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            #51 2205 South Millway

            near College Way & Erin Mills
            $728,000 3+0bdr • 3ba • 1kit • 1600-1799sf
            Average Income
            $82,859
            Population Age
            59 y/old
            School Score
            6.73/10
            Price Index Change 1y
            +2.86%
            Price Index Change 3y
            +3.63%
            Rent Index Change 1y
            +7.03%
            Rent Index Change 3y
            +24.75%

            Condo Townhouse • 2-Storey #51

            #51 2205 South Millway, Erin Mills, Mississauga
            • Rooms and Bathrooms 3+0 bedr, 3 bath
            • Kitchens 1
            • area 1600-1799
            • garage 1.0 Built-In
            • exposure Se
            • age n/a
            • locker None
            • possession

              Immediate

            $728,000

            $3,186.00
            Tax yr: 2019

            $505.57/m

            CALCULATED NUMBERS:

            $2732.00

            calculator

            $2740

            3

            62 Somewhat Walkable

            63 Good Transit

            78 Very Bikeable

            6.73/10

            Property Location Details
            • Peel

            • Mississauga

            • Erin Mills

            • College Way & Erin Mills

            • L5L3T2

            • Residential

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            AXXESS REAL ESTATE LTD., BROKERAGE

            Property Overview
            Spacious Bright 1695 Sq Ft 3 Bedroom. Totally Renovated Executive Townhome. New (Custom Kitchen Cabinets W Quartz C.Top, Canopy & Flooring). 3 Bathrooms Have New Vanities W Quartz Top, L.E.D. E.L.F,S & Flooring. L.R With Gas Fireplace & W/O To Yard. Large Finished Rec Rm, Roughed In Plumbing For Extra Bathroom. New 5" Baseboard Throughout. New Laminate Flooring On 2nd Floor. Close To All Amenities & U.T.M. Q.E.W., 403, Transit, Shows Like New. R2000 Home
            Extras: Extras:Fridge, Stove, , New B/I Dishwasher. Washer, New Dryer. New Hi Eff Furnace (2019), All Window Coverings, Mirrors, All Existing Elfs, (H.R.V).
            Property Features
            • Hospital
            • Public Transit
            • Rec Centre
            • School
            • Brick
            • Vinyl Siding
            • Bbqs Allowed
            • Outdoor Pool
            • Common Elements Included
            • Ensuite Laundry
            • Fireplace/Stove
            • Building Insurance Included
            • Parking Included
            • Condo Taxes Included
            • Elevator
            • Heat Included
            • Hydro Included
            • Water Included
            • Family Room
            • Cable TV Included
            • CAC Included
            • Central Vac
            Rooms details
            Living
            • Ground Level
            • Hardwood Floor
            • W/O To Patio
            • Gas Fireplace
            • Size 5.18x3.66
            Dining
            • Ground Level
            • Hardwood Floor
            • O/Looks Living
            • Size 3.81x3.50
            Kitchen
            • Ground Level
            • Eat-In Kitchen
            • B/I Dishwasher
            • Size 4.72x2.60
            Breakfast
            • Ground Level
            • Ceramic Floor
            • Galley Kitchen
            • Size 2.90x2.30
            Master
            • 2nd Level
            • 4 Pc Ensuite
            • Laminate
            • Double Closet
            • Size 5.18x3.67
            2nd Br
            • 2nd Level
            • Double Closet
            • Laminate
            • Size 4.57x3.67
            3rd Br
            • 2nd Level
            • Double Closet
            • Laminate
            • Size 3.66x2.89
            Rec
            • Bsmt Level
            • Vinyl Floor
            • Size 7.00x5.17
            Basement
            • Part Fin
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            • Listing added to site: 2020-03-26 19:56:16
            • Last updated: 2020-03-27 00:13:10
            • Photos updated: 2020-03-26
            • Contract date: 0000-00-00
            • Input date: 0000-00-00
            • Expiry date: 0000-00-00
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 0000-00-00
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
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            Travel Times, Streetview, Walkscore
            Listing Overview

            General:

            51 2205 South Millway is a condo townhouse 2-storey, located in Erin Mills of city of Mississauga, Peel region, near College Way & Erin Mills, and has been available for sale on ITRealty since 2020-03-26. This unit is located at level 1 of the building and has South-East exposure of South Millway . Condo registry office is PCC, corporation number 282.

            Lot Size and Living Area:

            51 2205 South Millway has 7+2 rooms in total, including 3+0 bedroms, 3 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living areae of this condo unit is within the range of 1600-1799 square feet above the ground plus part fin basement.
            1.0 parking space(s) are owned and located private at level . This condo has an ensuite laundry. The basement is part fin. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:

            This condo is featuring Hospital, Public Transit, Rec Centre, School at, or near the property.
            AIDA has also found the following features: Modern/Renovated/Well Maintained, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            51 2205 South Millway condo townhouse is listed for $728,000. Property tax for year 2019 was $3,186. And the monthly maintenance fee was $506.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $2,732, and total expenses, including the mortgage, property tax and maintenance, fee around $3,040, assuming $728,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 51 2205 South Millway, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $3,600 if you buy this condo townhouse with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Erin Mills, where 2205 South Millway is located, has $840,507 Home Price Index, and $2,742 Home Rent Index. Average household income at dissemination area of 2205 South Millway is $82,859, and average polulation age is 59 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $852,157, and average Home Rent Index $2,616.

            Similar Properties & Community Details:

            There are similar to 51 2205 South Millway 3 bedr condo townhouse condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 2205 South Millway.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Erin Mills neighborhood in city of Mississauga.

            Schools:

            There are at least 3 school(s) located near 2205 South Millway, or schools, which boundaries this address belongs to with an average School Score 6.73 out of 10. Here are more details about these schools:
            1. Sawmill Valley Public School, Public, Elementary, ranked as Good.
            2. Erin Mills Middle School, Public, Elementary, ranked as Average.
            3. Erindale Secondary School, Public, Secondary, ranked as Excellent.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 62, 63, and 78 accordingly, location of 2205 South Millway overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.

            51 2205 South Millway Listings History Powered By AIDA
            Erin Mills, Mississauga Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Mississauga Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (29 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 6 to 7 properties like that to be sold in Erin Mills during the next 30 days.
            Seasonal sales fluctuation is showing -37% inventory decline comparing to the average annual number, which is equvalent to 10 properties sold per month, and -14% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 10 days, which is 5 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing -31% D.O.M. decrease comparing to the average annual number, which is equvalent to 21 D.O.M., and -35% decrease comparing to the last six months indicating significantly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 3.78% above its asking price in Erin Mills.
            The selling to asking price ratio is growing in Erin Mills.
            This property has been on the market for less than average number of days it takes a home to sell in Erin Mills (14.8) .
            51 2205 South Millway Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Erin Mills, Mississauga, to the City of Mississauga for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was +2.86% comparig to the City of Mississauga average of +8.405%

            Price Index 3y

            Price Index change was +3.63% comparig to the City of Mississauga average of +20.185%

            Rent Index 1y

            Rent Index change was +7.03% comparig to the City of Mississauga average of +7.05%

            Rent Index 3y

            Rent Index change was +3.63% comparig to the City of Mississauga average of +20.185%

            Walkscore

            Walkscore 62 out of 100 means Somewhat Walkable

            Transitscore

            Transitscore 63 out of 100 means Good Transit

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 6.73 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

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            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
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            Mortgage & Financing Details

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            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

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            Mortgage & Payments Summary

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

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