$624,000

$639,988For salePrice drop↓ $15,988 (2%)

#2205 2560 Eglinton Avenue West, Mississauga (Central Erin Mills) - Single Family for Sale

#2205 2560 Eglinton Avenue West, Mississauga (Central Erin Mills), Ontario, L5M0Y3

2 beds2 baths2 parking850 ft²$692/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 850 sq ft of space. Its $624,000 asking price sits right in line with the $629,900 median in Mississauga. It has been on the market 21 days, fresher than the Mississauga average of 56 days.

Condos for Sale in Mississauga →All real estate in Mississauga →

Description

Stunning "Castlebridge" model by Daniels! Corner suite offering an exceptional combination of space, privacy and spectacular views. This highly sought-after model features an amazing expansive wrap-around balcony with breath taking unobstructed east, south and west panoramas overlooking Toronto, Lake Ontario and Mississauga. No neighbouring walls on either side provide a private and peaceful setting. A rare and highly desirable bonus is the TWO SIDE-BY-SIDE underground parking spaces, plus a large private locker - an exceptional combination that is difficult to find. The bright, modern functional interior features beautiful wood floors and elegant quartz countertops. Generous Primary with beautiful 4 piece ensuite bath. Spacious 2nd bedroom. Floor to ceiling windows, neutral decor, modern appliances and move in ready! Ideally situated just steps from Hwy 403, Credit Valley Hospital, Erin Mills Town Centre, MiWay and GO Transit. Fantastic building amenities complete the package. A truly special opportunity in one of Mississauga's most convenient and desirable locations. (id:66096)

Property Details

MLS®: W14085282
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 850 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $692/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,883.6/yr
Listed: 21 days ago

Rooms

Main level

Living room: 4.72 x 3.41 meters
Dining room: 4.75 x 3.41 meters
Kitchen: 4.51 x 2.34 meters
Primary Bedroom: 3.49 x 3.39 meters
Bathroom: 2.43 x 1.64 meters
Bathroom: 8.1 x 1.61 meters

Second level

Bedroom 2: 3.1 x 2.89 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: Tile, Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Mississauga (Central Erin Mills) listings, avg age

56d

Price / ft²

$735

List price

$624K

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 (Central Erin Mills) has been listed for 21 days, which is 35 days fresher than the city average of 56. Act while there is still low competition.

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Listed by HOME REALTY QUEST CORPORATION · MARCO SIMONE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $624,000, about 5.3× the local median household income of $118,000.

Carrying it typically needs a household income of about $121,889 (20% down, 25-yr amortization, stress-tested) — roughly 3% 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)

$624,000· $735/ft²

For sale

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Full Cost Breakdown

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Down Payment5.99% · $37,400

Min 5.99%50%

Mortgage payment$3,252/mo

↳ CMHC premium ($23,464 capitalized)

Property tax (est.)$324/mo

Condo fee$692/mo

Total monthly$4,267

Cash Needed to Close

Down payment (5.99%)$37,400

Land transfer tax$8,955

Est. closing costs$4,372

Total cash needed$50,727

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