$620,000

For sale

#17 5610 Montevideo Road, Mississauga (Meadowvale) - Single Family for Sale

#17 5610 Montevideo Road, Mississauga (Meadowvale), Ontario, L5N2N9

3 beds2 baths2 parking1,300 ft²$490/mo condo feeListed 15 days ago

Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,300 sq ft of space. Its $620,000 asking price sits right in line with the $619,500 median in Mississauga. It has been on the market 15 days, fresher than the Mississauga average of 46 days.

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

Description

Rare Find In The Heart Of Meadowvale! Beautifully Upgraded And Well-Maintained Condo Townhouse Featuring Two Oversized Bedrooms, Each With Its Own Walk-In Closet! Enjoy A Spacious Two-Bedroom Layout With Potential To Reconfigure Into Three Bedrooms, As Seen In Other Units, Subject To Required Approvals. Featuring 2 Bathrooms, An Inviting Open-Concept Living And Dining Area Overlooking The Backyard, And A Finished Basement Offering Extra Space To Relax, Work Or Entertain. Pride Of Ownership Throughout-Move In And Enjoy! Conveniently Located Near Meadowvale Town Centre, Shopping, Walking Trails And Meadowvale Community Centre, With Easy Access To Meadowvale GO And Highways 401, 403 And 407. A Fantastic Opportunity For First-Time Buyers And Growing Families! (id:66096)

Property Details

MLS®: W14099688
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $490/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,450/yr

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener, Water Heater
Foundation: Concrete
Exterior: Brick, Vinyl siding
Lot Features: Flat site, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Mississauga (Meadowvale) listings, avg age

46d

Price / ft²

$477

List price

$620K

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 3-bed single family in Mississauga (Meadowvale) has been listed for 15 days, which is 31 days fresher than the city average of 46. Act while there is still low competition.

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Listed by RE/MAX REALTY SPECIALISTS INC. · ACHINT AHLUWALIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5N)

This home lists at $620,000, about 5.0× the local median household income of $123,000.

Carrying it typically needs a household income of about $121,108 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $123,000
Population: 83,700
Median age: 40.4
Owner / renter: 83% / 17%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA L5N)

$620,000· $477/ft²

For sale

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Full Cost Breakdown

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Down Payment5.97% · $37,000

Min 5.97%50%

Mortgage payment$3,232/mo

↳ CMHC premium ($23,320 capitalized)

Property tax (est.)$288/mo

Condo fee$490/mo

Total monthly$4,010

Cash Needed to Close

Down payment (5.97%)$37,000

Land transfer tax$8,875

Est. closing costs$4,360

Total cash needed$50,235

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