$359,999

For sale

#401 1275 Silver Spear Road, Mississauga (Applewood) - Single Family for Sale

#401 1275 Silver Spear Road, Mississauga (Applewood), Ontario, L4Y2W7

1 bed1 bath1 parking650 ft²$608/mo condo feeListed 245 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 650 sq ft of space. Listed at $359,999, it is attractively priced about 31% below the $519,000 median asking price in Mississauga.

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Description

Bright, spacious and move-in ready 1-bed, 1-bath co-op in the heart of sought-after Applewood. Enjoy affordable, low-maintenance living with a monthly fee of $607.88 that includes utilities, PROPERTY TAXES, and cable, making budgeting simple and predictable.This well-maintained unit is located in a quiet, rarely available low-rise building surrounded by mature trees and a strong sense of community. The unit includes exclusive use of a parking space and storage locker. Inside, the bright layout features a dining area, a newly updated bathroom, and a private balcony, perfect for relaxing. Applewood is one of Mississauga's most established neighbourhoods, known for its convenience and community feel. Just minutes from Square One, Sherway Gardens, parks, schools, and everyday amenities, with easy access to highways 427, QEW, Gardiner, and 401, plus nearby MiWay transit. (id:66096)

Property Details

MLS®: W12853372
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Baseboard heaters, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $608/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Parking
Ownership: Condo/Strata
Listed: 245 days ago

Features

Appliances: Refrigerator, Whirlpool, Stove, Window Coverings
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

245d

Mississauga (Applewood) listings, avg age

52d

Price / ft²

$554

List price

$360K

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 (Applewood) 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 WEST-100 METRO VIEW REALTY LTD. · MELISSA ADRAGNA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4Y)

This home lists at $359,999, about 4.0× the local median household income of $89,000.

Carrying it typically needs a household income of about $70,320 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $89,000
Population: 23,490
Median age: 45.2
Owner / renter: 68% / 32%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4Y)

$359,999· $554/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,999.95

Min 5%50%

Mortgage payment$1,896/mo

↳ CMHC premium ($13,680 capitalized)

Est. property tax$0/mo

Condo fee$608/mo

Total monthly$2,504

Cash Needed to Close

Down payment (5%)$18,000

Land transfer tax$3,875

Est. closing costs$3,580

Total cash needed$25,455

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

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