3562 Colonial Dr 16
Erin Mills, Mississauga, L5L 0C1
FOR SALE
$795,000
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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?
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Property Features
Cul De Sac, Place Of Worship, Public Transit, Rec Centre, School, Terraced
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 7.91' x 7.91' | Combined W/Dining, Open Concept, W/O To Balcony |
| Dining | Main | 6.56' x 6.56' | Combined W/Kitchen, Large Window, Open Concept |
| Kitchen | Main | 13.48' x 6.56' | Open Concept |
| Powder Rm | Main | 9.32' x 7.91' | 2 Pc Bath |
| Br | 2nd | 14.24' x 9.42' | 3 Pc Ensuite, Large Window, Large Closet |
| 2nd Br | 2nd | 9.32' x 7.91' | Large Closet, Large Window |
| Bathroom | 2nd | 9.65' x 4.92' | 4 Pc Bath |
| Foyer | Ground | 8.07' x 4.72' |
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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 $82,174 (11.5%) higher than the average sold price of $712,826 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom townhome in Mississauga increased by $7,976 (1.1%) compared to the previous 30 day period (September 21 - October 20) and up $14,898 (2.1%) from the same time one year ago.Inventory Change
There were 49 2-bedroom townhomes listed in Mississauga over the last 30 days (October 21 - November 19), which is up 4.3% compared with the previous 30 day period (September 21 - October 20) and up 88.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Mississauga typically sold ($14,782) (2.1%) below asking price over the last 30 days (October 21 - November 19), which represents a $964 increase compared to the previous 30 day period (September 21 - October 20) and ($21,261) 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 (October 21 - November 19) stood at 46.9%, up from 42.6% over the previous 30 days (September 21 - October 20) and down from 80.8% 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 25 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Aboutowne Realty Corp.
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