$449,000

For sale

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#2406 36 Elm Drive, Mississauga (Fairview) - Single Family for Sale

#2406 36 Elm Drive, Mississauga (Fairview), Ontario, L5B1L9

2 beds2 baths1 parking ft²

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Listed by SUTTON GROUP REALTY SYSTEMS INC.

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$399K

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Listed by RE/MAX SUCCESS REALTY

#UPH 02 25 Fairview Road West, Mississauga (Fairview), Ontario, L5B3Y8

For sale

11 days ago

$775K

#UPH 02 25 Fairview Road West, Mississauga (Fairview), Ontario, L5B3Y8

3 bd3 ba2 pk1,900 ft²+$2292/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#2505 3525 Kariya Drive, Mississauga (Fairview), Ontario, L5B6C2

For sale

20 days ago

$400K

#2505 3525 Kariya Drive, Mississauga (Fairview), Ontario, L5B6C2

1 bd1 ba1 pk550 ft²+$474/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$449,000

Mississauga

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Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 650 sq ft of space. Listed at $449,000, it is attractively priced about 18% below the $549,999 median asking price in Mississauga. It has been on the market 11 days, fresher than the Mississauga average of 79 days.

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

Description

Spacious 1-bedroom plus den (possible 2nd bedroom) unit available for lease at Edge Tower 1 Condos. Ideally situated near major highways, including the QEW, 403, 401, and 410, with easy access to Square One Shopping Centre, Whole Foods, Walmart, popular restaurants, and coffee shops. Future LRT and Cooksville GO Train Station are also nearby, offering excellent transit options. The building boasts a variety of premium amenities, such as a gym, yoga studio, Wi-Fi lounge, movie theater, games room, party room and BBQ areas. (id:66096)

Property Details

MLS®: W14115046
Property Type: Single Family
Zoning: R3
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 650 ft²
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $476/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,536/yr
Listed: 11 days ago

Market Timing

Days on market

11d

Mississauga (Fairview) listings, avg age

79d

Price / ft²

$691

List price

$449K

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 (L5B)

This home lists at $449,000, about 5.7× the local median household income of $79,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 11% 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)

$449,000· $691/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$295/mo

Condo fee$476/mo

Total monthly$3,136

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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

#2406 36 Elm Drive, Mississauga (Fairview) - Single Family for Sale

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Neighbourhood profile (L5B)

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