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    577-619 Timber Lane

    Timber Lane Townhomes
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    80
    Condo Completion:
    1971
    Condo Demand:
    High
    Unit Size Range:
    949 - 1,550 SQFT
    Unit Availability:
    Low

    Listing History for Timber Lane Townhomes

    Receive listing updates for Elizabeth Gardens

    Amenities

    BBQ
    Bike Storage
    Indoor Parking
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 577-619 Timber LaneTimber Lane Townhomes

    Timber Lane Townhomes was completed in 1971 by a developer. While some buyers associate high maintenance fees with older buildings, maintenance fees at 577-619 Timber Lane are only $0.43 per-square-foot. These Elizabeth Gardens condos for sale offer floor plans that are more spacious than most modern condos; there are 80 suites in this 2-storey residence, and units range from 949 square feet to 1550 square feet.

    Maintenance fees at 577-619 Timber Lane are only $0.43, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 577-619 Timber Lane is $481, based on the past 12 months of sales, and these suites have a high probability of receiving multiple offers.

    Units at Timber Lane Townhomes spend 10 days on the market on average and usually sell for 13.90% above the listing price. In the last 12 months, 0 units has rented, and 3 have sold.

    The Neighbourhood

    Living here means you’re just a 6-minute walk from Pane Fresco at Fortinos, Loondocks Restaurant Appleby Village and Pizza Hut, making it easy to dazzle your taste buds without much effort. Get to know Elizabeth Gardens by exploring local cafes like Starbucks and McDonald's.

    Grocery shopping is never a chore with stores such as M&M Food Market and Food Basics in the area.

    Planning for your future is easy with BMO Bank of Montreal and Scotiabank in the area.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Pineland Park, Frontenac Park and Longmoor Park are less than 12 minutes walking distance from 577-619 Timber Lane.

    Enhance your personal style while living in the Elizabeth Gardens neighbourhood by visiting Appleby Village, Appleby South and Appleby Square.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Art Studio & Gallery - NESAART less than a 2-minute drive away will give you a lift.

    There are plenty of nearby school choices — Ascension Catholic Elementary School, Frontenac Public School and Mohawk Gardens Public 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 New at Walkers, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 5070 Pinedale Avenue, 5080 Pinedale Avenue and 5005-5061 Pinedale Avenue.

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    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    Unknown
    Transit
    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
    5,895
    Average Individual Income
    $70,213
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $121,842
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    21%
    50 - 64
    20%
    65+
    20%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    26%
    Low Rise Apartment
    12%
    Duplex
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    89%
    Other
    7%
    Punjabi
    3%
    Spanish
    1%
    Education
    High School
    29%
    University and Above
    26%
    College
    21%
    None
    15%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    14%
    Health & Related Fields
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Timber Lane Townhomes vs The Elizabeth Gardens Area

    Days on Strata

    Units at Timber Lane Townhomes spend an average of
    10
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    14%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers
    compared to other buildings in Elizabeth Gardens

    Turnover of Units

    On average, each unit is owned for
    29.7
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 25 condos in the Elizabeth Gardens area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Timber Lane Townhomes offers the
    ?
    best value out of 25 condos in the Elizabeth Gardens neighbourhood

    Appreciation Rank

    Timber Lane Townhomes has the
    ?
    highest ROI out of 25 condos in the Elizabeth Gardens neighbourhood

    Rental Yield

    Timber Lane Townhomes yields the
    ?
    highest rent prices out of 25 condos in the Elizabeth Gardens neighbourhood

    High Demand

    Timber Lane Townhomes is the
    ?
    most popular building out of 25 condos in the Elizabeth Gardens neighbourhood

    Transaction Insights at 577-619 Timber Lane

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$675,000$675,000 - $700,000
    Avg. Cost Per SqftNo DataNo Data$418$424
    Avg. Wait for Unit Availability183 Days1441 Days152 Days1021 Days
    Ratio of Units in Building19%6%62%15%

    Unit Sales vs Inventory

    Total number of units listed and sold in Elizabeth Gardens