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    Mississauga / Churchill Meadows

    407 - 5150 Winston Churchill Blvd

    For SaleDestination Drive ll Condos
    $389,999
    Studio
    1 Bath
    1 Parking
    499 SQFT
    36 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $414/mth
    Taxes:
    $1,728 (2024)
    Cost Per Sqft:
    $782 - $977/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    October 25, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining
    19.98 x 17ft

    About this Listing

    This cozy bachelor suite in the prime neighbourhood of Churchill Meadows is a perfect starter home if you're looking to jump into the market or for investors looking for a solid rental property at a great price! Featuring ceramic flooring, a large ensuite laundry, a 3 piece bathroom, tons of cupboard space and mirrored closets. Includes one above- ground parking spot.

    royal lepage signature realtyMLS® #W9255369

    Amenities

    BBQ
    Bike Storage
    Indoor Parking
    Visitor Parking

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    12,764
    Average Individual Income
    $58,909
    Average Household Size
    2 persons
    Average Age
    37
    Average Household Income
    $113,327
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    30%
    $60,000+
    17%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    42%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Punjabi
    9%
    Other
    9%
    Spanish
    2%
    Urdu
    2%
    Tagalog
    1%
    Hindi
    1%
    Education
    High School
    32%
    University and Above
    24%
    College
    20%
    None
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    9%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Destination Drive ll Condos vs The Churchill Meadows Area

    Building Trends At Destination Drive ll Condos

    Days on Strata

    Units at Destination Drive ll Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    1.7
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 17 condos in the Churchill Meadows area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    29
    Units were Rented over the past twelve months

    Best Value Rank

    Destination Drive ll Condos offers the
    ?
    best value out of 17 condos in the Churchill Meadows neighbourhood

    Appreciation Rank

    Destination Drive ll Condos has the
    ?
    highest ROI out of 17 condos in the Churchill Meadows neighbourhood

    Rental Yield

    Destination Drive ll Condos yields the
    ?
    highest rent prices out of 17 condos in the Churchill Meadows neighbourhood

    High Demand

    Destination Drive ll Condos is the
    ?
    most popular building out of 17 condos in the Churchill Meadows neighbourhood

    Transaction Insights at 3015-3025 Destination Drive

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$380,000$490,000 - $610,000No Data$655,000 - $775,000No Data$775,000 - $950,000$950,000
    Avg. Cost Per Sqft$999$820No Data$671No Data$595$599
    Avg. Wait for Unit Availability228 Days27 Days300 Days25 Days171 Days19 Days169 Days
    Ratio of Units in Building3%27%2%23%3%38%7%

    Transactions vs Inventory

    Total number of units listed and sold in Churchill Meadows