$457,500

For saleJust listed

#1112 3883 Quartz Road, Mississauga (City Centre) - Single Family for Sale

#1112 3883 Quartz Road, Mississauga (City Centre), Ontario, L5B0M4

2 beds2 baths1 parking650 ft²$586/mo condo feeListed 5 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 650 sq ft of space. Listed at $457,500, it is attractively priced about 8% below the $499,900 median asking price in Mississauga. It has been on the market 5 days, fresher than the Mississauga average of 54 days.

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Description

Rare 1 Bed + den with 2 full washrooms, 1 parking and 1 locker at M2, the 61-storey 2024 tower in Mississauga's M City. Most units this size have one bathroom and no locker. The open-concept kitchen, living and dining area has floor-to-ceiling windows and 9-ft ceilings, and walks out to a north-facing balcony. The primary bedroom has its own 4-pc ensuite, and a separate 3-pc bath serves guests. The flex room works as a home office or nursery. Ensuite laundry. Amenities include an outdoor saltwater pool, skating rink, splash pad, fitness and yoga studios, sauna, steam room, lounges and a 24-hr concierge. With a Walk Score of 92, you're steps to Square One, Celebration Square, Sheridan College, the Living Arts Centre, the Central Library, the YMCA and Kariya Park. The MiWay/GO terminal and the Hazel McCallion LRT are close by, with quick access to the 403/401/QEW. A turnkey home or a strong rental at approx $2500/month. (id:66096)

Property Details

MLS®: W14132290
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $586/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,481.28/yr
Listed: 5 days ago

Rooms

Main level

Living room: 3.6 x 2.99 meters
Primary Bedroom: 4.66 x 2.53 meters
Den: 3.69 x 1.86 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, Microwave, Window Coverings
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$704

List price

$458K

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 (City Centre) has been listed for 5 days, which is 49 days fresher than the city average of 54. Act while there is still low competition.

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Listed by VIC SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $457,500, about 5.8× the local median household income of $79,000.

Carrying it typically needs a household income of about $89,366 (20% down, 25-yr amortization, stress-tested) — roughly 13% 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)

$457,500· $704/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,875

Min 5%50%

Mortgage payment$2,410/mo

↳ CMHC premium ($17,385 capitalized)

Property tax (est.)$290/mo

Condo fee$586/mo

Total monthly$3,286

Cash Needed to Close

Down payment (5%)$22,875

Land transfer tax$5,625

Est. closing costs$3,873

Total cash needed$32,373

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