$829,900

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#81 2155 South Millway, Mississauga (Erin Mills) - Single Family for Sale

#81 2155 South Millway, Mississauga (Erin Mills), Ontario, L5L3S1

2 beds3 baths2 parking ft²

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Investment analysis

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$829,900

Mississauga

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Description

Location, Location, Location. Daniels Built Twnhs In Fab Complex W/ Beautifully Maintained Grounds, Backing Onto Parkette with treed views. Very Private. Outdoor Pool steps away adds to summer family fun. 2 Lrg Bdrms On 2nd Flr - Mstr W/ His/Her Closets, Sitting Area, Prof Fin'd Ensuite W/ Dbl Sinks, W/I Shower & Large Soaker Tub. 2nd Bdrm W/ Built In Closet Organizers & Semi-Ensuite 4pc bath. Minutes to Southdown Mall, 403 or QEW makes it a spectacular location!Home in pristine condition. (id:66096)

Property Details

MLS®: W13858996
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,700 ft²
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Pool: Yes
Condo Fee: $551/mo
Fee Includes: Common Area Maintenance, Cable TV
Ownership: Condo/Strata
Property Tax: $4,590.95/yr
Listed: 32 days ago

Rooms

Main level

Kitchen: 4.77 x 2.47 meters
Eating area: 3.1 x 2.16 meters
Dining room: 4.08 x 3.4 meters
Family room: 5.06 x 3.45 meters

Second level

Primary Bedroom: 6.12 x 3.99 meters
Sitting room: 2.72 x 2.63 meters
Bedroom: 5.14 x 3.61 meters

Basement

Recreational, Games room: 6.64 x 4.84 meters
Utility room: 8.46 x 3.66 meters

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

Market Timing

Days on market

32d

Mississauga (Erin Mills) listings, avg age

45d

Price / ft²

$488

List price

$830K

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.

Area context

Neighbourhood profile (L5L)

This home lists at $829,900, about 7.5× the local median household income of $110,000.

Carrying it typically needs a household income of about $162,109 (20% down, 25-yr amortization, stress-tested) — roughly 47% 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)

$829,900· $488/ft²

For sale

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Full Cost Breakdown

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Down Payment6.99% · $57,990.00

Min 6.99%50%

Mortgage payment$4,280/mo

↳ CMHC premium ($30,876 capitalized)

Property tax (est.)$383/mo

Condo fee$551/mo

Total monthly$5,213

Cash Needed to Close

Down payment (6.99%)$57,990

Land transfer tax$13,073

Est. closing costs$4,990

Total cash needed$76,053

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#81 2155 South Millway, Mississauga (Erin Mills) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L5L)

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