1000 Cedarglen Gate 518
Erindale, Mississauga, L5C 3Z5
FOR SALE
$499,900
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Property Description
Welcome to this delightful condo situated in a peaceful, family-friendly neighborhood. This spacious open-concept unit features a modern kitchen with newer appliances including a refrigerator, dishwasher, stove, and range hood along with a convenient center island perfect for casual dining. The living and dining area features a spacious, open layout that overlooks the kitchen, enhancing the flow of the home. The layout offers 2 spacious bedrooms with thoughtfully designed open-concept closets featuring organizers, providing ample storage throughout the unit. Enjoy the convenience of an in-suite washer and dryer, as well as a newly installed electrical panel for added peace of mind. Step outside to your private balcony with open views, ideal for relaxing or hosting barbecues on warm days. A dedicated home office makes remote work a breeze. Lower level features plenty of storage. Location is key! This condo boasts a high walkability score, with Huron Park and a community center just a short stroll away. You'll find schools, parks, shopping, and transit options all nearby. Plus, Erindale GO Station and Highways 403 and 401 are just minutes away, making it perfect for commuters! With its blend of comfort and convenience, this unit is an excellent opportunity for first-time homebuyers. Don't miss your chance to make it your new home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-01-24 | 2020-02-07 | 14 | $399,800 | $418,500 | Sold |
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1000-1199
Taxes
$2,499 (2024)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.83' x 14.60' | Combined W/Dining, Open Concept |
| Dining | Main | 12.83' x 7.78' | Combined W/Living |
| Kitchen | Main | 7.84' x 19.39' | Ceramic Floor, Stainless Steel Appl, Centre Island |
| Prim Bdrm | Main | 10.63' x 16.08' | Closet Organizers, Window |
| 2nd Br | Main | 9.81' x 13.85' | Double Closet, Window |
| Laundry | Main | 3.54' x 4.92' | Ceramic Floor, Separate Rm |
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Mississauga Market Statistics
Mississauga Price Trend
1000 Cedarglen Gate 518 is a 2-bedroom 1-bathroom townhome listed for sale at $499,900, which is $210,940 (29.7%) lower than the average sold price of $710,840 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom townhome in Mississauga declined by $136,882 (16.1%) compared to the previous 30 day period (November 18 - December 17) and up $6,840 (1.0%) from the same time one year ago.Inventory Change
There were 19 2-bedroom townhomes listed in Mississauga over the last 30 days (December 18 - January 16), which is down 17.4% compared with the previous 30 day period (November 18 - December 17) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Mississauga typically sold ($20,385) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $6,654 decrease compared to the previous 30 day period (November 18 - December 17) and ($35,499) more 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 townhomes in Mississauga over the last 30 days (December 18 - January 16) stood at 57.9%, down from 95.7% over the previous 30 days (November 18 - December 17) and up from 14.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom townhome in Mississauga stood at 35 days when successfully sold over the last 30 days (December 18 - January 16), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Modern Solution Realty Inc.
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