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    4879 Kimbermount Avenue

    Papillon Place Condos
    4for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    196
    Condo Completion:
    2004
    Condo Demand:
    Medium
    Unit Size Range:
    350 - 1,004 SQFT
    Unit Availability:
    Low

    Listing History for Papillon Place Condos

    Receive listing updates for Central Erin Mills

    Amenities

    Concierge
    Security System
    Indoor Parking
    Rooftop Deck
    Gym Room
    Rec Room

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 4879 Kimbermount AvenuePapillon Place Condos

    Anyone who’s seeking a Mississauga condo for sale should definitely consider Papillon Place Condos at 4879 Kimbermount Avenue. Pemberton Group completed this building back in 2004, but unlike other buildings of that age, maintenance fees are actually higher than average at $0.83 per-square-foot. The building is 18 storeys tall and is home to 196 suites. Units start at 350 square feet on the low end, and can go up to 1004 square feet.

    Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.68 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 4879 Kimbermount Avenue is $734, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at Papillon Place Condos spend 27 days on the market on average and usually sell for -1.68% below the listing price. In the last 12 months, 16 units have rented, and 7 have sold.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Axia Restaurant, Boston Pizza and Sunset Grill are all within 4 minutes walking distance from 4879 Kimbermount Avenue. In the mornings, become a regular at McDonald's, a quick 2-minute walk from Papillon Place Condos.

    Grocery shopping is never a chore with stores such as Nations Fresh Foods, Mona Fine Foods and Longo's Glen Erin in the area.

    Planning for your future is easy with Scotiabank in the area.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that John C. Pallett Park, Crawford Green and Crawford Walk are less than 11 minutes walking distance from 4879 Kimbermount Avenue.

    Like to shop? Everything you need is close by when you live at 4879 Kimbermount Avenue, including Erin Mills Town Centre, Erin Mills Latin Dance Club and Lunch which are only 17 away.

    When the weekend rolls around, Arta Muro are within a short 3-minute drive away.

    Papillon Place Condos is a short drive away from St. Sebastian Catholic Elementary School and St. Rose of Lima Separate School, giving you plenty of choice for your child’s education. Central Erin Mills is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending St. Aloysius Gonzaga Secondary School, Steam Works Studio Canada and UCMAS Abacus/iMaths/OBotz-Robotics. And you’ll have peace of mind they’re nearby!

    Transportation

    Taking public transit? The nearest light transit stop is Eglinton Ave At Winston Churchill Blvd.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 4889 Kimbermount Avenue, 4850 Glen Erin Drive and 4900 Glen Erin Drive.

    Reviews for Papillon Place Condos

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    4

    Listings For Sale

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    2

    Listings For Rent

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    Explore Central Erin Mills

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar condos

    Demographics

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

    Population
    7,389
    Average Individual Income
    $57,605
    Average Household Size
    3 persons
    Average Age
    38
    Average Household Income
    $114,469
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    44%
    Low Rise Apartment
    6%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    75%
    Other
    9%
    Punjabi
    8%
    Tagalog
    2%
    Spanish
    2%
    Urdu
    2%
    Hindi
    1%
    Gujarati
    1%
    Education
    High School
    32%
    University and Above
    23%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    22%
    Social Sciences
    11%
    Health & Related Fields
    9%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Papillon Place Condos vs The Central Erin Mills Area

    Days on Strata

    Units at Papillon Place Condos spend an average of
    27
    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
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Central Erin Mills

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -19%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value Rank

    Papillon Place Condos offers the
    ?
    best value out of 46 condos in the Central Erin Mills neighbourhood

    Appreciation Rank

    Papillon Place Condos has the
    ?
    highest ROI out of 46 condos in the Central Erin Mills neighbourhood

    Rental Yield

    Papillon Place Condos yields the
    ?
    highest rent prices out of 46 condos in the Central Erin Mills neighbourhood

    High Demand

    Papillon Place Condos is the
    ?
    most popular building out of 46 condos in the Central Erin Mills neighbourhood

    Transaction Insights at 4879 Kimbermount Avenue

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$470,000No Data$630,000 - $641,000No Data
    Avg. Cost Per Sqft$825No Data$733No Data
    Avg. Wait for Unit Availability80 Days158 Days58 DaysNo Data
    Ratio of Units in Building31%20%50%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Central Erin Mills