550,000$590,000 - $675,000
    Avg. Cost Per Sqft$863$795$786
    Avg. Wait for Unit Availability17 Days93 Days47 Days
    Ratio of Units in Building66%10%25%

    Transactions vs Inventory

    Total number of units listed and sold in Palermo Village Center