$588,000

$598,000For salePrice drop↓ $10,000 (2%)

#29 3125 East FIFTH Line West, Mississauga (Erin Mills) - Single Family for Sale

#29 3125 East FIFTH Line West, Mississauga (Erin Mills), Ontario, L5L3S8

3 beds4 baths2 parking1,100 ft²$652/mo condo feeListed 73 days ago

Overview

This 3-bedroom, 4-bathroom condo in Mississauga is for sale offering roughly 1,100 sq ft of space. Listed at $588,000, it is attractively priced about 13% below the $675,000 median asking price in Mississauga.

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Description

Price to sell a fantastic townhome located in vibrant, desirable area of Erin Mills. Open practical layout with combined Living and dining areas with laminate floors, walk-out to yard. Kitchen with stainless steel appliances. Updated 2 piece powder room. Upper level spacious bedrooms with laminate floors throughout and 3 piece bathroom. Primary bedroom retreat with walk-in closet, and 2 piece en-suite. Finished basement with laminate floors, 3 piece bathroom, pot lighting. Beautiful backyard patio for enjoying the seasons with family & friends. Single car garage and townhouse complexc feauringan outdoor pool. Premium location close to schools, daycare, parks, trails, transit, highways, University of Toronto (UTM) and clarkson Go Station.. The current tenant will sign an N11 and deliver the property vacant. (id:66096)

Property Details

MLS®: W13711590
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 4
Half Baths: 2
Parking: 2
Interior Size: 1,100 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $652/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata

Rooms

Main level

Living room: 5.8 x 2.95 meters
Dining room: 2.7 x 1.75 meters
Kitchen: 2.7 x 1.75 meters

Second level

Primary Bedroom: 4.9 x 4.2 meters

Lower level

Recreational, Games room: 5.75 x 3.33 meters

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

Features

Appliances: Window Coverings
Flooring: Laminate
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

73d

Mississauga (Erin Mills) listings, avg age

46d

Price / ft²

$535

List price

$588K

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 3-bed single family in Mississauga (Erin Mills) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by KINGSWAY REAL ESTATE · JOE KAWALIT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5L)

This home lists at $588,000, about 5.3× the local median household income of $110,000.

Carrying it typically needs a household income of about $114,857 (20% down, 25-yr amortization, stress-tested) — roughly 4% 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)

$588,000· $535/ft²

For sale

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Full Cost Breakdown

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Down Payment5.75% · $33,800.00

Min 5.75%50%

Mortgage payment$3,073/mo

↳ CMHC premium ($22,168 capitalized)

Property tax (est.)$361/mo

Condo fee$652/mo

Total monthly$4,086

Cash Needed to Close

Down payment (5.75%)$33,800

Land transfer tax$8,235

Est. closing costs$4,264

Total cash needed$46,299

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