$389,000

For sale

#3308 3883 Quartz Road, Mississauga (City Centre) - Single Family for Sale

#3308 3883 Quartz Road, Mississauga (City Centre), Ontario, L5B0M4

1 bed1 bath0 parking250 ft²$411/mo condo feeListed 26 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 250 sq ft of space. Listed at $389,000, it is attractively priced about 22% below the $499,900 median asking price in Mississauga. It has been on the market 26 days, fresher than the Mississauga average of 54 days.

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Description

Mississauga City center! Bright and spacious 1-bedroom 9-ft ceilings condo of M City 2 with extra underground locker. South-facing unit with abundant natural sunlight and amazing lake views. M City 2 offers an impressive array of resort-style amenities, including an outdoor pool, rooftop BBQ areas, fitness centre, and more. Steps to Square One Shopping Centre, T&T Supermarket, restaurants, transit, parks, and everyday conveniences. A fantastic opportunity for end users, investors. Some photos have been virtually staged . (id:66096)

Property Details

MLS®: W13884312
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $411/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,643.6/yr
Listed: 26 days ago

Rooms

Flat

Dining room: 5.16 x 2.9 meters
Living room: 5.16 x 2.9 meters
Kitchen: 5.16 x 2.9 meters
Bedroom: 3.45 x 2.85 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
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$1,559

List price

$389K

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 1-bed single family in Mississauga (City Centre) has been listed for 26 days, which is 28 days fresher than the city average of 54. Act while there is still low competition.

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Listed by BAY STREET GROUP INC. · RACHEL JIE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $389,000, about 4.9× the local median household income of $79,000.

Carrying it typically needs a household income of about $75,985 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$389,000· $1,559/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,450

Min 5%50%

Mortgage payment$2,049/mo

↳ CMHC premium ($14,782 capitalized)

Property tax (est.)$220/mo

Condo fee$411/mo

Total monthly$2,681

Cash Needed to Close

Down payment (5%)$19,450

Land transfer tax$4,310

Est. closing costs$3,667

Total cash needed$27,427

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