$469,900

For sale

#607 1500 Grazia Court, Mississauga (Rathwood) - Single Family for Sale

#607 1500 Grazia Court, Mississauga (Rathwood), Ontario, L4W4Z9

2 beds2 baths2 parking1,100 ft²$1,082/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,100 sq ft of space. Listed at $469,900, it is attractively priced about 32% below the $690,000 median asking price in Mississauga. It has been on the market 35 days, fresher than the Mississauga average of 53 days.

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Description

Welcome to Peppermill Court! This bright and spacious 2-bedroom, 2-bathroom condo offers an excellent opportunity to enjoy generous living space in a well-kept, smaller-scale building. Floor-to-ceiling windows provide an abundance of natural light and pleasant neighbourhood views. Two parking spaces add exceptional convenience and value, particularly compared to many newer buildings. The spacious layout offers plenty of room to live comfortably, with an opportunity to update and personalize to your own taste. Building amenities include a party room and fitness room. Ideally situated in an established Mississauga neighbourhood close to shopping, dining, transit and everyday conveniences. A wonderful combination of space, light and parking in a desirable community! (id:66096)

Property Details

MLS®: W13844922
Property Type: Single Family
Zoning: RM7D3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,082/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,904.7/yr
Listed: 35 days ago

Rooms

Main level

Foyer: 1.49 x 1.5 meters
Living room: 4.41 x 3.4 meters
Dining room: 3.45 x 2.1 meters
Kitchen: 3.41 x 2.08 meters
Primary Bedroom: 4.5 x 3.35 meters
Bedroom 2: 3.55 x 4.05 meters
Laundry room: 2.13 x 0.76 meters

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

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Flooring: Tile, Carpeted
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Mississauga (Rathwood) listings, avg age

53d

Price / ft²

$427

List price

$470K

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 (Rathwood) has been listed for 35 days, which is 18 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Royal Lepage Real Estate Associates, Larose Team · KEVIN THOMAS LAROSE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4W)

This home lists at $469,900, about 4.5× the local median household income of $105,000.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $105,000
Population: 19,744
Median age: 49.2
Owner / renter: 78% / 22%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L4W)

$469,900· $427/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$242/mo

Condo fee$1,082/mo

Total monthly$3,799

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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