$699,999

For sale

#1906 1665 The College Way, Mississauga (Erin Mills) - Single Family for Sale

#1906 1665 The College Way, Mississauga (Erin Mills), Ontario, L5L0A9

1 bed2 baths1 parking1,500 ft²$1,676/mo condo feeListed 20 days ago

Overview

This 1-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,500 sq ft of space. Its $699,999 asking price sits right in line with the $675,000 median in Mississauga. It has been on the market 20 days, fresher than the Mississauga average of 46 days.

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Description

Rare and beautiful large apartment in a premier retirement building nestled in the heart of Mississauga. Situated on the grounds of the historic Glen Erin Inn, this oversized unit is one of only three in the building; 2 units put together! Boasting double the space of standard suites, ensuring you have ample room to relax and entertain. 9 foot ceilings create an open, spacious atmosphere. Take in the breathtaking views from 2 private balconies. Primary bedroom features 2 walk-in closets, walk-out balcony and ensuite bathroom. Large parking space close to elevator. Embrace independent living with the peace of mind provided by the 24-hour concierge and healthcare staff, ensuring that your needs are always met. Eat in the elegant Dining room or have delicious food ordered to your room. Engage in a vibrant community with a wide array of activities, from fitness classes to salon/spa, all conveniently located within the building. (id:66096)

Property Details

MLS®: W14083204
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,500 ft²
Basement: None
Heating: Electric, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,676/mo
Fee Includes: Cable TV, Water, Parking
Ownership: Condo/Strata
Property Tax: $6,472/yr
Listed: 20 days ago

Rooms

Flat

Kitchen: 4.83 x 4.72 meters
Den: 6.27 x 4.83 meters
Dining room: 6.25 x 3.71 meters
Living room: 5.69 x 4.83 meters
Primary Bedroom: 8.46 x 6.91 meters
Bathroom: 1.47 x 2.77 meters
Bathroom: 1.52 x 1.93 meters

Lower level

Storage

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

Features

Appliances: Refrigerator, Dishwasher, Range, Microwave, Freezer, Window Coverings
Flooring: Carpeted
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Mississauga (Erin Mills) listings, avg age

46d

Price / ft²

$467

List price

$700K

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 1-bed single family in Mississauga (Erin Mills) has been listed for 20 days, which is 26 days fresher than the city average of 46. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · Grant Brooks

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5L)

This home lists at $699,999, about 6.4× the local median household income of $110,000.

Carrying it typically needs a household income of about $136,734 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$699,999· $467/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,999.90

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,200 capitalized)

Property tax (est.)$539/mo

Condo fee$1,676/mo

Total monthly$5,847

Cash Needed to Close

Down payment (6.43%)$45,000

Land transfer tax$10,475

Est. closing costs$4,600

Total cash needed$60,075

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