$488,888

For sale

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#1209 50 Elm Drive East, Mississauga (Mississauga Valleys) - Single Family for Sale

#1209 50 Elm Drive East, Mississauga (Mississauga Valleys), Ontario, L5A3X2

2 beds1 bath1 parking condo fee

#511 1300 Mississauga Valley Boulevard, Mississauga (Mississauga Valleys), Ontario, L5A3S8

3 bd2 ba1 pk1,300 ft²+$1273/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

#2102 3700 Kaneff Crescent, Mississauga (Mississauga Valleys), Ontario, L5A4B8

For saleJust listed

2 days ago

$525K

#2102 3700 Kaneff Crescent, Mississauga (Mississauga Valleys), Ontario, L5A4B8

3 bd2 ba1 pk1,100 ft²+$943/mo

Listed by SAVE MAX REAL ESTATE INC.

#141 400 Mississauga Valley Boulevard, Mississauga (Mississauga Valleys), Ontario, L5A3N6

For saleJust listed

4 days ago

$750K

#141 400 Mississauga Valley Boulevard, Mississauga (Mississauga Valleys), Ontario, L5A3N6

3 bd2 ba2 pk1,300 ft²+$626/mo

Listed by ROYAL LEPAGE PINNACLE REAL ESTATE

#1008 3650 Kaneff Crescent, Mississauga (Mississauga Valleys), Ontario, L5A4A1

For saleJust listed

4 days ago

$549K

#1008 3650 Kaneff Crescent, Mississauga (Mississauga Valleys), Ontario, L5A4A1

2 bd2 ba2 pk1,300 ft²+$1167/mo

Listed by RE/MAX ROUGE RIVER REALTY LTD.

Investment analysis

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$488,888

Mississauga

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Overview

This 2-bedroom, 1-bathroom condo in Mississauga is for sale. Listed at $488,888, it is attractively priced about 6% below the $519,900 median asking price in Mississauga.

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

Description

Largest two bedroom unit in the Aspenview, Massive Primary room with a beautiful south exposure overlooks lake Ontario, a huge 2nd bedroom, a great open concept design that offers a defined large living room with a door leading to the glass enclosed balcony that offers a beautiful sunroom, a nice family size dining room, a big breakfast area that is connected to the kitchen. The Aspenview is a walking distance from Square One mall, Sheridan College, Mississauga Valley Library, parks and Trail, close to all highways. Maintenance fee is all inclusive (id:66096)

Property Details

MLS®: W13575048
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,076/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,393.38/yr
Listed: 112 days ago

Rooms

Flat

Living room: 6.01 x 3.01 meters
Dining room: 2.45 x 2.93 meters
Kitchen: 2.29 x 3.01 meters
Eating area: 2.91 x 2.09 meters
Solarium: 3.21 x 2.09 meters
Primary Bedroom: 4.55 x 3.35 meters
Bedroom 2: 3.75 x 2.65 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Concrete, Brick
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

112d

Mississauga (Mississauga Valleys) listings, avg age

62d

List price

$489K

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 (Mississauga Valleys) 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 REALTY ONE GROUP FLAGSHIP · AL IBRAHIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5A)

This home lists at $488,888, about 6.1× the local median household income of $80,000.

Carrying it typically needs a household income of about $95,497 (20% down, 25-yr amortization, stress-tested) — roughly 19% above the area median.

Median household income: $80,000
Population: 47,406
Median age: 41.2
Owner / renter: 50% / 50%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L5A)

$488,888

For sale

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Full Cost Breakdown

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Down Payment5% · $24,444.40

Min 5%50%

Mortgage payment$2,575/mo

↳ CMHC premium ($18,578 capitalized)

Property tax (est.)$199/mo

Condo fee$1,076/mo

Total monthly$3,850

Cash Needed to Close

Down payment (5%)$24,444

Land transfer tax$6,253

Est. closing costs$3,967

Total cash needed$34,664

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