3562 Colonial Dr 23
Erin Mills, Mississauga, L5L 0C1
FOR SALE
$745,000
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Property Description
Welcome to this brand-new, never-lived-in corner townhome in the desirable Erin Mills neighborhood of Mississauga. This 2-bedroom, 3-bathroom home offers 1,047 sq. ft. (as per builder plan) of stylish living space, making it the perfect choice for a young family. Positioned with a front-door view of a playground, this unit provides all of the extra perks of being in a convenient corner unit. The open-concept living and dining area is bright and welcoming, highlighted by large windows that let in plenty of sunlight. The modern kitchen boasts quartz countertops, soft-close cabinetry, and stainless-steel appliances (still under warranty), with a contemporary backsplash and sufficient storage. The upstairs features two spacious bedrooms with large windows, offering a peaceful and light-filled retreat. The home also includes a convenient second-floor laundry room and a basement with a crawl space that provides additional storage options. TARION WARRANTY included + underground parking. Located close to top-rated schools, shopping, dining, and transit, this property offers modern style, comfort, and convenience in a growing, vibrant community. Why choose a condo when you can enjoy the benefits of townhome living for the same price?
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Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1000-1199
Basement
Crawl Space
Exterior
Brick, Stucco/Plaster
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 |
|---|---|---|---|
| Kitchen | Main | 8.89' x 9.06' | Open Concept, Walk-Out, Large Window |
| Living | Main | 10.86' x 13.52' | Open Concept, Combined W/Dining, Laminate |
| Powder Rm | Main | 9.68' x 3.48' | 2 Pc Bath |
| Br | 2nd | 12.76' x 9.12' | Large Window, 4 Pc Ensuite, Large Closet |
| Bathroom | 2nd | 7.55' x 4.89' | 4 Pc Bath |
| 2nd Br | 2nd | 10.47' x 8.99' | Large Window, Laminate |
| Bathroom | 2nd | 8.69' x 4.86' |
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Mississauga Market Statistics
Mississauga Price Trend
3562 Colonial Dr 23 is a 2-bedroom 3-bathroom townhome listed for sale at $745,000, which is $32,945 (4.6%) 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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