$2,249,000

For sale

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1525 Kenmuir Avenue, Mississauga (Mineola) - Multi-family for Sale

1525 Kenmuir Avenue, Mississauga (Mineola), Ontario, L5G4B6

8 beds6 baths6 parking ft²

19 Troy Street, Mississauga (Mineola), Ontario, L5G1S6

6 bd6 ba5 pk1,750 ft²Lot size 38 × 133 ft (5,046 sq ft)

Listed by Royal Lepage Real Estate Associates, Larose Team

Investment analysis

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$2,249,000

Mississauga

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Overview

This multi-family property in Mississauga is for sale offering roughly 1,300 sq ft of space. It has been on the market 15 days, fresher than the Mississauga average of 60 days.

Multi-Family Properties for Sale in Mississauga →All real estate in Mississauga →

Description

Location! Location! Location! Modern Custom Built Luxury Home With Newly Renovated Legal Second Suite/Accessory Unit. Located In The Mineola Area Offers Unique And Refined Approach To Design. Huge Lot In Great Neighborhood. Fully Renovated Living Space W/Details Such As Engineering Wood Flooring, 10 Ft Custom Coffered Ceilings, Beautiful New Full Casement Windows, Quartz Countertop From Top To Bottom. 2021 Furnace / AC and HWT owned. Property Fully Fenced, Large Backyard Deck And Garden Shed. Easy Reach To Utm, Port Credit Village Lakefront, And A 15-Minute Commute To Downtown Toronto. (id:66096)

Property Details

MLS®: W14103420
Property Type: Multi-family
Zoning: R3-1
Bedrooms: 8
Beds (above / below): 4 above · 4 below
Bathrooms: 6
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 66 × 130 ft (8,619 sq ft)
Frontage: 66 ft
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $8,922.25/yr
Listed: 15 days ago

Rooms

Main level

Study: 4.57 x 3.66 meters
Dining room: 4.57 x 2.87 meters
Kitchen: 4.57 x 3.58 meters
Bedroom: 4.17 x 3.2 meters
Bedroom 2: 3.58 x 3.2 meters
Bedroom 3: 3.45 x 2.69 meters

Lower level

Bedroom 3: 3.45 x 2.57 meters
Bedroom 4: 3.5 x 2.95 meters
Kitchen: 5.79 x 2.69 meters
Utility room: 2.23 x 3.45 meters
Bedroom: 5.18 x 3.56 meters
Bedroom 2: 3.45 x 2.69 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Alarm System, Window Coverings, Water Heater
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Mississauga (Mineola) listings, avg age

60d

Price / ft²

$1,730

List price

$2.25M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (L5G)

This home lists at $2,249,000, about 23.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $439,308 (20% down, 25-yr amortization, stress-tested) — roughly 362% above the area median.

Median household income: $95,000
Population: 20,714
Median age: 45.2
Owner / renter: 57% / 43%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5G)

$2,249,000· $1,730/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $449,800

Min 20%50%

Mortgage payment$9,591/mo

Property tax (est.)$744/mo

Total monthly$10,335

Cash Needed to Close

Down payment (20%)$449,800

Land transfer tax$42,700

Est. closing costs$9,247

Total cash needed$501,747

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1525 Kenmuir Avenue, Mississauga (Mineola) - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L5G)

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Full Cost Breakdown