$389,999

For saleJust listed

#416 448 Burnhamthorpe Road West, Mississauga (City Centre) - Single Family for Sale

#416 448 Burnhamthorpe Road West, Mississauga (City Centre), Ontario, L5B0R4

1 bed1 bath0 parking550 ft²$335/mo condo feeListed 2 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 550 sq ft of space. Listed at $389,999, it is attractively priced about 22% below the $499,900 median asking price in Mississauga. It has been on the market 2 days, fresher than the Mississauga average of 54 days.

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Description

Luxury One-Bedroom Condo in M3 Towner! Experience luxury living in this iconic M City 3 condominium, an award-winning architectural masterpiece in the heart of Mississauga. This stylish studio unit boasts a bright and functional open-concept layout, highlighted by 9-foot ceilings and floor-to-ceiling windows that flood the space with natural light. The modern kitchen features high-end built-in appliances, sleek cabinetry, and a contemporary design perfect for urban living. The unit is finished with laminate flooring and an oversized 4-piece bathroom, adding both comfort and elegance. Enjoy being minutes away from square one shopping mall, kariya park, T&T supermarket, transit hubs, major highways, restaurants, entertainment. Don't Miss This Gem! (id:66096)

Property Details

MLS®: W14137310
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $335/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $1/yr
Listed: 2 days ago

Rooms

Flat

Living room: 5.68 x 3.2 meters
Kitchen: 5.68 x 3.2 meters
Bedroom: 3.1 x 2.9 meters
Bathroom

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (City Centre) listings, avg age

54d

Price / ft²

$710

List price

$390K

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 2 days, which is 52 days fresher than the city average of 54. Act while there is still low competition.

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Listed by CRIMSON ROSE REAL ESTATE INC. · YONG JIANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $389,999, about 4.9× the local median household income of $79,000.

Carrying it typically needs a household income of about $76,180 (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)

$389,999· $710/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,499.95

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,820 capitalized)

Property tax (est.)$0/mo

Condo fee$335/mo

Total monthly$2,389

Cash Needed to Close

Down payment (5%)$19,500

Land transfer tax$4,325

Est. closing costs$3,670

Total cash needed$27,495

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