$799,000

For sale

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#18 3125 Fifth Line West, Mississauga (Erin Mills) - Single Family for Sale

#18 3125 Fifth Line West, Mississauga (Erin Mills), Ontario, L5L3S8

3 beds4 baths4 parking ft²

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Investment analysis

Rental cashflow calculator

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$799,000

Mississauga

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Description

***Great Family Neighbourhood*** Walk to Schools, Shopping, Parks, Erindale Par. Steps to transit & minutes to the GO Station. Renovated Top to Bottom, New Appliances & Light Fixtures. Newer Furnace & Air Conditioner. Air Filter System. New Basement Ceiling. The Vinyl Flooring comes with a Lifetime Guarantee. Combined Smoke & Carbon Dioxide Detectors On Each Floor. Sprinkler System Controlled by Condo Corp. (id:66096)

Property Details

MLS®: W14122930
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 4
Interior Size: 1,300 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Pool: Yes
Condo Fee: $724/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,710.61/yr
Listed: 8 days ago

Rooms

Ground level

Living room: 4.7 x 3.2 meters
Dining room: 3.5 x 2.5 meters
Kitchen: 3.35 x 2.5 meters

Second level

Primary Bedroom: 4.2 x 3.3 meters
Bedroom 2: 3.36 x 3.2 meters
Bedroom 3: 3.3 x 3.1 meters

Basement

Recreational, Games room: 6.9 x 2.9 meters

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 (Erin Mills) listings, avg age

46d

Price / ft²

$615

List price

$799K

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 (L5L)

This home lists at $799,000, about 7.3× the local median household income of $110,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 42% above the area median.

Median household income: $110,000
Population: 43,585
Median age: 44
Owner / renter: 79% / 21%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L5L)

$799,000· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$393/mo

Condo fee$724/mo

Total monthly$5,242

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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

#18 3125 Fifth Line West, Mississauga (Erin Mills) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L5L)

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Full Cost Breakdown