$499,000

For sale

#84 2891 RIO Court, Mississauga - Single Family for Sale

#84 2891 RIO Court, Mississauga, Ontario, L5M0S3

2 beds1 bath1 parking702 ft²$337/mo condo feeListed 90 days ago

Overview

This 2-bedroom, 1-bathroom condo in Mississauga is for sale offering roughly 702 sq ft of space. Listed at $499,000, it is attractively priced about 14% below the $579,900 median asking price in Mississauga.

Condos for Sale in Mississauga →All real estate in Mississauga →

Description

Welcome to this beautifully maintained 2-bedroom end-unit condo townhouse located on the main floor in the highly sought-after Central Erin Mills community. This is a very rare and one-of a-kind unit, seldom offered for sale. Featuring a bright and functional open-concept layout, this home offers a spacious living and dining area seamlessly connected to a modern kitchen with brand new appliances-perfect for everyday living and entertaining. Enjoy two generously sized bedrooms and a newly renovated bathroom, thoughtfully updated with contemporary finishes. Step outside to your private patio with elegant interlocking tiles-an ideal space for relaxing or hosting guests. This home includes one convenient outdoor parking spot and is perfectly situated close to top-rated schools, including John Fraser Secondary School. Enjoy easy access to shopping, Credit Valley Hospital, Highway 403, GO Transit, and a wide range of amenities. A fantastic opportunity for first-time buyers, downsizers, or investors-don't miss out! (id:66096)

Property Details

MLS®: 40854029
Property Type: Single Family
Zoning: RM9-6
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 702 ft²
Storeys: 1
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Condo Fee: $337/mo
Fee Includes: Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,153/yr
Listed: 90 days ago

Rooms

Main level

3pc Bathroom
Bedroom: 9'1'' x 9'6''
Primary Bedroom: 10'2'' x 12'10''
Living room: 10'10'' x 15'10''
Kitchen: 8'1'' x 10'0''

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

Features

Exterior: Brick, Stone
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

90d

Mississauga listings, avg age

58d

Price / ft²

$711

List price

$499K

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

Set a price alert Book a showing

Listed by Re/Max Realty Services Inc · Nick Bhullar

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5M)

This home lists at $499,000, about 4.2× the local median household income of $118,000.

Carrying it typically needs a household income of about $97,472 (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)

$499,000· $711/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$263/mo

Condo fee$337/mo

Total monthly$3,228

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator