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$3,990,000
Mississauga
1623 Magenta Court, Mississauga (Mineola), Ontario, L5G3A6
This 5-bedroom, 8-bathroom home in Mississauga is for sale offering roughly 3,250 sq ft of space. It has been on the market 27 days, fresher than the Mississauga average of 60 days.
Prime opportunity for contractors, builders, and investors to take over an advanced-stage luxury project in prestigious Mineola West. The seller also offer partnership finishing the project and sell after. with Approximately 90% of construction is complete, significantly reducing the time, cost exposure, and complexity associated with starting a custom build from the ground up. Designed as an approximately 6,500 sq. ft. Raised Bungalow, the residence features high-quality materials throughout, with the remaining finishes ready to be customized. All architectural drawings and a detailed breakdown of completed and outstanding work are available upon request, allowing qualified buyers to assess the remaining scope. The existing architecture and the contractor are willing to cooperate with the new owner, offering valuable continuity and firsthand knowledge of the project. A rare chance to acquire a substantially completed custom-home project, shorten the path to completion, and unlock its full potential in one of Mississauga's most sought-after neighbourhoods. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 27 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This 5-bed single family in Mississauga (Mineola) has been listed for 27 days, which is 33 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $3,990,000, about 42.0× the local median household income of $95,000.
Carrying it typically needs a household income of about $779,387 (20% down, 25-yr amortization, stress-tested) — roughly 720% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5G)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.