$495,000

For sale

#421 570 Lolita Gardens, Mississauga (Cooksville) - Single Family for Sale

#421 570 Lolita Gardens, Mississauga (Cooksville), Ontario, L5A3T2

1 bed1 bath1 parking$403/mo condo feeListed 127 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale. Its $495,000 asking price sits right in line with the $499,786 median in Mississauga.

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Description

Welcome to this stylish 1-bedroom, 1-bathroom condo at 570 Lolita Gardens in Mississauga. This luxury unit features 9ft ceilings, rich dark wood cabinetry, granite countertops, stainless steel appliances, and walk-in ensuite laundry. Enjoy BBQing on the balcony, or take in the views from the stunning rooftop terrace. The building boasts a state-of-the-art fitness centre, designer-decorated lounge/party room with fireplace and bar, and is located just steps from Mississauga Transit, parks, and trails. With one underground parking space, one storage locker, and proximity to Square One, Sherway Gardens, highways (427, QEW, 403), and GO Stations, this modern residence offers approximately 594 sq. ft. of well-designed living space on the 4th floor - it's one of Mississauga's most desirable condo communities. Perfect for first time home buyers or someone downsizing. (id:66096)

Property Details

MLS®: W13512690
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $403/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,967.19/yr
Listed: 127 days ago

Rooms

Main level

Kitchen: 3.67 x 3.01 meters
Living room: 3.42 x 4.86 meters
Dining room: 3.42 x 4.86 meters
Bedroom: 2.91 x 3.57 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Furniture, Window Coverings
Flooring: Laminate, Carpeted
Exterior: Brick
Lot Features: Elevator, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

127d

Mississauga (Cooksville) listings, avg age

68d

List price

$495K

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 (Cooksville) 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 CENTURY 21 LEADING EDGE REALTY INC. · NICOLE VARGAS ALFONSO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5A)

This home lists at $495,000, about 6.2× the local median household income of $80,000.

Carrying it typically needs a household income of about $96,691 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.

Median household income: $80,000
Population: 47,406
Median age: 41.2
Owner / renter: 50% / 50%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L5A)

$495,000

For sale

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Full Cost Breakdown

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Down Payment5% · $24,750

Min 5%50%

Mortgage payment$2,607/mo

↳ CMHC premium ($18,810 capitalized)

Property tax (est.)$247/mo

Condo fee$403/mo

Total monthly$3,257

Cash Needed to Close

Down payment (5%)$24,750

Land transfer tax$6,375

Est. closing costs$3,985

Total cash needed$35,110

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