$629,900

For sale

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#34 7340 Copenhagen Road, Mississauga (Meadowvale) - Single Family for Sale

#34 7340 Copenhagen Road, Mississauga (Meadowvale), Ontario, L5N2C3

3 beds2 baths2 parking ft²

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$950K

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Listed by CENTURY 21 PERCY FULTON LTD.

Investment analysis

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$629,900

Mississauga

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Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,500 sq ft of space. Its $629,900 asking price sits right in line with the $619,500 median in Mississauga. It has been on the market 9 days, fresher than the Mississauga average of 46 days.

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

Property Details

MLS®: W14116662
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $638/mo
Fee Includes: Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,688/yr
Listed: 9 days ago

Rooms

Main level

Recreational, Games room: 3.96 x 3.33 meters

Second level

Living room: 2.82 x 5.74 meters
Dining room: 3 x 2.74 meters
Kitchen: 5.74 x 3.35 meters

Third level

Primary Bedroom: 5.74 x 3.35 meters
Bedroom: 2.9 x 2.59 meters
Bedroom: 3.07 x 2.9 meters

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

Market Timing

Days on market

Mississauga (Meadowvale) listings, avg age

46d

Price / ft²

$420

List price

$630K

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 (L5N)

This home lists at $629,900, about 5.1× the local median household income of $123,000.

Carrying it typically needs a household income of about $123,042 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $123,000
Population: 83,700
Median age: 40.4
Owner / renter: 83% / 17%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA L5N)

$629,900· $420/ft²

For sale

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Full Cost Breakdown

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Down Payment6.03% · $37,990

Min 6.03%50%

Mortgage payment$3,282/mo

↳ CMHC premium ($23,676 capitalized)

Property tax (est.)$307/mo

Condo fee$638/mo

Total monthly$4,227

Cash Needed to Close

Down payment (6.03%)$37,990

Land transfer tax$9,073

Est. closing costs$4,390

Total cash needed$51,453

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

#34 7340 Copenhagen Road, Mississauga (Meadowvale) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L5N)

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Full Cost Breakdown