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$535,000

Listed at: $569,786

Off-Market

3401 Ridgeway Drive 308, Mississauga, ON L5L 5T3

2Bedrooms

2Bathrooms

1Parking

Sold on Sep 15, 2024

39 Days on Market

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityMississauga

NeighbourhoodErin Mills

Days on Market39 Days

Sold DateSep 15, 2024

ExposureWest

LockerNone

BasementNone

Property Description

Welcome to The Way Condos by Sorbara, located in the highly desirable South Erin Mills! This nearly brand-new 2-bedroom, 2 full washrooms condo apartment features low maintenance fees, making it ideal for first-time buyers or investors. Enjoy the convenience of being close to major highways, public transportation, Cost...

Property Details

Construction MaterialsBrick, Concrete

Approximate Age0

MLS StatusSold

MLSW9244310

Sold DateSep 15, 2024

Annual Taxes$2,882

Maintenance Fees$214

Maintenance Fee IncludesWater Included, Building Insurance Included, Common Elements Included

Cross StreetsRidgeway and College way

Interior Features

HeatingHeat Pump (Gas)

CoolingCentral Air

LaundryMain Level

Interior FeaturesNone

Exterior Features

Architectural StyleCondo Apartment

Garage TypeUnderground

Pets AllowedYes-with Restrictions

ElevatorYes

Exterior FeaturesBrick, Concrete

Virtual TourAvailable

Building & Property Amenities

water included

building insurance included

common elements included

Comprehensive Specifications

AreaPeel

Assessment Year2024

Balcony TypeOpen

Bedrooms Above Grade2

Buyer Office NameSWIFT GROUP REALTY LTD.

Contract StatusUnavailable

Geocode SourceMAPBOX

InclusionsAll Existing Appliances include; Stainless steel Fridge, Stove, B/I Stovetop Microwave, B/I Dishwasher, White Stacked Washer and Dryer, One underground Parking.

Kitchens Above Grade1

Kitchens Total1

Legal Stories3

List A O RToronto Regional Real Estate Board

Living Area Range600-699

LockYes

Mortgage CommentTAC

Parking Type1Owned

Percent List Price94

Permission To Contact Listing Broker To AdvertiseYes

Possession Date2024-08-31

Possession Detailsflex

Price Change TimestampSep 13, 2024, 7:24 PM

Property Management CompanyMelbourne Property management

Public Remarks ExtrasExcellent Location, Elevator For Convenience, Retail Area with Commercial parking, Lots of Visitor Parking, Available furnished for extra cost

Purchase Contract Date2024-09-15

Rental ItemsWater/Heat Pump

Rooms Above Grade4

Sold Conditional Entry TimestampSep 16, 2024, 5:29 PM

Sold Entry TimestampSep 25, 2024, 10:53 PM

Square Foot SourceBuilder

Status Certificate Y NYes

Street SuffixDrive

Tax Assessed Value327000

Tax Year2024

U F F INo

Unit Number308

Washrooms Type11

Washrooms Type1 LevelMain

Washrooms Type1 Pcs4

Washrooms Type21

Washrooms Type2 LevelMain

Washrooms Type2 Pcs4

Map

Rooms

Name	Size	Meter Features
Kitchen	2.4 x 3.71 m
Living Room	2.4 x 3.71 m
Primary Bedroom	2.16 x 3.68 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$3,236 / month

Req. Household Income

$114,768/yr

Est. Upfront Cash

$33,175

Down Payment (5.3%)$28,500

5.3% ($28,500)50% ($267,500)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$2,782

Property Taxes

$240

Maintenance Fees

$214

Req. Household Income (32% GDS):$114,768/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.