A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 3401 Ridgeway Dr #416, Mississauga Ontario L5L 5T3
4 days on Market

3401 Ridgeway Dr #416, Mississauga, Ontario L5L 5T3

In the same building:
-
Condo
1
1
~0-499 sqft
$499,000
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$500/sqft

Est. Mortgage$2,143/mo

Maintenance fees$418/mo

Tax Amount (2024)$1,575/yr

Days On Market4 days


Description

Perfectly Situated In The Highly Desirable South Erin Mills Neighbourhood, Offering An Unbeatable Combination Of Style, Convenience, And Location! This Never Lived-In Brand-New 1 Bedroom Suite, 1 Full Washroom Condo Apartment Features Low Maintenance Fees, Making It An Ideal Choice For First-Time Buyers Or Investors.The Modern, Open-Concept Layout Boasts Laminate Flooring, Pot Lights, And A Bright, Welcoming Interior With A Walk-Out Balcony Perfect For Relaxing Outdoors. The Sleek Kitchen Is Equipped With Stainless Steel Appliances, Quartz Countertops, And Ample Cabinetry. Enjoy In-Suite Laundry, One Owned Underground Parking Spot, And Proximity To Top Schools, Trails, Parks, Erin Mills Town Centre, Major Highways, Public Transit, And Countless Amenities, Including Costco, Walmart, Restaurants/Fine Dining, Coffee Shops, And Gyms. Excellent Location, Elevator For Convenience, Retail Area With Commercial Parking, Lots Of Visitor Parking, An Easy Commute Via The Miway/GO Transit To University Of Toronto Mississauga,Square One Shopping Mall, Access To Hwys 403, 407 And The QEW. Don't Miss This Incredible Opportunity To Call The Way Condos Your Home!


Property Details

StyleApartment
View-
Age of property0-5
SqFt~0-499 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW11913969
Community NameLower Erin Mills
Data SourceTRREB
Listing byCENTURY 21 LEADING EDGE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

3.99 x 1.51

Stainless Steel Appl / Quartz Counter / Laminate

Dining

1.61 x 2.69

Pot Lights / Combined W/Living / W/O To Balcony

Living

4.46 x 4.67

Pot Lights / Combined W/Kitchen / Laminate

Prim Bdrm

4.06 x 2.39

Pot Lights / Closet / Large Window


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Elevator
Amenities

Bbqs Allowed, Bike Storage, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 8, 2025
ListedActive
$499,000
4 days on market
history photo preview6
Listing by trreb®
Property listed by CENTURY 21 LEADING EDGE REALTY INC., Brokerage

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Market Data - Lower Erin Mills

Geo Zone Map ThumbnailLower Erin Mills

Balanced Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

47 days

Compared to

2024

53 days

2023

67 days

2022

11 days

New Listings

Past 30 days

27 listings

Compared to

2024

22 listings

2023

16 listings

2022

4 listings

Units sold

Past 30 days

8 units

Compared to

2024

7 units

2023

7 units

2022

9 units

Median Sold Price

Past 30 days

$662,500

Compared to

2024

$670,000

2023

$750,000

2022

$619,000


Population and Demographics

Overview

Total population 41369
Average household income $143,772

Age (%)

50 to 64
22%
65 and plus
21%
0 to 19
20%
20 to 34
19%
35 to 49
17%

Household composition (%)

Single family
76%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
66%
Polish
5%
Mandarin
4%
Arabic
4%
Urdu
4%
Others
3%
Tagalog (Pilipino, Filipino)
3%
Spanish
2%
Yue (Cantonese)
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
78%
Renters
22%

Schools and amenities

Estimated Budget