$598,000

For sale

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#52 7475 Goreway Drive, Mississauga (Malton) - Single Family for Sale

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

3 beds3 baths2 parking ft²

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#66 7475 Goreway Drive, Mississauga (Malton), Ontario, L4T3T3

For sale

19 days ago

$625K

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3 bd2 ba2 pk1,300 ft²+$365/mo

Listed by THE FORTUNE REALTY

Investment analysis

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$598,000

Mississauga

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Overview

This 3-bedroom, 3-bathroom condo in Mississauga is for sale offering roughly 1,300 sq ft of space. Its $598,000 asking price sits right in line with the $579,000 median in Mississauga. It has been on the market 11 days, fresher than the Mississauga average of 72 days.

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

Description

Welcome to this beautifully fully renovated townhouse featuring modern finishes and a functional layout throughout. The main level offers a bright and inviting living space, a stylish kitchen, and spacious bedrooms, perfect for comfortable family living. The home also features a separate 1-bedroom basement apartment, offering excellent potential for additional rental income or extended family living. A fantastic opportunity for first-time buyers, growing families, or investors. Move-in ready and conveniently located close to schools, parks, shopping, public transit, and major highways. A must-see property! BRAND NEW APPLIANCES. (id:66096)

Property Details

MLS®: W14114710
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Storeys: 2
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $429/mo
Fee Includes: Cable TV, Water
Ownership: Condo/Strata
Property Tax: $2,648/yr
Listed: 11 days ago

Market Timing

Days on market

11d

Mississauga (Malton) listings, avg age

72d

Price / ft²

$460

List price

$598K

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 $598,000, about 7.1× the local median household income of $84,000.

Carrying it typically needs a household income of about $116,810 (20% down, 25-yr amortization, stress-tested) — roughly 39% 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)

$598,000· $460/ft²

For sale

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Full Cost Breakdown

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Down Payment5.82% · $34,800

Min 5.82%50%

Mortgage payment$3,122/mo

↳ CMHC premium ($22,528 capitalized)

Property tax (est.)$221/mo

Condo fee$429/mo

Total monthly$3,772

Cash Needed to Close

Down payment (5.82%)$34,800

Land transfer tax$8,435

Est. closing costs$4,294

Total cash needed$47,529

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

#52 7475 Goreway Drive, Mississauga (Malton) - Single Family for Sale

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Description

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Neighbourhood profile (L4T)

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