$599,900

For sale

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#50 7475 Goreway Drive, Mississauga (Malton) - Single Family for Sale

#50 7475 Goreway Drive, Mississauga (Malton), Ontario, L4T3T3

3 beds2 baths2 parking ft²

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#52 7475 Goreway Drive, Mississauga (Malton), Ontario, L4T3T3

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$598K

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Listed by ROYAL LEPAGE IGNITE REALTY

#45 3525 Brandon Gate Drive, Mississauga (Malton), Ontario, L4T3M3

For sale

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$579K

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Investment analysis

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$599,900

Mississauga

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Overview

This 3-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,300 sq ft of space. Its $599,900 asking price sits right in line with the $579,000 median in Mississauga. It has been on the market 52 days, fresher than the Mississauga average of 73 days.

Condos for Sale in Mississauga →All real estate in Mississauga →

Description

Well Kept Spacious 3 Bedroom Townhouse, Walking Distance to Sopping Mall, Public Library, Public Transit is at the doorstep, Close to Malton Go Station, Easy access to hwy 427 and hwy 407. Laminate floor through out, low Maintenance Fee. Ideal For first time home buyer Or investor. Move in Ready Priced to Sell. (id:66096)

Property Details

MLS®: W13781226
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $379/mo
Fee Includes: Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,915.5/yr
Listed: 52 days ago

Rooms

Ground level

Living room: 5.45 x 3.54 meters

Main level

Dining room: 3.08 x 2.8 meters
Kitchen: 3.2 x 2.75 meters

Second level

Bedroom: 4.54 x 3.38 meters
Bedroom 2: 3.69 x 2.77 meters
Bedroom 3: 2.8 x 2.47 meters

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

Market Timing

Days on market

52d

Mississauga (Malton) listings, avg age

73d

Price / ft²

$462

List price

$600K

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.

Area context

Neighbourhood profile (L4T)

This home lists at $599,900, about 7.1× the local median household income of $84,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.

Median household income: $84,000
Population: 38,182
Median age: 34.4
Owner / renter: 60% / 40%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4T)

$599,900· $462/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Property tax (est.)$243/mo

Condo fee$379/mo

Total monthly$3,754

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#50 7475 Goreway Drive, Mississauga (Malton) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L4T)

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