5 of the least expensive homes sold in Mississauga in March
Published April 6, 2023 at 4:44 pm
Home prices in Mississauga dropped these last few months but there aren’t many bargains out there.
Most decent family homes are more than $1 million in the city. And the most recent statistics show an average condo unit sold for around $635,000 in March. This was a drop of 17.4 per cent compared to the same time last year but still pricey.
Townhouses were even more expensive at $792,500.
Yet, there are a few homes around the $500,000 mark that sold last month.
Here are five of the least expensive homes sold in Mississauga as compiled by real estate brokerage Zoocasa:
801-3555 Derry Road East
This two-bedroom condo in Malton comes with two balconies. There is a spacious living/dining area, ensuite laundry and storage, according to the listing. It is also close to shopping, schools, and the airport.
This condo was listed for $499,900 and sold on March 23 for over asking at $510,000.
Photo via Re/Max Gold Realty Inc.
314-4033 Hurontario Street
This City Centre condo is in the podium of Mississauga’s famous Marilyn Monroe Towers. It sold for nearly the same price as the Malton condo above, but it is a one-bedroom. However, it is located in the heart Of Mississauga and it has a floor-to-ceiling window for a bright space.
It also has a large kitchen and spacious layout at almost 700 square feet.
This place was listed for $499,000 and sold for just over asking at $500,000 on March 5.
Photo via Real Broker Ontario Ltd.
907-3145 Queen Frederica Drive
This condo in Applewood is fairly basic inside but it is a two-bedroom unit with an open concept living and dining area. But the best part of this place is the unobstructed view of a ravine and the Toronto skyline on a large balcony.
The unit sold for $455,000 just under the asking price of $461,900 on March 16.
Photo via Royal LePage Realty Centre
5-625 Shoreline Drive
This is the only townhouse on the list. It is a small place, under 600 square feet in Cooksville. But it is an affordable one-bedroom option. It’s also near shopping and many restaurants.
It sold for $445,000, under the $459,000 asking price on March 2.
Photo via Homelife/Miracle Realty Ltd.
804-2345 Confederation Parkway
The least expensive home on the list is also the largest. This three-bedroom condo in Cooksville comes with two bathrooms, large windows and two balconies.
The maintenance fee at $1,225 may have been a drawback for some buyers. The fee includes hydro, water, heat, building insurance and parking.
This place sold for $425,000, under the asking of $439,000 on March 6.
Photo via Re/Max West Realty Inc.insauga's Editorial Standards and Policies advertising