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    Mississauga / Central Erin Mills

    701 - 4889 Kimbermount Ave

    For RentPapillon Place II Condos
    $2,350/mth
    1 Bed
    1 Bath
    1 Parking
    676 SQFT
    2 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    March 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Owned
    Laundry:
    Main
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    15.09 x 10.17ft
    Dining
    Laminate, Combined with Living, Open Concept
    15.09 x 10.17ft
    Kitchen
    Ceramic Floor, Breakfast Bar, Open Concept
    9.71 x 8.4ft

    About this Listing

    Highly Sought After Area, Beautiful 1 Bedroom Condo In Prime Erin Mills Location! Steps To Erin Mills Town Centre, Go Station, Restaurants, Shops And Plazas For All Your Convenience. Bright And Open Concept Layout With Laminate Flooring. Kitchen With Breakfast Bar Overlooking Living Area Which Has Balcony Access. Unobstructed view from balcony, Large Bedroom With Double Closet. Well Managed And Cared For Building. Lots Of Amenities To Keep You Busy! **HYDRO, WATER & HEAT INCLUDED in rent** Parking and Locker also included. Prime location within walking distance to 2 big grocery stores, Erin Mills Town Centre, bus terminal, restaurant, Credit Valley Hospital, Community Centre, and parks. Minutes from HWY 403 and GO transit.

    ExtrasStainless Steel Appliances Stove, Stainless Steel Built-In Microwave, Refrigerator, Built-In Dishwasher. Stacked Washer & Dryer, Window Coverings, Electric Light Fixtures In All Rooms

    re/max realty specialists inc.MLS® #W12017866

    Amenities

    Gym Room
    Media Room
    BBQs Allowed
    Games Room
    Visitor Parking
    Rooftop Deck

    Explore Neighbourhood

    7/10
    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 Listings

    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%

    Price Trends

    Maintenance Fees

    Papillon Place II Condos vs The Central Erin Mills Area

    Building Trends At Papillon Place II Condos

    Days on Strata

    Units at Papillon Place II Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    6.1
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    13th
    Highest price per SQFT out of 46 condos in the Central Erin Mills area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 4889 Kimbermount Avenue

    1 Bed1 Bed + Den2 Bed
    Price Range$489,000 - $520,000$480,000 - $500,000$548,000 - $675,000
    Avg. Cost Per Sqft$847$749$735
    Avg. Wait for Unit Availability110 Days132 Days62 Days
    Ratio of Units in Building30%17%55%

    Transactions vs Inventory

    Total number of units listed and leased in Central Erin Mills