50 Eglinton Ave W 501
Hurontario, Mississauga, L5R 3P5
FOR SALE
$629,000

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Property Description
Discover the perfect blend of luxury and convenience with this stunning 1,035 sq. ft. corner suite, beautifully renovated and move-in ready. Nestled in the vibrant Hurontario neighbourhood, this prime location offers unparalleled access to the GTA's major highways (403, 410, 401, 407, and 427), making commuting a breeze. Whether you're heading downtown or exploring the surrounding areas, this suite offers the connectivity you need. Boasting two generously sized bedrooms and two beautiful bathrooms, this carpet-free condo features elegant high-end laminate flooring and modern tiles. The kitchen is a chef's delight with modern cabinetry, quartz countertops, stainless steel appliances and a breakfast bar for entertaining. Floor-to-ceiling windows flood the space with natural light and provide breathtaking west-to-east panoramic views. The suite also includes mirror closets in the bedroom and foyer, plus a new washer/dryer (2023) still under warranty. Simply unpack and enjoy the lifestyle this elegant home affords. Building amenities elevate your living experience, including a 24-hour concierge, gym, indoor saltwater pool, sauna, squash court, party/meeting room, and ample visitor parking. Neighbourhood Perks: Living in this sought after area of Mississauga means you'll be steps from Square One Shopping Centre, a hub for retail therapy, dining, and entertainment. Explore local parks and walking trails, or take advantage of nearby golf courses for a leisurely day outdoors. With the Hurontario LRT (Light Rail Transit) in development, future transit will be even more effortless, connecting you to the entire city and beyond.
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Nearby Intersections
Mavis & Eglinton (69)
Hurontario & Eglinton (136)
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Property Details
Street
Community
City
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
1000-1199
Taxes
$2,688 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P1)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 5.84' x 4.33' | Ceramic Floor, Mirrored Closet |
Dining | Main | 9.02' x 9.35' | Laminate, Open Concept |
Living | Main | 13.19' x 16.54' | Laminate, Open Concept, Large Window |
Kitchen | Main | 9.65' x 15.03' | Breakfast Bar, Stainless Steel Appl, Quartz Counter |
Bathroom | Main | 8.66' x 5.05' | Ceramic Floor, Stone Counter, 4 Pc Bath |
Laundry | Main | 3.28' x 3.28' | |
Prim Bdrm | Main | 15.35' x 10.89' | His/Hers Closets, 4 Pc Ensuite, Large Window |
Bathroom | Main | 8.04' x 6.63' | Ceramic Floor, 4 Pc Ensuite |
2nd Br | Main | 13.55' x 13.35' |
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Mississauga Market Statistics
Mississauga Price Trend
50 Eglinton Ave W 501 is a 2-bedroom 2-bathroom condo listed for sale at $629,000, which is $19,795 (3.1%) lower than the average sold price of $648,795 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga increased by $30,357 (4.9%) compared to the previous 30 day period (December 22 - January 20) and down $3,391 (0.5%) from the same time one year ago.Inventory Change
There were 228 2-bedroom condos listed in Mississauga over the last 30 days (January 21 - February 19), which is up 31.0% compared with the previous 30 day period (December 22 - January 20) and up 29.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($14,354) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,339 decrease compared to the previous 30 day period (December 22 - January 20) and ($17,235) 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 condos in Mississauga over the last 30 days (January 21 - February 19) stood at 17.5%, down from 32.8% over the previous 30 days (December 22 - January 20) and down from 55.7% 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 31 days when successfully sold over the last 30 days (January 21 - February 19), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
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