$589,000

For sale

#701 2545 Erin Centre Boulevard, Mississauga (Central Erin Mills) - Single Family for Sale

#701 2545 Erin Centre Boulevard, Mississauga (Central Erin Mills), Ontario, L5M6Z9

2 beds2 baths2 parking$1,251/mo condo feeListed 141 days ago

Overview

This 2-bedroom, 2-bathroom condo in Mississauga is for sale. Listed at $589,000, it is attractively priced about 6% below the $629,900 median asking price in Mississauga.

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Description

Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo in the heart of Erin Mills with 2 Car parking and 946 sqft unit! This bright and spacious unit features an open-concept layout, a modern kitchen, generous-sized bedrooms, and a private balcony perfect for relaxing. The primary bedroom offers a 4-piece ensuite and ample closet space.Enjoy resort-style living with outstanding building amenities including two fully equipped fitness centres, an indoor swimming pool with hot tub, sauna, tennis court, party/meeting room, library, billiards room, and ample visitor parking.Ideally located close to Erin Mills Town Centre, Credit Valley Hospital, top-rated schools, parks, restaurants, public transit, and major highways (403/407/QEW). An excellent opportunity for first-time buyers, downsizers, or investors looking for a prime Mississauga location. Move in and enjoy the perfect combination of comfort, convenience, and lifestyle! (id:66096)

Property Details

MLS®: W13460938
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,251/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,267.67/yr
Listed: 141 days ago

Rooms

Main level

Living room: 4.3 x 2.41 meters
Dining room: 4.1 x 3.3 meters
Kitchen: 2.51 x 2.45 meters
Primary Bedroom: 4.6 x 3.35 meters
Bedroom 2: 3.05 x 2.94 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, Window Coverings
Flooring: Tile, Hardwood
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

141d

Mississauga (Central Erin Mills) listings, avg age

55d

List price

$589K

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 (Central Erin Mills) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX GOLD REALTY INC. · INDER BEDI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $589,000, about 5.0× the local median household income of $118,000.

Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $118,000
Population: 106,468
Median age: 39.6
Owner / renter: 77% / 23%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L5M)

$589,000

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,900

Min 5.76%50%

Mortgage payment$3,078/mo

↳ CMHC premium ($22,204 capitalized)

Property tax (est.)$272/mo

Condo fee$1,251/mo

Total monthly$4,601

Cash Needed to Close

Down payment (5.76%)$33,900

Land transfer tax$8,255

Est. closing costs$4,267

Total cash needed$46,422

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