5 condos that just sold for less than $500,000 in Mississauga
Published January 4, 2023 at 11:55 am
New year, new house?
Now that 2023 is here and some economic uncertainty is dominating headlines, you might be hoping to purchase a home for a little less in Mississauga.
While it’s tough (if not impossible) to predict what will happen to the market this year, it’s no secret that prices are down from the highs they hit in early 2022. While it wouldn’t be accurate to say that dwellings in the city are particularly affordable (the average home price in the city sat at $1,022,312 in November 2022 and borrowing costs are steeper than before thanks to multiple interest rate hikes), there are some homes that are changing hands for less.
Real estate website and brokerage Zoocasa recently unveiled a list of homes that sold for less than $500,000.
Let’s take a look:
154 – 85 Bristol Rd. E.
Photo courtesy of Royal LePage Real Estate Services Ltd., Brokerage
This one-bedroom, one-bathroom Hurontario neighbourhood condo boasts over 500 square feet of space and sold for a little over-asking: $435,500 instead of the asking price of $429,000. The recently renovated suite features new laminate flooring, fresh paint, new doors, a large walk-in closet and an updated bathroom.
307 – 2929 Aquitaine Ave.
Photo courtesy of Exp Realty, Brokerage
This two-bedroom, two-bathroom Meadowvale condo sold for $440,000 after hitting the market at $448,000. The suite, which spans over 800 square feet, boasts an open-concept living space, two balconies, two parking spaces and proximity to shops, trails and transit.
1207 – 2323 Confederation Pkwy
Photo courtesy of RE/MAX Professionals Inc., Brokerage
This large three-bedroom, two-bathroom Cooksville condo offers more than 1,200 square feet of space. Initially priced at $449,000, the suite sold for $430,000 in December 2022. The unit offers a large solarium, an open-concept layout and a primary bedroom with an ensuite bathroom and his and hers closets.
101 – 2091 Hurontario St.
Photo courtesy of Right At Home Realty, Brokerage
This one-bedroom, two-bathroom condo, also located in Cooksville, offers over 700 square feet of space. The unit sold for $472,000 after being listed at $479,000. The suite, which was recently painted and boasts new carpet, is located in a 12-storey building that’s close to the QEW, transit, shops and parks.
Penthouse 1 – 3120 Kirwin Ave.
Photo courtesy of Royal LePage Meadowtowne Realty, Brokerage
This two-bedroom, one-bathroom Cooksville penthouse suite spans more than 900 square feet. It sold for $480,000 after being listed for $499,000. The unit offers spacious bedrooms and the primary suite features a walk-in closet.insauga's Editorial Standards and Policies advertising