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    3500 South Millway

    3500 South Millway Townhomes
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    70
    Condo Completion:
    1987
    Condo Demand:
    High
    Unit Size Range:
    1,075 - 1,699 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for 3500 South Millway Townhomes

    Receive listing updates for Erin Mills

    Amenities

    Indoor Parking
    Outdoor Pool
    Visitor Parking
    BBQs Allowed

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 3500 South Millway3500 South Millway Townhomes

    Anyone who’s seeking a Mississauga condo for sale should definitely consider 3500 South Millway Townhomes at 3500 South Millway. a developer completed this building back in 1987, but unlike other buildings of that age, maintenance fees are actually very low at $0.44 per-square-foot. The building is 2 storeys tall and is home to 70 suites. Units start at 1075 square feet on the low end, and can go up to 1699 square feet.

    Maintenance fees at 3500 South Millway are only $0.44, 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 3500 South Millway is $657 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.

    Units at 3500 South Millway Townhomes spend 15 days on the market on average and usually sell for -0.30% below the listing price. In the last 12 months, 1 units has rented, and 4 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Subway, Ghost Kitchens and Five Guys are all within 5 minutes walking distance from 3500 South Millway. Erin Mills has plenty to offer coffee enthusiasts, with great cafes like McDonald's, Starbucks and Latin Hut.

    Grocery shopping is never a chore with stores such as Palma Pasta and Kaf African Carribbean Market Inc. in the area.

    Residents here can stop by BMO Bank of Montreal on their way home from work, so they can take care of their financial needs.

    There are plenty of parks nearby to keep your family busy, including Pine Tree Hill Park, South Millway Green Park and Sawmill Creek, which are less than 9 minutes away by foot.

    Like to shop? Everything you need is close by when you live at 3500 South Millway, including South Common Centre, Mississauga Erin Mills Smrtctr and Millway Shopping Centre which are only 2 away.

    If you're open to commuting, a quick transit ride offers even more options, including Active Education Learning Centre, Erin Mills Middle School and Gems Learning Institute.

    Transportation

    Transit users will love the Erin Mills neighbourhood with convenient light transit routes like South Common Centre Bus Terminal Platform F nearby. Kipling isn’t within a close walking distance, but you can drive there in about 44 minutes.

    Curious about similar condos in the area? Check out 2079 The Collegeway, 2177 Burnhamthorpe Road W and 2155 Burnhamthorpe Road W — all within walking distance.

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    2

    Listings For Sale

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    Listings For Rent

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    Explore Erin Mills

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    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
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    3500 South Millway Townhomes vs The Erin Mills Area

    Days on Strata

    Units at 3500 South Millway Townhomes spend an average of
    15
    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 Erin Mills

    Turnover of Units

    On average, each unit is owned for
    7.8
    YEARS before being sold again

    Property Value

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

    Price Ranking

    3rd
    Highest price per SQFT out of 45 condos in the Erin Mills area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    3500 South Millway Townhomes offers the
    ?
    best value out of 45 condos in the Erin Mills neighbourhood

    Appreciation Rank

    3500 South Millway Townhomes has the
    ?
    highest ROI out of 45 condos in the Erin Mills neighbourhood

    Rental Yield

    3500 South Millway Townhomes yields the
    ?
    highest rent prices out of 45 condos in the Erin Mills neighbourhood

    High Demand

    3500 South Millway Townhomes is the
    ?
    most popular building out of 45 condos in the Erin Mills neighbourhood

    Transaction Insights at 3500 South Millway

    2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$803,000 - $827,450$845,000
    Avg. Cost Per SqftNo Data$592$741
    Avg. Wait for Unit Availability178 Days107 Days167 Days
    Ratio of Units in Building19%62%20%

    Unit Sales vs Inventory

    Total number of units listed and sold in Erin Mills