$739,900

For sale

#83 5230 Glen Erin Drive, Mississauga (Central Erin Mills) - Single Family for Sale

#83 5230 Glen Erin Drive, Mississauga (Central Erin Mills), Ontario, L5M5Z7

3 beds3 baths2 parking1,500 ft²$549/mo condo feeListed 38 days ago

Overview

This 3-bedroom, 3-bathroom condo in Mississauga is for sale offering roughly 1,500 sq ft of space. It has been on the market 38 days, fresher than the Mississauga average of 55 days.

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Description

Welcome to this spacious three bedroom, three bathroom condo townhome offering an exceptional opportunity to create the home you've always envisioned. Featuring a very functional layout, a large master bedroom and a large finished basement with endless potential, this property is ideal for first time home buyers or buyers looking to add value through their own updates and personal touches. Being in a prime location, this home is conveniently located close to major highways, major shopping centers, schools, parks, public transit, and everyday amenities, this is a rare chance to secure a generously sized home in a sought-after community at an attractive price. With a little TLC, the possibilities are endless. (id:66096)

Property Details

MLS®: W13838640
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $549/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata

Rooms

Ground level

Kitchen: 3.13 x 2.61 meters
Family room: 4.28 x 3.03 meters
Living room: 5.81 x 3.91 meters

Second level

Bedroom 2: 3.63 x 2.63 meters
Primary Bedroom: 4.93 x 3.75 meters
Bedroom 3: 4.08 x 3.03 meters

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

Features

Flooring: Tile, Hardwood
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Mississauga (Central Erin Mills) listings, avg age

55d

Price / ft²

$493

List price

$740K

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 (Central Erin Mills) has been listed for 38 days, which is 17 days fresher than the city average of 55. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · AMIR KHOSHDEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $739,900, about 6.3× the local median household income of $118,000.

Carrying it typically needs a household income of about $144,528 (20% down, 25-yr amortization, stress-tested) — roughly 22% above 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)

$739,900· $493/ft²

For sale

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Full Cost Breakdown

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Down Payment6.62% · $48,990

Min 6.62%50%

Mortgage payment$3,831/mo

↳ CMHC premium ($27,636 capitalized)

Property tax (est.)$416/mo

Condo fee$549/mo

Total monthly$4,795

Cash Needed to Close

Down payment (6.62%)$48,990

Land transfer tax$11,273

Est. closing costs$4,720

Total cash needed$64,983

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