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    2for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    7
    Number of Units:
    59
    Condo Completion:
    2002
    Condo Demand:
    Medium
    Unit Size Range:
    595 - 1,312 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for The Movado

    Receive listing updates for Yonge and Eglinton

    Amenities

    BBQs Allowed
    Rec Room
    Visitor Parking
    Security System
    Gym Room
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2 Edith DriveThe Movado

    Anyone who’s seeking a Toronto condo for sale should consider The Movado at 2 Edith Drive. Centre Town Developments Limited completed this building back in 2002, but unlike other buildings of that age, maintenance fees are quite high at $1.00 per-square-foot. The 7-storey building is home to 59 suites with units ranging between 595 and 1312 square feet.

    This condo is very conveniently located, with a well above average Walk Score of 96 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 2 Edith Drive are $1.00 per-square-foot, which is significantly higher than the city average of about $0.67.

    The Suites

    Here are some stats that would interest renters or buyers at 2 Edith Drive: 4 units have been sold in the past 12 months, and 3 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $922 and units tend to sell for -3.18% below the list price. Units at 2 Edith Drive have a low probability of receiving more than one offer. On average, a suite will spend 53 days on the market.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from Boom Breakfast & Co, Dinah E Cafe and Pizza Hut Toronto, making it easy to dazzle your taste buds without much effort. With cafes such as Starbucks and Tim Hortons only a short 7-minute walk away, grabbing a coffee while living at The Movado is a breeze.

    There are a number of grocery stores within a short drive, including Metro, Loblaws and Sobeys Urban Fresh Mount Pleasant.

    Residents here can stop by HSBC and Scotiabank on their way home from work, so they can take care of their financial needs.

    Having Eglinton Park, Montgomery Square Park and Dunfield Park within 15 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Enhance your personal style while living in the Yonge and Eglinton neighbourhood by visiting Yonge Eglinton Centre, David Mrejen, Notary Public/Lawyer and Atomy Toronto Eglinton Centre.

    There are also several unique attractions nearby to keep yourself entertained, such as Growth Path Optical Art, Rumi Galleries and Nikola Rukaj Gallery — all just a quick 12-minute walk away. Cineplex Cinemas Yonge-Eglinton and VIP is just a short drive away for movie nights.

    Enjoy the convenience of 2 Edith Drive being 16 minutes away from Oriole Park Junior Public School, The Study Academy Lower School and John Fisher Junior Public School making school pick-up a breeze! Yonge and Eglinton is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending Birmingham International Collegiate of Canada, Math Doctor and Spirit of Math North Toronto - Forest Hill. And you’ll have peace of mind they’re nearby!

    Transportation

    With a 96 walk score, public transit users can reach the nearest light transit stop at Eglinton Ave West At Lascelles Blvd East Side in just minutes. Eglinton station is only 0 minutes walking distance from the building.

    Curious about similar condos in the area? Check out 58 Orchard View Boulevard, 8 Eglinton Avenue E and 33 Helendale Avenue — all within walking distance.

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    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    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
    20,064
    Average Individual Income
    $63,444
    Average Household Size
    2 persons
    Average Age
    45
    Average Household Income
    $104,009
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    18%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    24%
    $60,000+
    15%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    40%
    Detached
    32%
    Semi Detached
    15%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    56%
    Mandarin
    15%
    Cantonese
    13%
    Other
    12%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    37%
    High School
    24%
    College
    16%
    None
    14%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The Movado vs The Yonge and Eglinton Area

    Days on Strata

    Units at The Movado spend an average of
    53
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Yonge and Eglinton

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

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

    Price Ranking

    5th
    Highest price per SQFT out of 15 condos in the Yonge and Eglinton area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    The Movado offers the
    ?
    best value out of 15 condos in the Yonge and Eglinton neighbourhood

    Appreciation Rank

    The Movado has the
    ?
    highest ROI out of 15 condos in the Yonge and Eglinton neighbourhood

    Rental Yield

    The Movado yields the
    ?
    highest rent prices out of 15 condos in the Yonge and Eglinton neighbourhood

    High Demand

    The Movado is the
    ?
    most popular building out of 15 condos in the Yonge and Eglinton neighbourhood

    Transaction Insights at 2 Edith Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$620,000$600,000$880,000 - $920,000No Data
    Avg. Cost Per Sqft$914$956$834No Data
    Avg. Wait for Unit Availability127 Days1615 Days193 DaysNo Data
    Ratio of Units in Building16%8%66%12%

    Unit Sales vs Inventory

    Total number of units listed and sold in Yonge and Eglinton