1000 Cedarglen Gate 509
Erindale, Mississauga, L5C 3Z5
FOR SALE
$640,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSW8177904
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Property Description
GREAT, CONVENIENT LOCATION - WALKING DISTANCE TO PARK, COMMUNITY CENTRE, SUPERSTORE, HOME DEPOT, CANADIAN TIRE; MINUTES AWAY FROM SUPERMARKETS & HIGHWAYS. UNOBSTRUCTED S.E. VIEW; AMPLE VISITOR PARKING SPACES, ONE PARKING AND ONE LOCKER INCLUDED
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,327 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
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Mississauga Market Statistics
Mississauga Price Trend
1000 Cedarglen Gate 509 is a 2-bedroom 2-bathroom condo listed for sale at $640,000, which is $3,202 (0.5%) higher than the average sold price of $636,798 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga declined by $14,777 (2.3%) compared to the previous 30 day period (February 27 - March 27) and down $24,375 (3.7%) from the same time one year ago.Inventory Change
There were 255 2-bedroom condos listed in Mississauga over the last 30 days (March 28 - April 26), which is up 23.8% compared with the previous 30 day period (February 27 - March 27) and up 40.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($12,860) (2.0%) below asking price over the last 30 days (March 28 - April 26), which represents a $57 decrease compared to the previous 30 day period (February 27 - March 27) and ($11,905) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Mississauga over the last 30 days (March 28 - April 26) stood at 60.8%, up from 51.5% over the previous 30 days (February 27 - March 27) and down from 76.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Mississauga stood at 33 days when successfully sold over the last 30 days (March 28 - April 26), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/5 Star Realty Ltd.
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