5 of the least expensive homes sold in Mississauga are under $500K
Published June 8, 2023 at 3:24 pm
Trying to find a decent place to live at a reasonable price in Mississauga isn’t easy these days.
News yesterday that the Bank of Canada raised the key interest rate to 4.75 per cent isn’t making things better for those looking for a mortgage.
But although detached home prices are increasing, the latest real estate report shows condo prices decreasing slightly in May.
Those in the market for a modest condo may find a few inexpensive options in Mississauga.
The five least expensive homes sold in Mississauga in May are all under $500,000, according to real estate brokerage Zoocasa.
Here are five of the least expensive homes sold in Mississauga in May:
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409-365 Prince of Wales Drive
Centrally located, this bachelor/studio unit is in the Limelight Condo building near Square One. It is a tight, 461-square-foot condo where the sleeping area is next to the kitchen. But it comes with a balcony and a nearly 10-foot high ceiling.
This place sold for $460,000 on May 28, just under the $469,900 asking price.
Photo via Royal LePage Your Community Realty
211-2900 Battleford Road
For a little bit more, this one-bedroom condo is spacious at over 600 square feet. It comes with a parking spot and is near shopping in Meadowvale.
This place sold for $475,000, well over the asking price of $399,000, on May 31.
Photo via Exp Realty
1008-1100 Caven Street
This Lakeview, two-bedroom condo is good value for the money. It comes with views of Toronto’s skyline and Lake Ontario on a private balcony. Plus there are two generously sized bedrooms. It is within walking distance of the lake and the Port Credit GO Train station.
This place sold for $475,000 on May 15, well under the asking price of $539,000.
Photo via Royal LePage Real Estate Services Ltd.
216-35 Trailwood Drive
This two-bedroom condo boasts over 1,000 square feet of space. It also has two full bathrooms and quality laminate floors. It is close to major highways and Square One.
It sold for $485,000 on May 24, just under the $499,999 asking price.
Photo via Homelife Maple Leaf Realty Ltd.
516-145 Hillcrest Avenue
Lastly, this Cooksville condo came in at just under $500,000. It’s a one-bedroom with a solarium, living room and separate dining area. It’s within walking distance of Cooksville GO Station and public transit.
This place sold for $499,000 on May 25, just $900 under the asking price.
Photo via Save Max Supreme Real Estate Inc.
For more on these homes and others, visit the Zoocasa website.
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