8 days on Market

3401 Ridgeway Dr #314, Mississauga, Ontario L5L 0B9

In the same building:
-
Condo
1
1
~0-499 sqft
$•••,•••
$450,000
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$451/sqft

Est. Mortgage$1,933/mo

Maintenance fees$169/mo

Tax Amount (2024)$2,849/yr

Days On Market8 days


Description

One year New 1-Bedroom + 4 pc Bath + 1 parking low rise Condo Near UTM & South Common Mall. This stunning 1-bedroom, 1-bathroomunit with a southwest-facing unobstructive view. This modern unit features: Full-sized kitchen with quartz countertops, stainless steel appliances, and a subway tile backsplash; Open-concept living area with plenty of natural light; 4-piece bathroom and Full sized washer and dryer. A well-managed, low-rise 4-storey building. Easy access to: South Common Mall, Erin Mills Town Centre, and local shopping; University of Toronto Mississauga & Sheridan College; New popular Ridgeway Plaza for various food choices and Friend gathering; Public transit; Winston Churchill GO; Hwy 403/407/QEW; Credit Valley Hospital; Walking/hiking trails, community centers, Lifetime Fitness. Nearby conveniences include Costco, Best Buy, Home Depot, and Canadian Tire. A quiet, well-connected neighborhood don't miss out!


Property Details

StyleApartment
View-
Age of propertyNew
SqFt~0-499 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW12064797
Community NameLower Erin Mills
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

6.22 x 3.7

Laminate / Open Concept / W/O To Balcony

Dining

6.22 x 3.7

Laminate / Combined W/Living / Window Flr to Ceil

Kitchen

6.22 x 3.7

Quartz Counter / Backsplash / Stainless Steel Appl

Primary

3.38 x 2.41

Laminate / Double Closet / Window Flr to Ceil


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Elevator
Amenities

Bbqs Allowed, Bike Storage, Concierge, Exercise Room, Guest Suites, Gym

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 6, 2025
ListedActive
$450,000
8 days on market
history photo preview27
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - Lower Erin Mills

Geo Zone Map ThumbnailLower Erin Mills

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

19 days

2023

23 days

2022

10 days

New Listings

Past 30 days

38 listings

Compared to

2024

22 listings

2023

21 listings

2022

28 listings

Units sold

Past 30 days

9 units

Compared to

2024

21 units

2023

15 units

2022

19 units

Median Sold Price

Past 30 days

$740,000

Compared to

2024

$800,000

2023

$600,000

2022

$925,000


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