$534,900

For sale

#203 483 Faith Drive, Mississauga (Hurontario) - Single Family for Sale

#203 483 Faith Drive, Mississauga (Hurontario), Ontario, L5R0A1

2 beds2 baths1 parking1,100 ft²$1,127/mo condo feeListed 22 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,100 sq ft of space. Listed at $534,900, it is attractively priced about 11% below the $599,000 median asking price in Mississauga. It has been on the market 22 days, fresher than the Mississauga average of 52 days.

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Description

Amazing opportunity to own a spacious 2 Bedroom / 2 Bathroom Condo in a prime location of Mississauga. Located in a quiet neighborhood surrounded by matured trees & green space. Enjoy living surrounded by nature and also minutes away from major attractions like Heartland Town Center, Square One Mall, Major Highways - 401 & 403 & top rated Mississauga Schools. This Condo boasts over 1000 sq ft of total living space. Spacious Chef's Kitchen w/ Center island, Granite Counters, Backsplash & S/S appliances. Living & Dining w/ Hardwood Floors, California Shutters & Crown Molding. Enclosed Balcony to enjoy 4 Seasons. Huge Primary bedroom w/ 4pc ensuite (w/ Jacuzzi tub & standing shower) & closet. Spacious 2nd Bedroom w/ laminate flooring, closet & window. 2nd full 4pc washroom. Close to all amenities & Major Highways. Building has underground parking, concierge / security, exercise room & gym. New Plumbing installed for the unit in 2024. (id:66096)

Property Details

MLS®: W14081936
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,127/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,938.2/yr
Listed: 22 days ago

Rooms

Main level

Living room: 3.65 x 3.62 meters
Dining room: 3.33 x 2.9 meters
Kitchen: 4.03 x 2.29 meters
Primary Bedroom: 4.42 x 3.85 meters
Bedroom 2: 3.25 x 2.75 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, Window Coverings
Flooring: Hardwood, Laminate, Ceramic
Exterior: Brick
Lot Features: Wooded area, Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Mississauga (Hurontario) listings, avg age

52d

Price / ft²

$486

List price

$535K

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 (Hurontario) has been listed for 22 days, which is 30 days fresher than the city average of 52. Act while there is still low competition.

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Listed by RE/MAX GOLD REALTY INC. · NITIN MALIK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5R)

This home lists at $534,900, about 5.4× the local median household income of $99,000.

Carrying it typically needs a household income of about $104,485 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $99,000
Population: 37,022
Median age: 42
Owner / renter: 74% / 26%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L5R)

$534,900· $486/ft²

For sale

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Full Cost Breakdown

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Down Payment5.33% · $28,490

Min 5.33%50%

Mortgage payment$2,808/mo

↳ CMHC premium ($20,256 capitalized)

Property tax (est.)$328/mo

Condo fee$1,127/mo

Total monthly$4,263

Cash Needed to Close

Down payment (5.33%)$28,490

Land transfer tax$7,173

Est. closing costs$4,105

Total cash needed$39,768

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