$649,999

For sale

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#1801 4655 Metcalfe Avenue, Mississauga (Central Erin Mills) - Single Family for Sale

#1801 4655 Metcalfe Avenue, Mississauga (Central Erin Mills), Ontario, L5M0Z7

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Investment analysis

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$649,999

Mississauga

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Description

Welcome to this beautifully upgraded bright and spacious open concept condo offering 9 ft ceilings premium laminate flooring and modern finishes throughout. The thoughtfully designed layout features a sleek contemporary kitchen complete with stainless steel appliances quartz countertops and generous storage. Both bathrooms are finished with elegant porcelain tile and the versatile den provides the perfect space for a home office or guest area.This premium corner suite is filled with natural light and boasts a massive wraparound balcony ideal for relaxing or entertaining. The unit includes one underground parking space and one large locker conveniently located on the same level. High speed Rogers internet is included in the maintenance fees for added value.Ideally situated just steps from top rated schools Erin Mills Town Centre and Credit Valley Hospital this home is located in one of the most sought after communities in the area. Enjoy resort style living with exceptional amenities including a rooftop pool lounge and BBQ terrace state of the art fitness centre sauna party room games room guest suites and ample visitor parking.A perfect blend of luxury comfort and convenience this is an exceptional opportunity not to be missed. (id:66096)

Property Details

MLS®: W13687546
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $576/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,997.74/yr
Listed: 80 days ago

Market Timing

Days on market

80d

Mississauga (Central Erin Mills) listings, avg age

55d

Price / ft²

$765

List price

$650K

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 (L5M)

This home lists at $649,999, about 5.5× the local median household income of $118,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 8% above 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)

$649,999· $765/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,999.90

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$416/mo

Condo fee$576/mo

Total monthly$4,374

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$9,475

Est. closing costs$4,450

Total cash needed$53,925

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

#1801 4655 Metcalfe Avenue, Mississauga (Central Erin Mills) - Single Family for Sale

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