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    1050 Main Street E

    Art on Main Condos
    8for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    177
    Condo Completion:
    2020
    Condo Demand:
    Medium
    Unit Size Range:
    536 - 1,499 SQFT
    Unit Availability:
    Medium

    Listing History for Art on Main Condos

    Receive listing updates for Dempsey

    Amenities

    Rooftop Deck
    Gym Room
    Concierge
    Guest Suites
    Indoor Parking
    Indoor Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1050 Main Street EArt on Main Condos

    Located at 1050 Main Street E, Art on Main Condos is a 10-storey condo containing 177 units. These Milton condos were developed by Fernbrook Homes and completed in 2020. Units start at 536 square feet and can be as large as 1499 square feet. What makes a Dempsey condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees are $0.73 per-square-foot, which is higher than the neighbourhood average of $0.50 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 1050 Main Street E: 19 units have been sold in the past 12 months, and 22 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $768 and units tend to sell for -2.41% below the list price. Units at 1050 Main Street E have a medium probability of receiving more than one offer. On average, a suite will spend 32 days on the market.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from East Side Mario's, Thai Express Restaurant Milton and Main Street Donuts & Bakery, making it easy to dazzle your taste buds without much effort. Dempsey has plenty to offer coffee enthusiasts, with great cafes like Starbucks.

    Grocery shopping is never a chore with stores such as Thiara Supermarket, Longo's Milton and Pak Foods - Milton in the area.

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

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Sprucedale Park, Centre Park and Woodward Woodlot are less than 13 minutes walking distance from 1050 Main Street E.

    Like to shop? Everything you need is close by when you live at 1050 Main Street E, including Milton Common, RioCan Centre Milton and Dollar store which are only 3 away.

    If you’re tired of the usual neighbourhood attractions, then perhaps having The 'Appy Place and Canvas Art Gallery Ltd less than a 4-minute drive away will give you a lift.

    There are plenty of nearby school choices — Milton Community Resource Centre — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including UCMAS Abacus/iMaths, E.C. Drury High School and Tutor and Tutoring Milton.

    Transportation

    Transit users will need to trek a bit to Derry Rd. @ Sauve St., the nearest light transit stop.

    There are several similar condos in the area, such as 1200-1210 Main Street E, 716 Main Street E and 1340-1390 Main Street E — all worth checking out.

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    8

    Listings For Sale

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    3

    Listings For Rent

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    Explore Dempsey

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    Unknown
    Transit
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    Demographics

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

    Population
    2,803
    Average Individual Income
    $72,983
    Average Household Size
    2 persons
    Average Age
    45
    Average Household Income
    $114,354
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    23%
    65+
    18%
    Household Income
    $0 - $30,000
    41%
    $30,000+
    26%
    $60,000+
    17%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    62%
    Semi Detached
    12%
    Low Rise Apartment
    11%
    Duplex
    9%
    High Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    90%
    Other
    5%
    Punjabi
    4%
    Spanish
    1%
    Education
    High School
    33%
    University and Above
    23%
    College
    23%
    None
    13%
    Apprenticeship
    5%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    17%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Humanities
    6%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Physical Sciences
    4%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Art on Main Condos vs The Dempsey Area

    Days on Strata

    Units at Art on Main Condos spend an average of
    32
    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 Dempsey

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 5 condos in the Dempsey area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    22
    Units were Rented over the past twelve months

    Best Value Rank

    Art on Main Condos offers the
    ?
    best value out of 5 condos in the Dempsey neighbourhood

    Appreciation Rank

    Art on Main Condos has the
    ?
    highest ROI out of 5 condos in the Dempsey neighbourhood

    Rental Yield

    Art on Main Condos yields the
    ?
    highest rent prices out of 5 condos in the Dempsey neighbourhood

    High Demand

    Art on Main Condos is the
    ?
    most popular building out of 5 condos in the Dempsey neighbourhood

    Transaction Insights at 1050 Main Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$499,000 - $587,000$553,000 - $588,900$627,000 - $665,000$655,000 - $695,000$795,000 - $810,000
    Avg. Cost Per Sqft$889$821$738$758$670
    Avg. Wait for Unit Availability135 Days60 Days92 Days168 Days471 Days
    Ratio of Units in Building20%38%28%13%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in Dempsey