$499,900

For sale

#2008 220 Burnhamthorpe Road West, Mississauga (City Centre) - Single Family for Sale

#2008 220 Burnhamthorpe Road West, Mississauga (City Centre), Ontario, L5B4N4

2 beds2 baths1 parking750 ft²$594/mo condo feeListed 51 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 750 sq ft of space. Its $499,900 asking price sits right in line with the $499,900 median in Mississauga. It has been on the market 51 days, fresher than the Mississauga average of 54 days.

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Description

Immaculate 1-Bedroom Plus Den Suite In The Heart Of Mississauga's City Centre, Directly Across From Square One. Offering 709 Sq. Ft. Plus A Private Balcony, This Freshly Painted Unit Features A Bright, Open-Concept Layout With 9-Ft Ceilings And Floor-To-Ceiling Windows. The Eat-In Kitchen Features A Granite Centre Island With Additional Counter Space And Seating. The Spacious Primary Bedroom Offers Two Closets And A 4-Pc Ensuite, While A Separate Powder Room Provides Added Convenience For Guests. Enjoy Unobstructed West-Facing Views Overlooking City Hall And Celebration Square, Along With Beautiful Sunset Views. The Generous Sized Den Is Ideal For A Home Office Or Can Be Used As A 2nd Bedroom. Steps From Sheridan College, The Living Arts Centre, Celebration Square, Jubilee Park, Restaurants, Entertainment And The City Centre Transit Terminal, With Easy Access To Highway 403. Building Amenities Include An Indoor Pool, Fitness Centre, Billiards Room, Party Room And More. An Excellent Opportunity For First-Time Buyers Or Investors. (id:66096)

Property Details

MLS®: W13792006
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $594/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,978/yr
Listed: 51 days ago

Rooms

Main level

Living room: 3.2 x 5.34 meters
Dining room: 3.2 x 5.34 meters
Kitchen: 3.66 x 3.05 meters
Primary Bedroom: 2.95 x 3.89 meters
Den: 2.54 x 2.44 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Hardwood
Exterior: Concrete Block
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$667

List price

$500K

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 2-bed single family in Mississauga (City Centre) has been listed for 51 days, which is 3 days fresher than the city average of 54. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · FIRAS SWAIDA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $499,900, about 6.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $79,000
Population: 67,131
Median age: 37.2
Owner / renter: 55% / 45%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5B)

$499,900· $667/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$248/mo

Condo fee$594/mo

Total monthly$3,475

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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