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    40 Panorama Court Condos
    3for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    17
    Number of Units:
    202
    Condo Completion:
    1980
    Condo Demand:
    Medium
    Unit Size Range:
    549 - 1,600 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 40 Panorama Court Condos

    Receive listing updates for Mount Olive | Silvestone | Jamestown

    Amenities

    Sauna
    Visitor Parking
    Rec Room
    Concierge
    Tennis Court
    Gym Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 40 Panorama Court40 Panorama Court Condos

    Anyone who’s seeking a Toronto condo for sale should consider 40 Panorama Court Condos at 40 Panorama Court. Milac Holdings Ltd. completed this building back in 1980, but unlike other buildings of that age, maintenance fees are quite reasonable at $0.67 per-square-foot. The 17-storey building is home to 202 suites with units ranging between 549 and 1600 square feet.

    Maintenance fees are $0.67 per-square-foot, which is higher than the neighbourhood average of $0.60 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 40 Panorama Court is $467, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at 40 Panorama Court Condos spend 38 days on the market on average and usually sell for -2.54% below the listing price. In the last 12 months, 2 units have rented, and 7 have sold.

    The Neighbourhood

    Living here means you’re just a 10-minute walk from Romeo’s Island Grill, Little Naija Restaurant and Lucky Star Restaurant, making it easy to dazzle your taste buds without much effort. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 17 minutes to get to McDonald's, Tim Hortons and Sunrise Bagel.

    Grocery shopping is never a chore with stores such as Rabba Fine Foods, Walmart Woodbridge and Sheriff's No Frills in the area.

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

    Humberview Park and Panorama Park Community Garden are only steps away, so residents always have a place to relax in nature.

    Those who love to shop will appreciate all the options nearby with Nails & Spa and The Albion Mall just 17 minutes from here.

    When the weekend rolls around, efe iyamu media solutions Inc., Tray Arts and broskin art are within a short 5-minute drive away. Albion Cinemas is just a simple 16-minute walk from the building, ideal for movie junkies.

    With North Kipling Junior Middle School, Beaumonde Heights Junior Middle School and Highfield Junior Public School in the neighbourhood, you'll always have excellent choices that ensure your children get the best education while nearby. If you're open to commuting, a quick transit ride offers even more options, including North Albion Collegiate Institute, Smithfield Middle School and Humber Summit Middle School.

    Transportation

    If you commute by public transit then the Mount Olive | Silvestone | Jamestown neighbourhood is a great choice, as you’ll find the Kipling Ave At Panorama Crt light transit stop makes it easy to get around. Those who live in the area can easily drive to Vaughan Metropolitan Centre, just 19 minutes from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5 Rowntree Road, 2645 Kipling Avenue and 3 Rowntree Road.

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    3

    Listings For Sale

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    1

    Listings For Rent

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    Explore Mount Olive | Silvestone | Jamestown

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    7/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

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

    Population
    5,436
    Average Individual Income
    $61,524
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $96,672
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    11%
    15 - 19
    2%
    20 - 34
    26%
    35 - 49
    15%
    50 - 64
    20%
    65+
    23%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    43%
    High Rise Apartment
    29%
    Semi Detached
    12%
    Low Rise Apartment
    7%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Mandarin
    16%
    Cantonese
    16%
    Other
    12%
    Tamil
    2%
    Education
    University and Above
    32%
    High School
    26%
    None
    19%
    College
    15%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Social Sciences
    14%
    Math & Computer Sciences
    8%
    Health & Related Fields
    7%
    Humanities
    6%
    Physical Sciences
    6%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Education
    2%

    Maintenance Fees

    40 Panorama Court Condos vs The Mount Olive | Silvestone | Jamestown Area

    Days on Strata

    Units at 40 Panorama Court Condos spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Olive | Silvestone | Jamestown

    Turnover of Units

    On average, each unit is owned for
    14.1
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 14 condos in the Mount Olive | Silvestone | Jamestown area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    40 Panorama Court Condos offers the
    ?
    best value out of 14 condos in the Mount Olive | Silvestone | Jamestown neighbourhood

    Appreciation Rank

    40 Panorama Court Condos has the
    ?
    highest ROI out of 14 condos in the Mount Olive | Silvestone | Jamestown neighbourhood

    Rental Yield

    40 Panorama Court Condos yields the
    ?
    highest rent prices out of 14 condos in the Mount Olive | Silvestone | Jamestown neighbourhood

    High Demand

    40 Panorama Court Condos is the
    ?
    most popular building out of 14 condos in the Mount Olive | Silvestone | Jamestown neighbourhood

    Transaction Insights at 40 Panorama Court

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$485,000No Data$542,000 - $655,000No Data
    Avg. Cost Per Sqft$484No Data$466No Data
    Avg. Wait for Unit Availability38 DaysNo Data45 Days1223 Days
    Ratio of Units in Building53%1%47%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mount Olive | Silvestone | Jamestown