$375,000

$399,999For salePrice drop↓ $24,999 (6%)

#509 2545 Erin Centre Boulevard, Mississauga (Central Erin Mills) - Single Family for Sale

#509 2545 Erin Centre Boulevard, Mississauga (Central Erin Mills), Ontario, L5M6Z9

1 bed1 bath1 parking550 ft²$654/mo condo feeListed 135 days ago

Overview

This 1-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 550 sq ft of space. Listed at $375,000, it is attractively priced about 40% below the $625,000 median asking price in Mississauga.

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Description

Welcome to Unit 509 at sought-after Parkway Place! This impeccably clean, bright, and spacious 1-bedroom corner unit offers open-concept living with large windows and desirable southwest exposure. Enjoy a private balcony with beautiful views, a functional kitchen overlooking the living area, and convenient ensuite laundry. Includes 5 appliances, a locker, and 1 parking space near the elevator. Maintenance fees include cable TV, heat, hydro, and water-exceptional value. Enjoy top-tier amenities: 24-hour gatehouse, indoor pool, gym, party/rec room, and tennis court, all set on beautifully landscaped grounds. Unbeatable location-walk to Erin Mills Town Centre, parks, schools, and transit; minutes to Credit Valley Hospital, GO Transit, and Highways 403/401/407.A fantastic opportunity-don't miss it! (id:66096)

Property Details

MLS®: W13477038
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Pool: Yes
Condo Fee: $654/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,243/yr
Listed: 135 days ago

Rooms

Main level

Kitchen: 2.62 x 2.43 meters
Living room: 3.74 x 3.47 meters
Dining room: 3.74 x 3.47 meters
Primary Bedroom: 3.35 x 2.98 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, Window Coverings
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

135d

Mississauga (Central Erin Mills) listings, avg age

57d

Price / ft²

$682

List price

$375K

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 (Central Erin Mills) 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 RE/MAX ESCARPMENT REALTY INC. · ASHLEY ANN KINDREE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $375,000, about 3.2× the local median household income of $118,000.

Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $118,000
Population: 106,468
Median age: 39.6
Owner / renter: 77% / 23%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L5M)

$375,000· $682/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,750

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,250 capitalized)

Property tax (est.)$187/mo

Condo fee$654/mo

Total monthly$2,816

Cash Needed to Close

Down payment (5%)$18,750

Land transfer tax$4,100

Est. closing costs$3,625

Total cash needed$26,475

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