$774,800

For saleJust listed

3040 Morning Star Drive, Mississauga (Malton) - Single Family for Sale

3040 Morning Star Drive, Mississauga (Malton), Ontario, L4T1X2

5 beds2 baths4 parking1,300 ft²30 × 125 ft (3,750 sq ft) lot sizeListed 6 days ago

Overview

This 5-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 1,300 sq ft of space. Listed at $774,800, it is attractively priced about 7% below the $829,999 median asking price in Mississauga. It has been on the market 6 days, fresher than the Mississauga average of 72 days.

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Description

Rarely Offered 5-Bedroom Raised Bungalow In Mississauga! Extensively Updated Home Featuring 3 Bedrooms On The Main Floor And 2 Additional Bedrooms In The Basement. Functional Layout With 2 Kitchens, 2 Full Bathrooms, And A Walk-Up Basement With 2 Separate Entrances. Numerous Upgrades Include Updated Kitchens With Quartz Countertops, Granite Countertops In The Basement Kitchen, Updated Furnace And A/C, Pot Lights, vinyl Flooring, And New Porcelain Tiles. Renovated Basement Living Area Offers Excellent Potential For Rental Income Or Extended Family Living. Situated On A 30' x 125' Lot With A Single-Car Garage And Parking For 3 Additional Vehicles On The Driveway. An Excellent Opportunity For Investors Or Families Seeking Additional Living Space In A Convenient Mississauga Location! (id:66096)

Property Details

MLS®: W14129202
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 30 × 125 ft (3,750 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Raised bungalow
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $4,677.98/yr

Rooms

Main level

Living room: 7.16 x 3.26 meters
Dining room: 7.16 x 3.26 meters
Kitchen: 4.61 x 3.53 meters
Primary Bedroom: 4.31 x 2.91 meters
Bedroom 2: 3.02 x 3.2 meters
Bedroom 3: 3.19 x 2.84 meters

Basement

Living room: 4.65 x 3.57 meters
Kitchen: 3.43 x 3.14 meters
Bedroom: 3.71 x 2.45 meters
Bedroom 2: 3.14 x 2.53 meters

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

Features

Appliances: Washer, Dryer, Two stoves, Two Refrigerators
Flooring: Vinyl, Porcelain Tile
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (Malton) listings, avg age

72d

Price / ft²

$596

List price

$775K

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 5-bed single family in Mississauga (Malton) has been listed for 6 days, which is 66 days fresher than the city average of 72. Act while there is still low competition.

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Listed by ROYAL LEPAGE IGNITE REALTY · KAMAL AMIRTHALINGAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4T)

This home lists at $774,800, about 9.2× the local median household income of $84,000.

Carrying it typically needs a household income of about $151,346 (20% down, 25-yr amortization, stress-tested) — roughly 80% above the area median.

Median household income: $84,000
Population: 38,182
Median age: 34.4
Owner / renter: 60% / 40%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4T)

$774,800· $596/ft²

For sale

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Full Cost Breakdown

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Down Payment6.77% · $52,480

Min 6.77%50%

Mortgage payment$4,005/mo

↳ CMHC premium ($28,893 capitalized)

Property tax (est.)$390/mo

Total monthly$4,395

Cash Needed to Close

Down payment (6.77%)$52,480

Land transfer tax$11,971

Est. closing costs$4,824

Total cash needed$69,275

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