$1,099,000

For sale

2485 Council Ring Road, Mississauga (Erin Mills) - Single Family for Sale

2485 Council Ring Road, Mississauga (Erin Mills), Ontario, L5L1E8

4 beds2 baths4 parking1,300 ft²68 × 120 ft (8,124 sq ft) lot sizeListed 28 days ago

Overview

This 4-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 1,300 sq ft of space. Listed at $1,099,000, it is attractively priced about 15% below the $1,295,000 median asking price in Mississauga. It has been on the market 28 days, fresher than the Mississauga average of 46 days.

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Description

Welcome to this beautifully maintained detached home in one of Erin Mills' most desirablefamily-friendly neighbourhood.Set on a huge oversized lot of 67.73ft x 120ft.Pool sizebackyard. Even a possibilty of building a small additional unit. Offering 3+1 bedrooms and 2bathrooms, this home blends comfort. A welcoming foyer with a front door opens to bright,open-concept living and dining spaces featuring rich hardwood floors, pot lights,lots of sunlight.Large size triple glass windows, provide excellent insulation and sunlight.The Finished Basement Includes a Separate Entrance, Offering Potential for An In-Law Suite orIncome-Generating Apartment.The lower levels continue to impress with a spacious rec room andan additional games room, perfect for movie nights, hobbies, a home gym, or playspace.Oversized double garage with remote door opener. Closer to UOT and HWY.Enjoy Your Private and Huge Backyard Oasis Complete with A Large Double Deck, Beautiful mutureTrees, And Plenty of Green Space for Relaxing or Entertaining. (id:66096)

Property Details

MLS®: W13880458
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 68 × 120 ft (8,124 sq ft)
Frontage: 68 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Separate entrance, Walk-up, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 0.43 x 0.37 meters
Dining room: 0.24 x 0.29 meters
Kitchen: 0.24 x 0.29 meters
Primary Bedroom: 0.35 x 0.29 meters
Bedroom 2: 0.25 x 0.4 meters
Bedroom 3: 0.2 x 0.3 meters

Basement

Family room: 0.36 x 0.25 meters
Bedroom 4: 0.34 x 0.25 meters
Laundry room: 0.43 x 0.2 meters

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

Features

Appliances: All, Washer, Refrigerator, Stove, Dryer, Garage door opener remote(s)
Flooring: Tile, Hardwood, Carpeted
Foundation: Unknown
Exterior: Aluminum siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Mississauga (Erin Mills) listings, avg age

46d

Price / ft²

$845

List price

$1.10M

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.

Haho

This 4-bed single family in Mississauga (Erin Mills) has been listed for 28 days, which is 18 days fresher than the city average of 46. Act while there is still low competition.

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Listed by RE/MAX REALTY SPECIALISTS INC. · MUNIRA ANJARY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5L)

This home lists at $1,099,000, about 10.0× the local median household income of $110,000.

Carrying it typically needs a household income of about $214,673 (20% down, 25-yr amortization, stress-tested) — roughly 95% above the area median.

Median household income: $110,000
Population: 43,585
Median age: 44
Owner / renter: 79% / 21%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L5L)

$1,099,000· $845/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $84,900.00

Min 7.73%50%

Mortgage payment$5,622/mo

↳ CMHC premium ($40,564 capitalized)

Property tax (est.)$517/mo

Total monthly$6,139

Cash Needed to Close

Down payment (7.73%)$84,900

Land transfer tax$18,455

Est. closing costs$5,797

Total cash needed$109,152

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