4850 GLEN ERIN Dr PH 3
Central Erin Mills, Mississauga, L5M 7S1
FOR SALE
$699,000
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BEDROOMS2
BATHROOMS1
KITCHENS7
ROOMSW9507606
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Property Description
Immediate possession available in this rarely offered PENTHOUSE unit in prestigious Papillon Palace!. Fantastic corner unit with beautiful views of the City and park views. The unit also includes a parking spot and a locker. Papillon Palace offers top-notch amenities: an indoor pool, sauna, 2 party rooms, a games/billiard area, an outdoor deck/BBQ area, and a gym. Located a short distance away from Erin Mills Town Centre and close to all amenities like grocery stores, pharmacy, restaurants and more! Don't miss out on this opportunity to experience low maintenance condo living
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Nearby Intersections
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,138 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None (A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 7.87' x 14.11' | |
| Dining | Main | 10.01' x 20.41' | |
| Living | Main | 10.01' x 20.41' | |
| Prim Bdrm | Main | 10.99' x 13.29' | |
| 2nd Br | Main | 8.01' x 10.50' |
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Mississauga Market Statistics
Mississauga Price Trend
4850 GLEN ERIN Dr PH 3 is a 2-bedroom 2-bathroom condo listed for sale at $699,000, which is $80,415 (13.0%) higher than the average sold price of $618,585 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga declined by $18,617 (2.9%) compared to the previous 30 day period (September 1 - September 30) and down $6,764 (1.1%) from the same time one year ago.Inventory Change
There were 258 2-bedroom condos listed in Mississauga over the last 30 days (October 1 - October 30), which is up 1.6% compared with the previous 30 day period (September 1 - September 30) and up 26.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($16,312) (2.6%) below asking price over the last 30 days (October 1 - October 30), which represents a $4,689 increase compared to the previous 30 day period (September 1 - September 30) and ($15,612) 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 (October 1 - October 30) stood at 31.8%, up from 27.2% over the previous 30 days (September 1 - September 30) and up from 30.9% 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 34 days when successfully sold over the last 30 days (October 1 - October 30), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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