$449,995

For sale

#625 1000 Cedarglen Gate, Mississauga (Erindale) - Single Family for Sale

#625 1000 Cedarglen Gate, Mississauga (Erindale), Ontario, L5C3Z5

3 beds3 baths1 parking1,700 ft²$1,523/mo condo feeListed 16 days ago

Overview

This 3-bedroom, 3-bathroom condo in Mississauga is for sale offering roughly 1,700 sq ft of space. Listed at $449,995, it is attractively priced about 19% below the $554,900 median asking price in Mississauga. It has been on the market 16 days, fresher than the Mississauga average of 48 days.

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Description

1,500+ sq.ft penthouse-style unit in the highly sought-after Huron Park community! This sun-filled, 2-story residence offers 3 bedrooms and 3 bathrooms with an expansive townhouse-like layout. Featuring one of the few wood-burning fireplace in the entire building, and three private terraces, this home offers pure comfort and convenience. The updated eat-in-kitchen features granite countertops, stainless steel appliances and tons of storage space. The updated eat-in kitchen boasts granite countertops, stainless steel appliances, a breakfast bar, and walk-out balcony with Western exposure - perfect for watching the sunset! The main level includes a versatile 3rd bedroom (perfect for a home office) and a modern powder room with in-suite laundry. Upstairs, discover two massive primary-style bedrooms, each with its own updated ensuite, walk-in closet, and private south-facing terrace. Wait till you see the Toronto and Mississauga skyline views from each balcony. With public transit, grocery stores, restaurants, and the University of Toronto Mississauga (UTM) just a short walk away, you'll love the lifestyle this location offers. Just a short drive to Port Credit on the water & Downtown Toronto! Don't miss your opportunity to own this rare gem in a sought-after neighbourhood. Pet-friendly building! (id:66096)

Property Details

MLS®: W14094428
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,700 ft²
Storeys: 2
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $1,523/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance
Ownership: Condo/Strata

Rooms

Main level

Living room: 6.13 x 3.11 meters
Kitchen: 3.07 x 2.61 meters
Dining room: 3.06 x 2.61 meters
Bedroom: 3.88 x 4.38 meters

Second level

Primary Bedroom: 6.03 x 6.04 meters
Bedroom 2: 6.23 x 6.04 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, Stove, Dryer, Microwave, Window Coverings, Garage door opener remote(s)
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Mississauga (Erindale) listings, avg age

48d

Price / ft²

$265

List price

$450K

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 3-bed single family in Mississauga (Erindale) has been listed for 16 days, which is 32 days fresher than the city average of 48. Act while there is still low competition.

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Listed by Engel & Volkers Oakville · MITCHELL RALEIGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5C)

This home lists at $449,995, about 4.4× the local median household income of $102,000.

Carrying it typically needs a household income of about $87,900 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$449,995· $265/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,499.75

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$310/mo

Condo fee$1,523/mo

Total monthly$4,203

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

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