$559,000

For saleJust listed

#50 2605 Woodchester Drive, Mississauga (Sheridan) - Single Family for Sale

#50 2605 Woodchester Drive, Mississauga (Sheridan), Ontario, L5K2E3

5 beds4 baths2 parking1,700 ft²$740/mo condo feeListed 7 days ago

Overview

This 5-bedroom, 4-bathroom condo in Mississauga is for sale offering roughly 1,700 sq ft of space. Listed at $559,000, it is attractively priced about 7% below the $599,000 median asking price in Mississauga. It has been on the market 7 days, fresher than the Mississauga average of 66 days.

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Description

*** RARE 4+1 BEDROOM TOWNHOME WITH IN-LAW SUITE PRICED TO SELL *** One of the largest townhomes in this established southwest Mississauga community. # 4+1 BEDROOMS: Four bedrooms upstairs, including a primary with ensuite and walk-in closet, plus 4 bathrooms and 2 Parkings # IN-LAW SUITE: The finished basement has a separate entrance, its own kitchen and a full bathroom, ideal for extended family or INCOME POTENTIAL # ROOM TO GROW: Approx. 1,648 sq ft above grade plus approx. 650 sq ft below grade, for nearly 2,300 sq ft of living space. # 2 OWNED PARKING SPACES plus ample visitor parking. # CAREFREE LIVING: No lawn mowing or snow shovelling. Maintenance fee includes water, roof, windows and landscaping. Walkout to a private patio, BBQs allowed, party room and playground. # UNBEATABLE LOCATION: 3-minute walk to groceries and coffee, 5 minutes to Costco, and 6 minutes to the QEW and Hwy 403. A direct bus runs to the subway station # GREAT SCHOOLS: Close to Erindale PS and Sheridan Park. # BEST VALUE: One of the best townhouse values in the area. Bring your personal touches and build equity from day one! *** BOOK YOUR SHOWING TODAY! (id:66096)

Property Details

MLS®: W14130226
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,700 ft²
Storeys: 2
Basement: Finished, Apartment in basement, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $740/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,743/yr

Rooms

Main level

Living room: 5.4 x 3.1 meters
Dining room: 3.7 x 2.7 meters
Kitchen: 3 x 2.8 meters

Second level

Primary Bedroom: 4.3 x 3.05 meters
Bedroom 2: 3.9 x 3 meters
Bedroom 3: 3.9 x 2.7 meters
Bedroom 4: 3.9 x 2.7 meters

Basement

Bedroom: 2.55 x 3.05 meters
Study: 5.3 x 3.15 meters

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

Features

Flooring: Laminate, Carpeted
Exterior: Brick
Lot Features: In-Law Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (Sheridan) listings, avg age

66d

Price / ft²

$329

List price

$559K

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 5-bed single family in Mississauga (Sheridan) has been listed for 7 days, which is 59 days fresher than the city average of 66. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · AJ SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5K)

This home lists at $559,000, about 5.5× the local median household income of $102,000.

Carrying it typically needs a household income of about $109,192 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $102,000
Population: 13,363
Median age: 41.6
Owner / renter: 65% / 35%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L5K)

$559,000· $329/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,900

Min 5.53%50%

Mortgage payment$2,928/mo

↳ CMHC premium ($21,124 capitalized)

Property tax (est.)$312/mo

Condo fee$740/mo

Total monthly$3,980

Cash Needed to Close

Down payment (5.53%)$30,900

Land transfer tax$7,655

Est. closing costs$4,177

Total cash needed$42,732

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