3401 Ridgeway Dr 416
Erin Mills, Mississauga, L5L 5T3
FOR SALE
$559,000
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BEDROOMS1
BATHROOMS1
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Property Description
Location, Location, Location! Welcome to The Way Urban Towns, situated among a plethora of amenities in the vibrant community of Erin Mills, close to renowned schools, trails, parks, Erin Mills Town Centre and more. This beautiful 1 bedroom unit boasts laminate floors throughout, an open concept layout, and enhancing pot lights presenting a bright and welcoming interior. The living, dining and kitchen seamlessly blend together, complete with a walk-out to the open balcony- perfect for enjoying the serene outdoor views. The charming kitchen features new stainless steel appliances, quartz countertops, and ample cabinetry space for all your culinary needs. Discover the bedroom across the hall, boasting a large window and its own closet. Convenience is key with an in-suite laundry, as well as 1 owned parking spot. Do not delay on the opportunity to call this space yours!
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Extras
Exceptional location within close proximity to Erin Mills Town Centre, an easy commute via the MiWay/GO Transit to University of Toronto Mississauga, Square One Shopping Mall, fine dining restaurants, access to hwys 403, 407 and the QEW.
Property Features
Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 4.95' x 13.09' | Stainless Steel Appl, Quartz Counter, Laminate |
Dining | Main | 8.83' x 5.28' | Pot Lights, Combined W/Living, W/O To Balcony |
Living | Main | 15.32' x 14.63' | Pot Lights, Combined W/Kitchen, Laminate |
Prim Bdrm | Main | 7.84' x 13.32' | Pot Lights, Closet, Large Window |
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Mississauga Market Statistics
Mississauga Price Trend
3401 Ridgeway Dr 416 is a 1-bedroom 1-bathroom condo listed for sale at $559,000, which is $37,740 (7.2%) higher than the average sold price of $521,260 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 1 bedroom condo in Mississauga declined by $11,909 (2.2%) compared to the previous 30 day period (July 9 - August 7) and down $48,120 (8.5%) from the same time one year ago.Inventory Change
There were 137 1-bedroom condos listed in Mississauga over the last 30 days (August 8 - September 6), which is up 9.6% compared with the previous 30 day period (July 9 - August 7) and up 14.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Mississauga typically sold ($10,439) (2.0%) below asking price over the last 30 days (August 8 - September 6), which represents a $2,628 decrease compared to the previous 30 day period (July 9 - August 7) and ($13,602) 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 1-bedroom condos in Mississauga over the last 30 days (August 8 - September 6) stood at 53.3%, up from 42.4% over the previous 30 days (July 9 - August 7) and up from 50.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Mississauga stood at 31 days when successfully sold over the last 30 days (August 8 - September 6), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Sam Mcdadi Real Estate Inc.
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