$1,099,999

For sale

3500 Silverplains Drive, Mississauga (Applewood) - Single Family for Sale

3500 Silverplains Drive, Mississauga (Applewood), Ontario, L4X2P4

5 beds3 baths4 parking1,750 ft²69 × 136 ft (9,390 sq ft) lot sizeListed 30 days ago

Overview

This 5-bedroom, 3-bathroom home in Mississauga is for sale offering roughly 1,750 sq ft of space. Listed at $1,099,999, it is attractively priced about 12% below the $1,249,900 median asking price in Mississauga. It has been on the market 30 days, fresher than the Mississauga average of 52 days.

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Description

Welcome to 3500 Silverplains Drive, a distinctive Applewood home set on a spacious corner lot in one of Mississauga's most established communities. This well-maintained home offers 3 bedrooms, multiple living areas and an impressive 250+ sq. ft. lower-level flex space with above-grade windows and a fireplace. Currently styled as an additional sleeping area, this expansive room offers exceptional versatility for guests, a home office, media room, playroom or private family space. Enjoy hardwood flooring, a bright formal living room, separate dining area, functional kitchen and charming original details. Outside, the property features an inground concrete pool, extensive hardscaping, mature landscaping, a double-car garage and a distinctive Marley tile roof. Steps to Garnetwood Park, walking trails and excellent schools, with convenient access to shopping, highways and Toronto. A rare opportunity to own a spacious, versatile home in sought-after Applewood. (id:66096)

Property Details

MLS®: W13860902
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 69 × 136 ft (9,390 sq ft)
Frontage: 69 ft
Basement: Finished, Full
Heating: Forced air, Electric, Wood
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.35 x 4.88 meters
Dining room: 3.35 x 3.5 meters
Kitchen: 3.35 x 4.88 meters

Upper Level

Primary Bedroom: 4.42 x 3.66 meters
Bedroom: 3.5 x 3.05 meters
Bedroom 2: 3.35 x 3.05 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, Oven - Built-In, Garage door opener remote(s)
Flooring: Hardwood
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

30d

Mississauga (Applewood) listings, avg age

52d

Price / ft²

$629

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 5-bed single family in Mississauga (Applewood) has been listed for 30 days, which is 22 days fresher than the city average of 52. Act while there is still low competition.

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Listed by CENTURY 21 PERCY FULTON LTD. · BARBARA NISIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4X)

This home lists at $1,099,999, about 13.6× the local median household income of $81,000.

Carrying it typically needs a household income of about $214,868 (20% down, 25-yr amortization, stress-tested) — roughly 165% above the area median.

Median household income: $81,000
Population: 18,719
Median age: 41.2
Owner / renter: 47% / 53%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4X)

$1,099,999· $629/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.73% · $84,999.90

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,600 capitalized)

Property tax (est.)$649/mo

Total monthly$6,276

Cash Needed to Close

Down payment (7.73%)$85,000

Land transfer tax$18,475

Est. closing costs$5,800

Total cash needed$109,275

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