4889 Kimbermount Ave 1505
Central Erin Mills, Mississauga, L5M 7R9
FOR SALE
$588,500
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Property Description
Stunning 2-Bedroom Apartment!!! Experience comfort and convenience in this beautiful 2-bedroom apartment, perfectly situated in the heart of Mississauga. This prime location offers easy access to major highways, is adjacent to Credit Valley Hospital, and is surrounded by major grocery stores. Enjoy the added convenience of being within walking distance to Erin Mills Town Centre.The apartment is also located within the highly-regarded John Fraser Secondary School catchment area, making it an excellent choice for families.Currently, the unit is tenanted, with tenants willing to either extend their lease or vacate if needed. Dont miss out on this incredible opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-12 | 2024-08-18 | 67 | $599,900 | - | Terminated |
| 2024-06-12 | 2024-08-15 | 64 | $599,900 | - | Suspended |
| 2022-11-16 | 2022-12-16 | 31 | $625,000 | $592,000 | Sold |
| 2022-11-16 | 2022-12-07 | 22 | $625,000 | $592,000 | Sold |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,698 (2024)
Basement
None
Exterior
Brick Front, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.17' x 9.25' | Breakfast Bar, Stainless Steel Appl, B/I Dishwasher |
| Living | Main | 11.25' x 16.67' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Main | 11.25' x 16.67' | Laminate, Combined W/Living, Open Concept |
| Prim Bdrm | Main | 10.01' x 11.91' | W/I Closet, Laminate, Large Window |
| 2nd Br | Main | 8.27' x 12.83' | Laminate, W/I Closet, Window |
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Mississauga Market Statistics
Mississauga Price Trend
4889 Kimbermount Ave 1505 is a 2-bedroom 1-bathroom condo listed for sale at $588,500, which is $35,234 (5.6%) lower than the average sold price of $623,734 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga declined by $2,944 (0.5%) compared to the previous 30 day period (July 17 - August 15) and down $52,310 (7.7%) from the same time one year ago.Inventory Change
There were 234 2-bedroom condos listed in Mississauga over the last 30 days (August 16 - September 14), which is up 3.1% compared with the previous 30 day period (July 17 - August 15) and down 6.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($18,395) (2.9%) below asking price over the last 30 days (August 16 - September 14), which represents a $3,638 decrease compared to the previous 30 day period (July 17 - August 15) and ($8,630) 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 (August 16 - September 14) stood at 29.9%, down from 34.4% over the previous 30 days (July 17 - August 15) and down from 35.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Mississauga stood at 45 days when successfully sold over the last 30 days (August 16 - September 14), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Top Max Realty Point
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