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    2245 Eglinton Avenue E

    Versailles Court Condos
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    9
    Number of Units:
    90
    Condo Completion:
    1994
    Condo Demand:
    Medium
    Unit Size Range:
    700 - 1,299 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Versailles Court Condos

    Receive listing updates for Ionview

    Amenities

    Visitor Parking
    Concierge
    Car Wash
    Indoor Parking
    Security System
    BBQs Allowed

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2245 Eglinton Avenue EVersailles Court Condos

    Anyone who’s seeking a Toronto condo for sale should definitely consider Versailles Court Condos at 2245 Eglinton Avenue E. Versailles Court Limited completed this building back in 1994, but unlike other buildings of that age, maintenance fees are actually quite reasonable at $0.71 per-square-foot. The building is 9 storeys tall and is home to 90 suites. Units start at 700 square feet on the low end, and can go up to 1299 square feet.

    Maintenance fees are $0.71 per-square-foot, which is higher than the neighbourhood average of $0.67 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 2245 Eglinton Avenue E is $494, based on the past 12 months of sales, and units tend to sell within 28 days of being listed. 2 units have been rented in the previous 12 months, and 4 units have been sold. Suites often sell for 9.94% above the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Mrs. & Mr. Cook, Joe & Lin Restaurant and House of China Restaurant are all within 3 minutes walking distance from 2245 Eglinton Avenue E. To fuel up in the morning, head to Eat To Sweets Cafe and Tim Hortons to grab your beverage of choice.

    There are a number of grocery stores within a short drive, including Rob's No Frills, Al Premium Food Mart and Yal Market.

    There are a number of banks within a short drive, including HSBC Bank and CIBC Branch with ATM for all your investment needs.

    Getting some fresh air is a breeze when you live at 2245 Eglinton Avenue E because excellent green spaces like Eglinton Ravine Park and Maidavale Park are walkable in under 10 minutes.

    Enhance your personal style while living in the Ionview neighbourhood by visiting Kenway Plaza, Kennedy Park Plaza and Costco Wholesale.

    Cineplex Odeon Eglinton Town Centre Cinemas is just a short drive away for movie nights.

    There are plenty of nearby school choices — Ionview Public School, Lord Roberts Junior Public School and Walter Perry Junior Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Scarborough Centre for Alternative Studies, Midland Avenue Collegiate Institute and South East Year Round Alternative Centre can be reached by car in under 3 minutes.

    Transportation

    Residents have transit options in the Ionview neighbourhood; A light transit stop at Eglinton Ave East At Rosemount Dr can carry you to your destination in no time at all. Kennedy station is only 2 minutes walking distance from the building.

    There are several similar condos in the area, such as 825 Kennedy Road, 665 Kennedy Road and 2460 Eglinton Avenue E — all worth checking out.

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    Explore Ionview

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar condos

    Demographics

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

    Population
    7,401
    Average Individual Income
    $55,473
    Average Household Size
    0 persons
    Average Age
    44
    Average Household Income
    $101,686
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    18%
    50 - 64
    24%
    65+
    20%
    Household Income
    $0 - $30,000
    56%
    $30,000+
    23%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    47%
    Semi Detached
    36%
    Duplex
    8%
    Low Rise Apartment
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    45%
    Cantonese
    27%
    Mandarin
    16%
    Other
    5%
    Tamil
    3%
    Tagalog
    2%
    Urdu
    1%
    Punjabi
    1%
    Education
    High School
    32%
    University and Above
    24%
    None
    24%
    College
    14%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Personal, Protective & Transportation Services
    3%
    Education
    3%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Versailles Court Condos vs The Ionview Area

    Days on Strata

    Units at Versailles Court Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    10%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    8.5
    YEARS before being sold again

    Property Value

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

    Price Ranking

    1st
    Highest price per SQFT out of 8 condos in the Ionview area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Versailles Court Condos offers the
    ?
    best value out of 8 condos in the Ionview neighbourhood

    Appreciation Rank

    Versailles Court Condos has the
    ?
    highest ROI out of 8 condos in the Ionview neighbourhood

    Rental Yield

    Versailles Court Condos yields the
    ?
    highest rent prices out of 8 condos in the Ionview neighbourhood

    High Demand

    Versailles Court Condos is the
    ?
    most popular building out of 8 condos in the Ionview neighbourhood

    Transaction Insights at 2245 Eglinton Avenue E

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$375,000No Data$475,000No Data
    Avg. Cost Per Sqft$400No Data$472No Data
    Avg. Wait for Unit Availability370 Days323 Days151 Days493 Days
    Ratio of Units in Building29%16%45%12%

    Unit Sales vs Inventory

    Total number of units listed and sold in Ionview