$554,900

For saleJust listed

#609 1001 Cedarglen Gate, Mississauga (Erindale) - Single Family for Sale

#609 1001 Cedarglen Gate, Mississauga (Erindale), Ontario, L5C4R2

2 beds2 baths1 parking1,100 ft²$1,084/mo condo feeListed 7 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale offering roughly 1,100 sq ft of space. Its $554,900 asking price sits right in line with the $554,900 median in Mississauga. It has been on the market 7 days, fresher than the Mississauga average of 48 days.

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Description

Beautifully renovated 2 bedroom, 2 full bathroom plus a sunroom suite is for sale. All new stainless steel kitchen appliances. High quality laminate flooring throughout. The large master bedroom can comfortably fit a king size bed. 2nd room is converted to an office. condo fees include all utilities. This spacious, sun filled condo is located in a quiet, well-managed building close to the intersection of Dundas Street West and Mavis Road. Building amenities include an indoor pool, hot tub, sauna, gym and party room. The location is incredibly convenient, with Huron Park and Westdale Mall nearby and a bus stop right at your door. The suite is ready for you to move in and enjoy. Great value and opportunity! (id:66096)

Property Details

MLS®: W14125306
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,084/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,654.47/yr
Listed: 7 days ago

Rooms

Flat

Living room: 7.19 x 3.4 meters
Dining room: 7.19 x 3.4 meters
Bedroom 2: 4.07 x 2.69 meters
Kitchen: 2.62 x 2.21 meters
Bedroom: 4.29 x 3.32 meters
Sunroom: 3.12 x 1.89 meters
Laundry room: 1.78 x 1.09 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, Central Vacuum, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Blinds, Furniture, Window Coverings
Flooring: Laminate
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (Erindale) listings, avg age

48d

Price / ft²

$505

List price

$555K

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 (Erindale) has been listed for 7 days, which is 41 days fresher than the city average of 48. Act while there is still low competition.

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Listed by SUTTON GROUP OLD MILL REALTY INC. · NADIA BABYUK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5C)

This home lists at $554,900, about 5.4× the local median household income of $102,000.

Carrying it typically needs a household income of about $108,391 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $102,000
Population: 29,284
Median age: 42.8
Owner / renter: 74% / 26%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA L5C)

$554,900· $505/ft²

For sale

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Full Cost Breakdown

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Down Payment5.49% · $30,490.00

Min 5.49%50%

Mortgage payment$2,907/mo

↳ CMHC premium ($20,976 capitalized)

Property tax (est.)$221/mo

Condo fee$1,084/mo

Total monthly$4,212

Cash Needed to Close

Down payment (5.49%)$30,490

Land transfer tax$7,573

Est. closing costs$4,165

Total cash needed$42,228

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