$419,900

For sale

#1006 3555 Derry Road East, Mississauga (Malton) - Single Family for Sale

#1006 3555 Derry Road East, Mississauga (Malton), Ontario, L4T1B2

2 beds1 bath1 parking950 ft²$731/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 950 sq ft of space. Listed at $419,900, it is attractively priced about 27% below the $579,000 median asking price in Mississauga. It has been on the market 56 days, fresher than the Mississauga average of 72 days.

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Description

Discover this recently renovated and spacious 2-bedroom penthouse condo in a highly sought-after neighborhood. Bright and inviting, this unit features stylish vinyl and tile flooring throughout-no carpet-for a modern look and easy maintenance. Enjoy your morning coffee or unwind in the evening on the large private balcony. The updated kitchen offers quartz countertops, while the freshly painted interiors create a clean, move-in-ready feel. Open-concept living and dining areas provide plenty of space for everyday living and entertaining. Enjoy the convenience of ensuite laundry and ample storage. Ideally located with easy access to Highways 427 and 401, Malton GO Station, Westwood Mall, schools, library, parks, and Malton Medical Arts Centre. A great opportunity to own a renovated penthouse condo in a convenient location-don't miss it! (id:66096)

Property Details

MLS®: W13763978
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Condo Fee: $731/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,582/yr
Listed: 56 days ago

Rooms

Main level

Living room: 5.06 x 3.45 meters
Dining room: 2.73 x 2.55 meters
Kitchen: 2.54 x 2.46 meters
Primary Bedroom: 3.63 x 3.45 meters
Bedroom 2: 3.2 x 3.09 meters
Laundry room: 2.1 x 1.49 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: Ceramic, Vinyl
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Mississauga (Malton) listings, avg age

72d

Price / ft²

$442

List price

$420K

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 2-bed single family in Mississauga (Malton) has been listed for 56 days, which is 16 days fresher than the city average of 72. Act while there is still low competition.

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Listed by RE/MAX METROPOLIS REALTY · ASIF GANGAT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4T)

This home lists at $419,900, about 5.0× the local median household income of $84,000.

Carrying it typically needs a household income of about $82,021 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$419,900· $442/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,995

Min 5%50%

Mortgage payment$2,212/mo

↳ CMHC premium ($15,956 capitalized)

Property tax (est.)$132/mo

Condo fee$731/mo

Total monthly$3,074

Cash Needed to Close

Down payment (5%)$20,995

Land transfer tax$4,873

Est. closing costs$3,760

Total cash needed$29,628

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