Maintenance Fees
M1 | M2 Condos vs The York University Heights Area
701 - 1070 Sheppard Ave W
$599,9991 bd2 ba1 pk700 sqft
For SaleM1 | M2 Condos
4.8
97 Days on Strata
$599,999
Price Cut: $629,999
Price Cut: $629,999
1 Bed + 1
2 Bath
1 Parking
700 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$556/mth
Taxes:
$2,303 (2024)
Cost Per Sqft:
$857/sqft
Outdoor Space:
Balcony
Locker:
None
Exposure:
North West
Possession Date:
March 13, 2025
Laundry:
Ensuite
Amenities
Visitor Parking
Games Room
Indoor Pool
Guest Suites
Party Room
Gym
Indoor Parking
Sauna
Media Room
Concierge
About this Listing
Welcome to Metro Place Condos. Conveniently located at Sheppard and Allen Rd.,Luxurious And 1Br+Den Suite plus 2 bathrooms and With 1 Car Parking Approx. 700 Sqft Featuring Soaring 9' Ceilings And Contemporary Finishes Throughout. Enjoy A Morning Coffee On Your Private Balcony Overlooking The Private Green Space Courtyard And Walk To The Downsview subway Station To Get To Work. Amenities Include Indoor Pool, Gym, Media Room, Party Room And 24 Hr Concierge. A Fantastic Opportunity To Call This Cozy And Spacious Condo Home!! **EXTRAS** Stacked washer/dryer. Fridge, Stove, Oven, Dishwasher, All Existing Light Fixtures, and window coverings
westminster group realty inc.MLS® #W11921406
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Kitchen
Laminate, Stainless Steel Appliances, Breakfast Bar
19 x 10.01ft
Living
2 Piece Bath, Laminate, Walkout To Balcony
15.98 x 10.01ft
Dining
Laminate, Combined with Living
15.98 x 10.01ft
Den
Open Concept, Laminate
7.68 x 8.6ft
Primary
Large Closet, 4 Piece Ensuite, Laminate
12.07 x 10.17ft
Powder Rm
Tile Floor, 2 Piece Bath
6.56 x 6.56ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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6/10
Walkability
Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
8/10
Transit
So frequent, you might accidentally start collecting tickets.
4/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
19,424
Average Individual Income
$62,679
Average Household Size
3 persons
Average Age
42
Average Household Income
$112,078
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
58%
Semi Detached
20%
High Rise Apartment
9%
Duplex
5%
Low Rise Apartment
4%
Marital Status
Commute
Languages (Primary Language)
English
59%
Cantonese
15%
Mandarin
13%
Other
9%
Tagalog
2%
Tamil
2%
Education
University and Above
29%
High School
28%
None
18%
College
16%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
26%
Architecture & Engineering
18%
Health & Related Fields
13%
Social Sciences
12%
Math & Computer Sciences
6%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Agriculture & Natural Resources
1%
Building Trends At M1 | M2 Condos
Days on Strata
Units at M1 | M2 Condos spend an average of
28
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 a
LOWchance of receiving
Multiple Offers
compared to other buildings in York University Heights
Turnover of Units
On average, each unit is owned for
3.8
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 14 condos in the York University Heights area
Sold Units
16
Units were Sold over the past twelve months
Rented Units
26
Units were Rented over the past twelve months
Best Value Rank
M1 | M2 Condos offers the best value out of 14 condos in the York University Heights neighbourhood
?
Appreciation Rank
M1 | M2 Condos has the highest ROI out of 14 condos in the York University Heights neighbourhood
?
Rental Yield
M1 | M2 Condos yields the highest rent prices out of 14 condos in the York University Heights neighbourhood
?
High Demand
M1 | M2 Condos is the most popular building out of 14 condos in the York University Heights neighbourhood
?
Market Insights
Transaction Insights at M1 | M2 Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $449,000 - $525,000 | $535,000 - $640,000 | $675,000 - $685,000 | $740,000 - $765,000 | $697,000 |
| Avg. Cost Per Sqft | $827 | $815 | $744 | $721 | $607 |
| Price Range | $2,180 - $2,400 | $2,400 - $2,700 | $2,600 - $2,800 | $3,200 - $3,400 | No Data |
| Avg. Wait for Unit Availability | 52 Days | 21 Days | 70 Days | 67 Days | 503 Days |
| Avg. Wait for Unit Availability | 31 Days | 20 Days | 138 Days | 117 Days | 719 Days |
| Ratio of Units in Building | 25% | 49% | 12% | 14% | 3% |
Market Inventory
Total number of units listed and sold in York University Heights
