$639,500

For saleJust listed

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#17 7475 Goreway Drive, Mississauga (Malton) - Single Family for Sale

#17 7475 Goreway Drive, Mississauga (Malton), Ontario, L4T3T3

5 beds3 baths parking

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Listed by RE/MAX REALTY SERVICES INC.

#52 7475 Goreway Drive, Mississauga (Malton), Ontario, L4T3T3

For sale

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$598K

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Listed by ROYAL LEPAGE IGNITE REALTY

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Listed by ROYAL LEPAGE GOLDEN RIDGE REALTY

#66 7475 Goreway Drive, Mississauga (Malton), Ontario, L4T3T3

For sale

18 days ago

$625K

#66 7475 Goreway Drive, Mississauga (Malton), Ontario, L4T3T3

3 bd2 ba2 pk1,300 ft²+$365/mo

Listed by THE FORTUNE REALTY

Investment analysis

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$639,500

Mississauga

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Description

First-Time Home Buyers & Investors! 4-Bedroom Condo Townhome!**This 4-bedroom condo townhome features an open-concept L-shaped living/dining area, large kitchen with walkout to a fenced backyard, finished basement, storage shed, washer and dryer. Conveniently located close to public transit, schools, malls and shopping.Show and sell! (id:66096)

Property Details

MLS®: W14133580
Property Type: Single Family
Zoning: RM5
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
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: $450/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,300.16/yr
Listed: 5 days ago

Rooms

Main level

Living room: 5.46 x 3.56 meters
Dining room: 3.36 x 2.81 meters
Kitchen: 3.36 x 2.71 meters

Second level

Primary Bedroom: 4.46 x 2.96 meters
Bedroom 2: 3.36 x 2.96 meters
Bedroom 3: 2.81 x 2.66 meters

Basement

Recreational, Games room

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

Market Timing

Days on market

Mississauga (Malton) listings, avg age

72d

Price / ft²

$492

List price

$640K

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.

Area context

Neighbourhood profile (L4T)

This home lists at $639,500, about 7.6× the local median household income of $84,000.

Carrying it typically needs a household income of about $124,917 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $84,000
Population: 38,182
Median age: 34.4
Owner / renter: 60% / 40%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4T)

$639,500· $492/ft²

For sale

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Full Cost Breakdown

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Down Payment6.09% · $38,950

Min 6.09%50%

Mortgage payment$3,330/mo

↳ CMHC premium ($24,022 capitalized)

Property tax (est.)$275/mo

Condo fee$450/mo

Total monthly$4,055

Cash Needed to Close

Down payment (6.09%)$38,950

Land transfer tax$9,265

Est. closing costs$4,419

Total cash needed$52,634

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

#17 7475 Goreway Drive, Mississauga (Malton) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L4T)

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Full Cost Breakdown