2301 Derry Rd W 603
Meadowvale, Mississauga, L5N 2R4
FOR SALE
$495,800
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Property Description
Very affordable and perfect for first time home-buyer. Spacious 2 Bedroom Condo With Wood Floors Throughout (No Carpet). Very well maintained unit with newer washer/dryer, sliding doors, bathroom and kitchen. Large Balcony With Sunny West Exposure. Very Bright And Clean Unit In Well Managed Building. Property Will Be Vacant April 30, 2024.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,560 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Other
Air Conditioning
Other
Parking 1
Exclusive
Garage Type
Underground
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Mississauga Market Statistics
Mississauga Price Trend
2301 Derry Rd W 603 is a 2-bedroom 1-bathroom condo listed for sale at $495,800, which is $140,998 (22.1%) lower 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 1-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 Re/Max Realty Specialists Inc.
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