3562 Colonial Dr 16

FOR SALE
$795,000
3562 Colonial Dr 16, Mississauga
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
3562 Colonial Dr 16
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
3 + 1
ROOMS
W9400201
MLSID
Contact Us
Property Description
Welcome to this brand-new, never-lived-in townhome in Mississauga's desirable Erin Mills community. Located in a quieter part of the complex, this 2-bedroom, 3-bathroom home offers 1,318 sq. ft. of modern living with a stunning rooftop terrace that overlooks lush greenery ideal for relaxation or entertaining, complete with a BBQ hookup. Step inside to an open concept living and dining area filled with natural light from large windows. The kitchen boasts sleek quartz countertops, soft-close cabinetry, and stainless-steel appliances (all under warranty). A stylish backsplash and ample storage make it beautiful and functional. The spacious primary bedroom upstairs features a large window and spa-like ensuite bathroom. A second-floor laundry room makes daily chores a breeze. TARION WARRANTY included + underground parking. The location is amazing - just steps from top schools, shopping, dining, and transit. Enjoy the perfect combination of style, comfort, and convenience in a growing, vibrant community. Why buy a 2-bedroom condo apartment when you can have 1300+ square feet of living space and a rooftop terrace for the same?
Property Features
Cul De Sac, Place Of Worship, Public Transit, Rec Centre, School, Terraced
Property Details
Community
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
1200-1399
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain7.91' x 7.91'Combined W/Dining, Open Concept, W/O To Balcony
DiningMain6.56' x 6.56'Combined W/Kitchen, Large Window, Open Concept
KitchenMain13.48' x 6.56'Open Concept
Powder RmMain9.32' x 7.91'2 Pc Bath
Br2nd14.24' x 9.42'3 Pc Ensuite, Large Window, Large Closet
2nd Br2nd9.32' x 7.91'Large Closet, Large Window
Bathroom2nd9.65' x 4.92'4 Pc Bath
FoyerGround8.07' x 4.72'
Mississauga Market Statistics
Mississauga Price Trend
3562 Colonial Dr 16 is a 2-bedroom 3-bathroom townhome listed for sale at $795,000, which is $82,945 (11.6%) higher than the average sold price of $712,055 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom townhome in Mississauga increased by $18,283 (2.6%) compared to the previous 30 day period (September 1 - September 30) and up $33,589 (5.0%) from the same time one year ago.
Inventory Change
There were 48 2-bedroom townhomes listed in Mississauga over the last 30 days (October 1 - October 30), which is down 4.0% compared with the previous 30 day period (September 1 - September 30) and up 41.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Mississauga typically sold ($20,465) (2.9%) below asking price over the last 30 days (October 1 - October 30), which represents a $7,295 decrease compared to the previous 30 day period (September 1 - September 30) and ($20,416) 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 townhomes in Mississauga over the last 30 days (October 1 - October 30) stood at 56.2%, up from 22.0% over the previous 30 days (September 1 - September 30) and up from 52.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Mississauga stood at 21 days when successfully sold over the last 30 days (October 1 - October 30), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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