$949,900

For sale

88 Central Parkway West, Mississauga (Fairview) - Single Family for Sale

88 Central Parkway West, Mississauga (Fairview), Ontario, L5B1L5

4 beds2 baths3 parking1,300 ft²30 × 156 ft (4,652 sq ft) lot sizeListed 41 days ago

Overview

This 4-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 1,300 sq ft of space. Listed at $949,900, it is attractively priced about 21% below the $1,199,000 median asking price in Mississauga. It has been on the market 41 days, fresher than the Mississauga average of 80 days.

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Description

Highly Coveted Larger Raised Bungalow Model in Prime Fairview!!! Great Affordable Starter or Investment Opportunity! Ideal for a Large or Multi-Generational Family, Investor, or Buyer Looking for Flexible Living Arrangements with Income Potential. Three Separate Entrances Offer Excellent Functionality for Multi-Family Living, Live-In/Rent Potential, or use as a Spacious Single-Family Home. Fully Above-Ground Basement with Direct Ground Level Walk/Out to Massively Long Backyard Ideal for Large Family BBQs and Entertainment. Features Newer Carpeting and Offers Excellent Additional Living Space and/or Rental Potential. Both Upper and Lower Level have own Designated Laundry. Main Floor Tenant is Willing to Remain, Providing Potential Immediate Rental Income for the New Owner. Situated on a Large 155.56 ft Deep Lot with Fully Fenced Yard, Perfect for Family Gatherings and Outdoor Enjoyment. Conveniently located within walking distance to schools, just minutes to Square One, Celebration Square, YMCA, Kariya Park, Sheridan College, Parks, Recreation Facilities, Restaurants, Shopping, Transit, Major Highways and all Amenities. (id:66096)

Property Details

MLS®: W13831072
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 30 × 156 ft (4,652 sq ft)
Frontage: 29 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full, Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $6,592.68/yr

Rooms

Main level

Living room: 5.16 x 4.5 meters
Dining room: 3.48 x 3.53 meters
Kitchen: 5.89 x 2.59 meters
Primary Bedroom: 4.39 x 3.33 meters
Bedroom 2: 3.25 x 3.48 meters
Bedroom 3: 2.77 x 3.33 meters

Basement

Kitchen: 3.94 x 2.31 meters
Living room: 8.92 x 4.27 meters
Dining room: 8.92 x 4.27 meters
Bedroom 4: 3.76 x 2.97 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, Stove, Dryer
Flooring: Tile, Carpeted
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Mississauga (Fairview) listings, avg age

80d

Price / ft²

$731

List price

$950K

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 (Fairview) has been listed for 41 days, which is 39 days fresher than the city average of 80. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · LOU BELLANZA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $949,900, about 12.0× the local median household income of $79,000.

Carrying it typically needs a household income of about $185,549 (20% down, 25-yr amortization, stress-tested) — roughly 135% above the area median.

Median household income: $79,000
Population: 67,131
Median age: 37.2
Owner / renter: 55% / 45%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5B)

$949,900· $731/ft²

For sale

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Full Cost Breakdown

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Down Payment7.37% · $69,990

Min 7.37%50%

Mortgage payment$4,878/mo

↳ CMHC premium ($35,196 capitalized)

Property tax (est.)$549/mo

Total monthly$5,428

Cash Needed to Close

Down payment (7.37%)$69,990

Land transfer tax$15,473

Est. closing costs$5,350

Total cash needed$90,813

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