3401 Ridgeway Dr 308

FOR SALE
$569,786
3401 Ridgeway Dr 308, Mississauga
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
3401 Ridgeway Dr 308
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
W9244310
MLSID
Contact Us
Property Description
Welcome to The Way Condos by Sorbara, located in the highly desirable South Erin Mills! This nearly brand-new 2-bedroom, 2 full washrooms condo apartment features low maintenance fees, making it ideal for first-time buyers or investors. Enjoy the convenience of being close to major highways, public transportation, Costco, Walmart, Home Depot, Canadian Tire, restaurants, coffee shops, gyms, and more. The condo boasts a modern kitchen with stainless steel appliances, open-concept living, ensuite laundry, and includes one owned underground parking spot. Don't miss this opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-11 2024-08-07 57 $599,888 - Terminated
2024-05-03 2024-06-06 34 $3,800 - Terminated
2024-05-03 2024-06-06 34 $599,900 - Terminated
2024-02-28 2024-05-02 64 $3,800 - Terminated
2024-04-08 2024-04-30 22 $689,900 - Terminated
2024-02-28 2024-04-08 40 $719,000 - Terminated
Extras
Excellent Location, Elevator For Convenience, Retail Area with Commercial parking, Lots of Visitor Parking, Available furnished for extra cost
Property Features
Library, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,882 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain7.87' x 12.17'Laminate, Combined W/Kitchen, Open Concept
KitchenMain7.87' x 12.17'Laminate, Combined W/Kitchen, W/O To Balcony
Prim BdrmMain7.09' x 12.07'Laminate, Large Closet, Large Window
2nd BrMain8.27' x 8.79'Laminate, Closet, Side Door
Mississauga Market Statistics
Mississauga Price Trend
3401 Ridgeway Dr 308 is a 2-bedroom 2-bathroom condo listed for sale at $569,786, which is $59,484 (9.5%) lower than the average sold price of $629,270 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga increased by $13,744 (2.2%) compared to the previous 30 day period (July 20 - August 18) and down $37,965 (5.7%) from the same time one year ago.
Inventory Change
There were 224 2-bedroom condos listed in Mississauga over the last 30 days (August 19 - September 17), which is up 4.7% compared with the previous 30 day period (July 20 - August 18) and down 4.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($18,794) (3.0%) below asking price over the last 30 days (August 19 - September 17), which represents a $5,068 decrease compared to the previous 30 day period (July 20 - August 18) and ($13,634) 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 (August 19 - September 17) stood at 30.4%, down from 35.5% over the previous 30 days (July 20 - August 18) and down from 33.3% 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 43 days when successfully sold over the last 30 days (August 19 - September 17), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd
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