$689,900

For sale

#5701 4015 The Exchange, Mississauga (City Centre) - Single Family for Sale

#5701 4015 The Exchange, Mississauga (City Centre), Ontario, L5B1M7

2 beds2 baths0 parking650 ft²$500/mo condo feeListed 48 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 650 sq ft of space. It has been on the market 48 days, fresher than the Mississauga average of 55 days.

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Description

Amazingly Beautiful, 2 Br, 2 Bath Condo at Prestigious Exchange District. Live at the Heart of City, a sleek and contemporary residence located in the vibrant core of downtown Mississauga. Step outside and find yourself moments from Square One, Celebration Square, renowned dining spots, and an abundance of shopping and entertainment options. The location is ideal for commuters, offering seamless access to the City Centre Transit Terminal, MiWay, and GO Transit. Sheridan College's Hazel McCallion Campus is within walking distance, while University of Toronto Mississauga is easily reachable by public transit. To top it off, high-speed Internet is included, making this home perfect for professionals, students, or anyone seeking comfort and connectivity in a prime location ! Taxes not yet assessed. Geothermal heat source. (id:66096)

Property Details

MLS®: W13805240
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $500/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Listed: 48 days ago

Rooms

Flat

Living room: 3.81 x 3.28 meters
Dining room: 3.35 x 3.23 meters
Bedroom 2: 2.59 x 2.44 meters
Kitchen: 3.35 x 3.23 meters
Bedroom: 3.18 x 2.74 meters

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

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Mississauga (City Centre) listings, avg age

55d

Price / ft²

$1,062

List price

$690K

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 (City Centre) has been listed for 48 days, which is 7 days fresher than the city average of 55. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · RANA M. IQBAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5B)

This home lists at $689,900, about 8.7× the local median household income of $79,000.

Carrying it typically needs a household income of about $134,762 (20% down, 25-yr amortization, stress-tested) — roughly 71% above the area median.

Median household income: $79,000
Population: 67,131
Median age: 37.2
Owner / renter: 55% / 45%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5B)

$689,900· $1,062/ft²

For sale

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Full Cost Breakdown

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Down Payment6.38% · $43,990

Min 6.38%50%

Mortgage payment$3,581/mo

↳ CMHC premium ($25,836 capitalized)

Est. property tax$0/mo

Condo fee$500/mo

Total monthly$4,081

Cash Needed to Close

Down payment (6.38%)$43,990

Land transfer tax$10,273

Est. closing costs$4,570

Total cash needed$58,833

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