$759,900

For sale

#71 2205 South Millway, Mississauga (Erin Mills) - Single Family for Sale

#71 2205 South Millway, Mississauga (Erin Mills), Ontario, L5L3T2

3 beds3 baths2 parking1,700 ft²$458/mo condo feeListed 22 days ago

Overview

This 3-bedroom, 3-bathroom condo in Mississauga is for sale offering roughly 1,700 sq ft of space. It has been on the market 22 days, fresher than the Mississauga average of 45 days.

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Description

A Wonderful Opportunity To Purchase An Executive 2 Storey Daniels Built Townhome In A Most Sought-After, Family-Friendly Complex With The Best Location In The Complex Within A Quiet Erin Mills Community. Located In Close Proximity To All Amenities, Consisting Of 1,687 Square Feet Plus 3-Bedroom Home. Features A Finished Lower Level With Gas Fireplace, 3 Bathrooms, One Parking Spot In The Driveway And One In The Garage.Open-Concept Living Room With Electric Fireplace, And Dining Room, Both With Hardwood Floors. A Skylight Above The Staircase Allowing An Abundance Of Natural Light. Walkout From Living Room To A Private/Secluded Patio With A West-Facing Exposure. No Direct Rear Neighbours, But In The Distance You Will See The Playground And Outdoor Swimming Pool. Enjoy The Afternoon Sun On The Patio While Hosting Family Gatherings Or Having Quiet Time. Reasonable Monthly Fees Cover Common Elements, Inground Swimming Pool, Playground, Regular Outside Maintenance, Landscaping, Snow Removal And Visitor Parking. There Are Many Visitor Parking Spaces Throughout The Development!!! Very Close To Amenities, South Common Mall, Erin Mills Town Centre, Highways 403 and QEW, Public Transit Including GO trains, Credit Valley Hospital, Square One Shopping Centre, Excellent Area Restaurants, UTM, And So Much More. Don't Miss This Opportunity!!! (id:66096)

Property Details

MLS®: W14004236
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,700 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Condo Fee: $458/mo
Fee Includes: Common Area Maintenance, Insurance, Parking

Rooms

Main level

Living room: 3.65 x 4.9 meters
Dining room: 3.35 x 3.81 meters
Eating area: 2.43 x 2.13 meters
Kitchen: 4.26 x 2.68 meters

Second level

Primary Bedroom: 5.33 x 3.65 meters
Bedroom 2: 4.72 x 3.53 meters
Bedroom 3: 3.23 x 2.89 meters

Basement

Recreational, Games room: 6.91 x 5.3 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, Stove, Dryer, Window Coverings
Flooring: Hardwood, Carpeted, Ceramic
Foundation: Concrete
Exterior: Wood, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Mississauga (Erin Mills) listings, avg age

45d

Price / ft²

$447

List price

$760K

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 (Erin Mills) has been listed for 22 days, which is 23 days fresher than the city average of 45. Act while there is still low competition.

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Listed by SUTTON GROUP QUANTUM REALTY INC. · TIMOTHY J. N. PARSONS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5L)

This home lists at $759,900, about 6.9× the local median household income of $110,000.

Carrying it typically needs a household income of about $148,435 (20% down, 25-yr amortization, stress-tested) — roughly 35% above the area median.

Median household income: $110,000
Population: 43,585
Median age: 44
Owner / renter: 79% / 21%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L5L)

$759,900· $447/ft²

For sale

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Full Cost Breakdown

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Down Payment6.71% · $50,990.00

Min 6.71%50%

Mortgage payment$3,930/mo

↳ CMHC premium ($28,356 capitalized)

Property tax (est.)$378/mo

Condo fee$458/mo

Total monthly$4,766

Cash Needed to Close

Down payment (6.71%)$50,990

Land transfer tax$11,673

Est. closing costs$4,780

Total cash needed$67,443

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