$429,000

For saleJust listed

#402 483 Faith Drive, Mississauga (Hurontario) - Single Family for Sale

#402 483 Faith Drive, Mississauga (Hurontario), Ontario, L5R0A1

2 beds2 baths2 parking1,100 ft²$1,297/mo condo feeListed Yesterday

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,100 sq ft of space. Listed at $429,000, it is attractively priced about 28% below the $599,000 median asking price in Mississauga. It has been on the market 1 day, fresher than the Mississauga average of 52 days.

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Description

Opportunity Knocks! Incredibile value at $429,000! Discover the potential of this spacious 1,159 sq.ft. corner suite! The desirable corner - suite layout offers added privacy, tons of natural light and generous living space, with 2 bedrooms, 2 bathrooms and peaceful northeast views overlooking the forest. The bright, open-concept living and dining area features large windows, generous room sizes and a spacious balcony. The oversized kitchen offers a large centre island, granite countertops and plenty of space for entertaining. Includes 2 owned parking spaces and a locker! An exceptional opportunity for buyers looking to add their own personal touch or investors seeking value. Refresh, renovate and make this space your own! Enjoy a well-maintained building with excellent amenities including concierge, guest suites, gym and party room. conveniently located to square one, transit, parks, schools and everyday shopping. Don't miss this great opportunity! (id:66096)

Property Details

MLS®: W14149046
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,297/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,547/yr
Listed: Yesterday

Rooms

Main level

Kitchen: 4.84 x 2.22 meters
Living room: 4.11 x 3.74 meters
Dining room: 3.9 x 3.2 meters
Primary Bedroom: 5.56 x 3.7 meters
Bedroom 2: 4.34 x 2.7 meters

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

Features

Appliances: Garage door opener remote(s), Water Heater
Flooring: Hardwood
Exterior: Brick, Stone
Lot Features: Wooded area, Ravine, Elevator, Balcony, Carpet Free, In suite Laundry, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (Hurontario) listings, avg age

52d

Price / ft²

$390

List price

$429K

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 2-bed single family in Mississauga (Hurontario) has been listed for 1 day, which is 51 days fresher than the city average of 52. Act while there is still low competition.

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Listed by RE/MAX PROFESSIONALS INC. · IRENE ANDREA TAVARES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5R)

This home lists at $429,000, about 4.3× the local median household income of $99,000.

Carrying it typically needs a household income of about $83,799 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $99,000
Population: 37,022
Median age: 42
Owner / renter: 74% / 26%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L5R)

$429,000· $390/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,450

Min 5%50%

Mortgage payment$2,260/mo

↳ CMHC premium ($16,302 capitalized)

Property tax (est.)$379/mo

Condo fee$1,297/mo

Total monthly$3,935

Cash Needed to Close

Down payment (5%)$21,450

Land transfer tax$5,055

Est. closing costs$3,787

Total cash needed$30,292

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