$1,320,000

For sale

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2607 Old Carriage Road, Mississauga (Erindale) - Single Family for Sale

2607 Old Carriage Road, Mississauga (Erindale), Ontario, L5C1Y6

4 beds3 baths6 parking ft²

3567 Queenston Drive, Mississauga (Erindale), Ontario, L5C2G8

4 bd2 ba4 pk900 ft²Lot size 31 × 135 ft (4,158 sq ft)

1323 Shamir Crescent, Mississauga (Erindale), Ontario, L5C1L2

5 bd3 ba6 pk1,750 ft²Lot size 51 × 120 ft (6,120 sq ft)

Listed by DREAM HOME REALTY INC.

2339 Glengarry Road, Mississauga (Erindale), Ontario, L5C1Y1

For saleJust listed

5 days ago

$2.90M

2339 Glengarry Road, Mississauga (Erindale), Ontario, L5C1Y1

6 bd6 ba12 pk4,250 ft²Lot size 74 × 180 ft (13,266 sq ft)

Listed by SAM MCDADI REAL ESTATE INC.

2501 Chisholm Avenue, Mississauga (Erindale), Ontario, L5C3C1

For saleJust listed

5 days ago

$1.45M

2501 Chisholm Avenue, Mississauga (Erindale), Ontario, L5C3C1

4 bd4 ba4 pk2,250 ft²Lot size 50 × 120 ft (6,000 sq ft)

Listed by Century 21 Miller Real Estate Ltd.

Investment analysis

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$1,320,000

Mississauga

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Overview

This 4-bedroom, 3-bathroom home in Mississauga is for sale offering roughly 1,750 sq ft of space. Listed at $1,320,000, it is attractively priced about 11% below the $1,475,000 median asking price in Mississauga. It has been on the market 20 days, fresher than the Mississauga average of 48 days.

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Description

Welcome to this beautifully maintained home in a desirable Mississauga neighbourhood! Highlights include a legally expanded interlock driveway offering ample parking and excellent curb appeal. Enjoy total peace of mind with a newer roof (2023) and high-quality appliances throughout the home, all under 3 years old. Bright, spacious, and move-in ready-perfect for families or investors looking for a turn-key property. Close to top-rated schools, parks, shopping, highways, and public transit. Don't miss this fabulous opportunity! (id:66096)

Property Details

MLS®: W14080432
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 40 × 149 ft (5,960 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $8,602/yr
Listed: 20 days ago

Rooms

Main level

Living room: 4.54 x 3.03 meters
Family room: 5.35 x 2.98 meters
Kitchen: 5.78 x 9.97 meters
Dining room: 3.42 x 2.84 meters

Second level

Primary Bedroom: 5.64 x 3.1 meters
Bedroom 2: 3.39 x 2.98 meters
Bedroom 3: 3.65 x 2.62 meters
Bedroom 4: 3.45 x 2.82 meters

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

Market Timing

Days on market

20d

Mississauga (Erindale) listings, avg age

48d

Price / ft²

$754

List price

$1.32M

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 (L5C)

This home lists at $1,320,000, about 12.9× the local median household income of $102,000.

Carrying it typically needs a household income of about $257,842 (20% down, 25-yr amortization, stress-tested) — roughly 153% above the area median.

Median household income: $102,000
Population: 29,284
Median age: 42.8
Owner / renter: 74% / 26%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA L5C)

$1,320,000· $754/ft²

For sale

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Full Cost Breakdown

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Down Payment8.11% · $107,000

Min 8.11%50%

Mortgage payment$6,725/mo

↳ CMHC premium ($48,520 capitalized)

Property tax (est.)$717/mo

Total monthly$7,442

Cash Needed to Close

Down payment (8.11%)$107,000

Land transfer tax$22,875

Est. closing costs$6,460

Total cash needed$136,335

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2607 Old Carriage Road, Mississauga (Erindale) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

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Market Timing

Location

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Neighbourhood profile (L5C)

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