$765,000

For sale

#1401 1800 The Collegeway Way, Mississauga (Erin Mills) - Single Family for Sale

#1401 1800 The Collegeway Way, Mississauga (Erin Mills), Ontario, L5L5S4

2 beds2 baths2 parking1,300 ft²$1,426/mo condo feeListed 30 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,300 sq ft of space. It has been on the market 30 days, fresher than the Mississauga average of 46 days.

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Description

Rarely Available 1,380 Sq. Ft. "Doral" Model at Prestigious Granite Gates! Welcome home to suite 1401, a spacious residence offering with inviting foyer, stunning panoramic views from every window and custom California shutters throughout. The updated eat-in kitchen features a breakfast bar, abundant counter space, and extensive updated cabinetry and large dining area. Grand open-concept living and dining areas with hardwood floors is ideal for entertaining. The expansive primary suite features its own private balcony, a large walk-in closet with an integrated central-vac unit, two additional double closets, and a 5-pc ensuite bathroom with a walk-in shower. Generous second bedroom, 4-pc guest bath, dedicated linen closet, and a separate laundry room complete with a utility sink and storage cabinets. This unit has two side by side parking spaces and a large storage locker. All-inclusive maintenance fee covers heat, central AC, hydro, water & cable TV and internet! Enjoy a vibrant resident community surrounded by gorgeous gardens & outdoor spaces. Building amenities include a 24-hr concierge/security, gorgeous lobby, indoor saltwater pool, jacuzzi, sauna, gym, second main floor sitting area with baby grand piano overlooking the tranquil garden patio, beautifully appointed party/meeting room, and a library with a full-size pool table, car wash and community BBQs. Steps to Glen Erin Trails & nearby Erindale Park. (id:66096)

Property Details

MLS®: W13864526
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,426/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $5,113.13/yr
Listed: 30 days ago

Rooms

Flat

Living room: 7.76 x 3.5 meters
Dining room: 7.76 x 3.5 meters
Kitchen: 6.54 x 3.46 meters
Primary Bedroom: 5.71 x 5.5 meters
Bedroom 2: 6.04 x 3.09 meters
Laundry room: 3.43 x 1.73 meters
Other: 3.5 x 1.5 meters
Foyer: 3.71 x 3.29 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, Water purifier, Central Vacuum, Whirlpool, Dishwasher, Range, Oven, Dryer, Microwave, Freezer, Humidifier
Flooring: Tile, Hardwood
Exterior: Concrete, Brick
Lot Features: Wooded area, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Mississauga (Erin Mills) listings, avg age

46d

Price / ft²

$589

List price

$765K

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 (Erin Mills) has been listed for 30 days, which is 16 days fresher than the city average of 46. Act while there is still low competition.

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Listed by REALTY EXECUTIVES PLUS LTD · JULIA METUS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5L)

This home lists at $765,000, about 7.0× the local median household income of $110,000.

Carrying it typically needs a household income of about $149,431 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $110,000
Population: 43,585
Median age: 44
Owner / renter: 79% / 21%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L5L)

$765,000· $589/ft²

For sale

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Full Cost Breakdown

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Down Payment6.73% · $51,500

Min 6.73%50%

Mortgage payment$3,956/mo

↳ CMHC premium ($28,540 capitalized)

Property tax (est.)$426/mo

Condo fee$1,426/mo

Total monthly$5,807

Cash Needed to Close

Down payment (6.73%)$51,500

Land transfer tax$11,775

Est. closing costs$4,795

Total cash needed$68,070

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