$499,999

$524,999For salePrice drop↓ $25,000 (5%)

#1202 4090 Living Arts Drive, Mississauga (City Centre) - Single Family for Sale

#1202 4090 Living Arts Drive, Mississauga (City Centre), Ontario, L5B4M8

2 beds2 baths2 parking850 ft²$812/mo condo feeListed 51 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 850 sq ft of space. Its $499,999 asking price sits right in line with the $499,900 median in Mississauga. It has been on the market 51 days, fresher than the Mississauga average of 54 days.

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Description

Here's your chance to get into Mississauga City Centre without compromising on space. This true 2-bedroom corner suite at The Capital offers 840 sqft. of living space and an excellent opportunity for a first-time buyer or anyone ready to make a home their own. A functional layout features an open living and dining area with walkout to a west-facing balcony, two well-sized bedrooms, in-suite laundry, and plenty of potential to personalize and add value. The real bonus? TWO owned underground parking spaces plus an owned locker-a rare find at this price point. Located in the heart of Mississauga, just a few steps to Square One Shopping Center; this is space, location and opportunity all in one. (id:66096)

Property Details

MLS®: W13792174
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $812/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,474/yr
Listed: 51 days ago

Rooms

Flat

Kitchen: 2.45 x 2.75 meters
Living room: 3.51 x 5.82 meters
Dining room: 3.48 x 5.82 meters
Primary Bedroom: 3.17 x 3.38 meters
Bedroom 2: 3.11 x 2.71 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
Flooring: Laminate, Carpeted, Ceramic
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$589

List price

$500K

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 51 days, which is 3 days fresher than the city average of 54. Act while there is still low competition.

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Listed by ROYAL LEPAGE SUPREME REALTY · SOLEDAD MARTIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $499,999, about 6.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $97,667 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$499,999· $589/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,999.95

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$290/mo

Condo fee$812/mo

Total monthly$3,735

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$6,475

Est. closing costs$4,000

Total cash needed$35,475

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