$489,000

$525,000For salePrice drop↓ $36,000 (7%)

#304 3985 Grand Park Drive, Mississauga (City Centre) - Single Family for Sale

#304 3985 Grand Park Drive, Mississauga (City Centre), Ontario, L5B0H8

3 beds2 baths1 parking950 ft²$766/mo condo feeListed 16 days ago

Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 950 sq ft of space. Its $489,000 asking price sits right in line with the $499,900 median in Mississauga. It has been on the market 16 days, fresher than the Mississauga average of 54 days.

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Description

Spacious 1-Bedroom + 2 Dens | Renovated Kitchen | Freshly Painted, A unique and versatile condominium offering a spacious one-bedroom layout plus two generously sized dens, ideal for a home office, dining room, or guest room. Both dens feature closets, providing excellent functionality and additional storage, while one den is enclosed for added privacy. Enjoy a freshly painted interior, a renovated kitchen featuring elegant granite countertops, and new flooring in the bedroom. Located in a well-managed building in the heart of Mississauga, this unit offers exceptional flexibility and comfortable urban living. Conveniently situated close to Square One Shopping Centre, public transit, restaurants, parks, and major highways. An excellent opportunity for first-time buyers, professionals, or investors seeking a well-maintained home in a prime location. please note that pictures are virtually staged (id:66096)

Property Details

MLS®: W14103516
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 1 above · 2 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $766/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,742.38/yr
Listed: 16 days ago

Rooms

Ground level

Living room: 6.71 x 3.02 meters
Primary Bedroom: 4.16 x 2.87 meters
Dining room: 6.71 x 3.02 meters
Kitchen: 2.44 x 2.36 meters
Office: 2.36 x 1.98 meters
Den: 2.64 x 2.52 meters

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

Features

Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$515

List price

$489K

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 (City Centre) has been listed for 16 days, which is 38 days fresher than the city average of 54. Act while there is still low competition.

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Listed by HOME AND BUSINESS REALTY · M-HICHAM CHIKH-ALARD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $489,000, about 6.2× the local median household income of $79,000.

Carrying it typically needs a household income of about $95,519 (20% down, 25-yr amortization, stress-tested) — roughly 21% 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)

$489,000· $515/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,450

Min 5%50%

Mortgage payment$2,576/mo

↳ CMHC premium ($18,582 capitalized)

Property tax (est.)$312/mo

Condo fee$766/mo

Total monthly$3,653

Cash Needed to Close

Down payment (5%)$24,450

Land transfer tax$6,255

Est. closing costs$3,967

Total cash needed$34,672

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