$736,000

For sale

#172 525 NOVO STAR Drive, Mississauga (Meadowvale Village) - Single Family for Sale

#172 525 NOVO STAR Drive, Mississauga (Meadowvale Village), Ontario, L5W1X8

4 beds4 baths2 parking1,500 ft²$275/mo condo feeListed 70 days ago

Overview

This 4-bedroom, 4-bathroom condo in Mississauga is for sale offering roughly 1,500 sq ft of space. Its $736,000 asking price sits right in line with the $765,000 median in Mississauga.

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Description

Spacious 3-bedroom, 2-storey condo townhome in the highly sought-after Meadowvale Village community. Functional open-concept layout with laminate flooring on the main level and finished basement. Generous primary bedroom features a 4-piece ensuite with soaker tub and walk-in closet. Finished basement offers additional living space with a recreation area, full 3-piecebathroom and cold cellar-great potential for extended family or in-law use. Low maintenance fees and a convenient location close to schools, parks, public transit, shopping and everyday amenities, with easy access to Highways 401, 407 & 410. Property is being sold in as-is, where-is condition. (id:66096)

Property Details

MLS®: W13722172
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $275/mo
Ownership: Condo/Strata
Property Tax: $4,449/yr
Listed: 70 days ago

Features

Appliances: Water meter
Exterior: Brick
Lot Features: Irregular lot size

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Mississauga (Meadowvale Village) listings, avg age

58d

Price / ft²

$491

List price

$736K

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 4-bed single family in Mississauga (Meadowvale Village) 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 RE/MAX REALTY SPECIALISTS INC. · ACHINT AHLUWALIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5W)

This home lists at $736,000, about 5.2× the local median household income of $142,000.

Carrying it typically needs a household income of about $143,767 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.

Median household income: $142,000
Population: 24,145
Median age: 37.6
Owner / renter: 90% / 11%
Avg. household size: 3.8

Source: Statistics Canada, 2021 Census (FSA L5W)

$736,000· $491/ft²

For sale

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Full Cost Breakdown

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Down Payment6.60% · $48,600.00

Min 6.60%50%

Mortgage payment$3,811/mo

↳ CMHC premium ($27,496 capitalized)

Property tax (est.)$371/mo

Condo fee$275/mo

Total monthly$4,457

Cash Needed to Close

Down payment (6.60%)$48,600

Land transfer tax$11,195

Est. closing costs$4,708

Total cash needed$64,503

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