$364,900

For sale

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#1012 6720 Glen Erin Drive, Mississauga (Meadowvale) - Single Family for Sale

#1012 6720 Glen Erin Drive, Mississauga (Meadowvale), Ontario, L5N3K8

1 bed1 bath1 parking ft²

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Investment analysis

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$364,900

Mississauga

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$553/mo condo fee

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 650 sq ft of space. Listed at $364,900, it is attractively priced about 39% below the $599,999 median asking price in Mississauga.

Condos for Sale in Mississauga →All real estate in Mississauga →

Description

Great Penthouse! Great View! Great Value! This immaculate and spacious one bedroom condo has been lovingly cared for. Large Living and Dining area, walk-out to balcony, ample Kitchen cupboards and counter space this bright one bedroom condo has laminate and tiled floors, mirrored closet doors, closet shelving and large ensuite laundry room and great storage. Gorgeous unobstructed views and close to all amenities, parks Meadowvale Towne Centre, highways, shops and schools. (id:66096)

Property Details

MLS®: W13803772
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Heat Pump, Electric, Other
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $553/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,088.77/yr
Listed: 48 days ago

Rooms

Main level

Living room: 5.84 x 3.5 meters
Dining room: 5.84 x 3.5 meters
Kitchen: 2.66 x 2.44 meters
Primary Bedroom: 4.88 x 3.1 meters
Bathroom
Foyer: 2.66 x 1.67 meters
Laundry room

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, Microwave, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Mississauga (Meadowvale) listings, avg age

47d

Price / ft²

$562

List price

$365K

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 1-bed single family in Mississauga (Meadowvale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE REALTY PLUS · MARY M. MONTGOMERY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5N)

This home lists at $364,900, about 3.0× the local median household income of $123,000.

Carrying it typically needs a household income of about $71,278 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $123,000
Population: 83,700
Median age: 40.4
Owner / renter: 83% / 17%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA L5N)

$364,900· $562/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,245

Min 5%50%

Mortgage payment$1,922/mo

↳ CMHC premium ($13,866 capitalized)

Property tax (est.)$174/mo

Condo fee$553/mo

Total monthly$2,649

Cash Needed to Close

Down payment (5%)$18,245

Land transfer tax$3,949

Est. closing costs$3,595

Total cash needed$25,789

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice