$459,900

For sale

#1507 4900 Glen Erin Drive, Mississauga (Central Erin Mills) - Single Family for Sale

#1507 4900 Glen Erin Drive, Mississauga (Central Erin Mills), Ontario, L5M7S2

2 beds1 bath1 parking750 ft²$698/mo condo feeListed 77 days ago

Overview

This 2-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 750 sq ft of space. Listed at $459,900, it is attractively priced about 27% below the $629,900 median asking price in Mississauga.

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Description

Location Location Location - Convenience. Lifestyle - all at 4900 Glen Erin Drive. An excellent opportunity for first-time buyers, downsizers, professionals or investors looking for a property in one of Mississauga's most convenient and desirable communities. Enjoy the benefits of condo living in a well-established community surrounded by everyday amenities. Erin Mills Town Centre, grocery stores, restaurants, parks, schools, public transit and major services are all conveniently nearby. Commuters will appreciate easy access to major roadways and highways, walking distance to community center, trails and green spaces provide plenty of opportunities to enjoy the outdoors. Welcome to Unit 1507 at 4900 Glen Erin Drive, ideally situated in the highly sought-after Central Erin Mills community! This bright and inviting 2-bedroom, 1-bathroom condo offers a practical layout with comfortable living space. (id:66096)

Property Details

MLS®: W13699284
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $698/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,236/yr
Listed: 77 days ago

Rooms

Flat

Living room: 5.18 x 3.48 meters
Dining room: 5.18 x 3.48 meters
Kitchen: 2.71 x 2.52 meters
Great room: 3.66 x 3.17 meters
Bedroom 2: 3.28 x 2.54 meters
Laundry room
Bathroom

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Window Coverings
Exterior: Concrete, Brick Facing
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

77d

Mississauga (Central Erin Mills) listings, avg age

56d

Price / ft²

$614

List price

$460K

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 (Central Erin Mills) 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 iCloud Realty Ltd. · AMAN KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $459,900, about 3.9× the local median household income of $118,000.

Carrying it typically needs a household income of about $89,835 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $118,000
Population: 106,468
Median age: 39.6
Owner / renter: 77% / 23%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L5M)

$459,900· $614/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,995

Min 5%50%

Mortgage payment$2,422/mo

↳ CMHC premium ($17,476 capitalized)

Property tax (est.)$270/mo

Condo fee$698/mo

Total monthly$3,390

Cash Needed to Close

Down payment (5%)$22,995

Land transfer tax$5,673

Est. closing costs$3,880

Total cash needed$32,548

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