$549,000

For sale

#511 1055 Southdown Road, Mississauga (Clarkson) - Single Family for Sale

#511 1055 Southdown Road, Mississauga (Clarkson), Ontario, L5J0A3

2 beds2 baths2 parking850 ft²$782/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 850 sq ft of space. Listed at $549,000, it is attractively priced about 11% below the $619,000 median asking price in Mississauga. It has been on the market 27 days, fresher than the Mississauga average of 56 days.

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Description

Bright and spacious, this 2 bedroom, 2 bathroom corner suite at Stonebrook Condominiums offers a refined open concept layout with 9 ft ceilings, hardwood floors and floor to ceiling windows that fill the space with natural light. The kitchen features granite counters, stainless steel appliances and a breakfast bar overlooking the main living space, with a walkout to a private balcony. The primary bedroom includes a 4 piece ensuite, complemented by a generous second bedroom and 2 piece bath. Tandem parking provides added convenience. Residents enjoy an impressive collection of luxury amenities including 24 hour concierge, indoor pool, fitness centre, party room and guest suites. Steps to Clarkson Village, GO Transit, shopping, restaurants, parks, trails and the waterfront all close by. Experience Stonebrook Today! (id:66096)

Property Details

MLS®: W13877350
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 850 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $782/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,764.14/yr
Listed: 27 days ago

Rooms

Main level

Living room: 4.34 x 3.48 meters
Dining room: 3.2 x 2.49 meters
Kitchen: 3.96 x 2.49 meters
Primary Bedroom: 3.58 x 1.55 meters
Bedroom 2: 2.49 x 1.27 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, Range, Oven, Dryer, Blinds, Window Coverings, Garage door opener remote(s)
Flooring: Tile, Hardwood
Exterior: Concrete, Stone
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Mississauga (Clarkson) listings, avg age

56d

Price / ft²

$646

List price

$549K

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 2-bed single family in Mississauga (Clarkson) has been listed for 27 days, which is 29 days fresher than the city average of 56. Act while there is still low competition.

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Listed by REVEL REALTY INC. · MARK VETERE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5J)

This home lists at $549,000, about 5.1× the local median household income of $107,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $107,000
Population: 28,208
Median age: 43.2
Owner / renter: 74% / 26%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L5J)

$549,000· $646/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$314/mo

Condo fee$782/mo

Total monthly$3,974

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

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