$510,000

For sale

#1405 220 Forum Drive, Mississauga (Hurontario) - Single Family for Sale

#1405 220 Forum Drive, Mississauga (Hurontario), Ontario, L4Z4K1

2 beds2 baths1 parking750 ft²$629/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 750 sq ft of space. Listed at $510,000, it is attractively priced about 15% below the $599,000 median asking price in Mississauga. It has been on the market 15 days, fresher than the Mississauga average of 50 days.

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Description

Welcome to Tuscany Gates, an exceptionally managed and well-maintained condominium offering a unique residential setting in the heart of Mississauga! This bright and spacious 2-bedroom suite offers approximately 760 sq. ft. of functional living space, featuring hardwood flooring, an open-concept kitchen with granite countertops, tile backsplash (2026) and breakfast bar, plus a generous living area with walkout to a private balcony. Enjoy desirable southwest exposure, an abundance of natural light and incredible sunset views! What truly sets Tuscany Gates apart is its location. Unlike many condominium developments surrounded by densely clustered high-rises, this standalone building enjoys a more open, residential setting, offering a sense of space and separation while remaining close to everything Mississauga has to offer. Residents enjoy an excellent selection of amenities, including an outdoor pool and patio, children's playground, community BBQ area, fitness centre, party room, billiards and games room, along with ample visitor parking (both above and underground) for added convenience. Conveniently located just minutes from Square One Shopping Centre, grocery stores, restaurants, parks, public transit and major highways including the 403, 401 and 410. An exceptional opportunity to enjoy comfortable condo living in a well-established community that combines a peaceful residential atmosphere with outstanding everyday convenience! (id:66096)

Property Details

MLS®: W14099202
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $629/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,980.85/yr
Listed: 15 days ago

Rooms

Main level

Kitchen: 3.05 x 3.1 meters
Bedroom: 4.02 x 3.32 meters
Dining room: 4.02 x 3.32 meters
Primary Bedroom: 3.64 x 2 meters
Bedroom 2: 3.38 x 2.67 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, Hood Fan
Exterior: Stucco
Lot Features: Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Mississauga (Hurontario) listings, avg age

50d

Price / ft²

$680

List price

$510K

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 (Hurontario) has been listed for 15 days, which is 35 days fresher than the city average of 50. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · Matthew Regan

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4Z)

This home lists at $510,000, about 5.1× the local median household income of $100,000.

Carrying it typically needs a household income of about $99,621 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $100,000
Population: 37,218
Median age: 39.6
Owner / renter: 72% / 28%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L4Z)

$510,000· $680/ft²

For sale

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Full Cost Breakdown

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Down Payment5.10% · $26,000

Min 5.10%50%

Mortgage payment$2,683/mo

↳ CMHC premium ($19,360 capitalized)

Property tax (est.)$248/mo

Condo fee$629/mo

Total monthly$3,561

Cash Needed to Close

Down payment (5.10%)$26,000

Land transfer tax$6,675

Est. closing costs$4,030

Total cash needed$36,705

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