$500,000

For sale

#406 1100 Caven Street, Mississauga (Lakeview) - Single Family for Sale

#406 1100 Caven Street, Mississauga (Lakeview), Ontario, L5G4N3

3 beds2 baths2 parking950 ft²$1,168/mo condo feeListed 18 days ago

Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 950 sq ft of space. Listed at $500,000, it is attractively priced about 33% below the $742,700 median asking price in Mississauga. It has been on the market 18 days, fresher than the Mississauga average of 61 days.

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Description

Welcome to this beautifully renovated condo in the heart of Mississauga, offering modern finishes, spacious living, and exceptional value! Completely renovated from top to bottom, this stunning unit features a bright and inviting open-concept living and dining area with a walkout to a private open balcony, perfect for relaxing or entertaining. The modern kitchen boasts elegant quartz countertops, stainless steel appliances, and stylish finishes throughout. Retreat to the generously sized primary bedroom, complete with an additional private walkout to the balcony, a 2-piece ensuite, and an oversized walk-in closet. Enjoy the rare convenience of TWO exclusive parking spaces! Residents have access to tons of building amenities, adding comfort and convenience to everyday living. BEST OF ALL, the all-inclusive maintenance fees cover HEAT, HYDRO, WATER, CABLE TV & INTERNET! A truly turnkey opportunity offering stylish, worry-free condo living in a desirable Mississauga location. Just move in and enjoy! 3 minute drive to the Lake! Minutes to shopping, waterfront trails, cafes, restaurants, schools, transit & more! *Some photos are virtually staged. (id:66096)

Property Details

MLS®: W14094220
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 950 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,168/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,688.05/yr

Rooms

Main level

Living room: 6.91 x 4.26 meters
Dining room: 6.91 x 4.26 meters
Kitchen: 4.09 x 4.07 meters
Primary Bedroom: 5.04 x 4.35 meters
Bedroom 2: 3.69 x 3.3 meters
Bedroom 3: 4.22 x 3.11 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings
Flooring: Tile, Laminate
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Mississauga (Lakeview) listings, avg age

61d

Price / ft²

$527

List price

$500K

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 (Lakeview) has been listed for 18 days, which is 43 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · FRANK LEO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5G)

This home lists at $500,000, about 5.3× the local median household income of $95,000.

Carrying it typically needs a household income of about $97,668 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.

Median household income: $95,000
Population: 20,714
Median age: 45.2
Owner / renter: 57% / 43%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5G)

$500,000· $527/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $25,000

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$224/mo

Condo fee$1,168/mo

Total monthly$4,025

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$6,475

Est. closing costs$4,000

Total cash needed$35,475

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