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            Comparative Market Analysis for MLS# W4914907

            $7,300 Cashback
            2br 2ba 900-999sf

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            Property Details Provided By Toronto Real Estate Board
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            Learn more about this property:
            MLS# W4914907 Listing Details
            Among all comparable properties sold in condo located at 4205 Shipp Drive in City Centre in Mississauga from Jan 2017 to Sep 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:


            Maximum Price Adjusted was:


            AIDA's ESTIMATE (based on 21 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:


            Which makes the Asking Price ($489,888) more than AIDA's Appraised Value by:


            Or, in percentage equivalent, by:


            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.


            AIDA found 21 comparable properties sold in condo located at 4205 Shipp Drive in City Centre in Mississauga from Jan 2017 to Sep 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesMaintTaxSold PriceTime Adj %Time Adj Price
            2017-01-13***6184185 Shipp DrW900-9992+0 • 21.0$756$1,740$276,00050.7%***
            2017-02-15***23024205 Shipp DrSw900-9992+0 • 21.0$756$1,801$340,10046.17%***
            2017-02-21***15024205 Shipp DrE900-9992+0 • 21.0$756$1,783$376,50046.17%***
            2017-04-14***18054205 Shipp DrN900-9992+0 • 21.0$747$1,722$350,00037.38%***
            2017-05-30***5054205 Shipp DrN900-9992+0 • 21.0$747$1,737$341,00030.79%***
            2017-10-18***Ph24205 Shipp DrNw900-9992+0 • 21.0$783$1,943$347,00033.71%***
            2017-11-14***21184185 Shipp DrS900-9992+0 • 21.0$783$1,743$400,00034.36%***
            2017-12-07***14094205 Shipp DrSw900-9992+0 • 21.0$783$1,749$339,00033.99%***
            2018-02-20***10194185 Shipp DrSw900-9992+0 • 21.0$783$1,733$335,00031.67%***
            2018-03-22***23054205 Shipp DrN900-9992+0 • 21.0$773$1,745$345,00029.43%***
            2018-04-19***17194185 Shipp DrSw900-9992+0 • 21.0$783$1,739$344,00026.66%***
            2018-05-15***25094205 Shipp DrSw900-9992+0 • 21.0$783$1,782$365,00025.86%***
            2018-06-22***23064205 Shipp DrE900-9992+0 • 21.0$799$1,799$335,00023.23%***
            2018-07-26***16034205 Shipp DrNw900-9992+0 • 21.0$799$1,899$330,00022.73%***
            2018-10-03***21134185 Shipp DrNe900-9992+0 • 21.0$799$1,758$380,00023.55%***
            2018-11-05***2174185 Shipp DrE900-9992+0 • 21.0$788$1,713$376,50023.55%***
            2018-12-06***22024205 Shipp DrNw900-9992+0 • 21.0$799$1,787$359,00022.77%***
            2018-12-20***27024205 Shipp DrNw900-9992+0 • 21.0$799$1,807$367,50022.77%***
            2019-01-11***17134185 Shipp DrNe900-9992+0 • 21.0$799$1,742$382,00021.47%***
            2019-01-21***11164185 Shipp DrSe900-9992+0 • 21.0$799$1,713$350,00021.47%***
            2019-03-20***9024205 Shipp DrEw900-9992+0 • 21.0$799$1,746$355,00016.97%***

            City Centre, Mississauga Sales History More

            City Centre, Mississauga: Overall Sales Statistics for Condos
            Powered by AIDA © (
            Neighborhood Sales Statistics
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            Neighborhood Rent Statistics
            City Centre, Mississauga: Detailed Sales & Rent Statistics for Condos
            Listing Overview


            1101 4205 Shipp Drive is a condo apt apartment, located in City Centre of city of Mississauga, Peel region, near Hurontario/Hwy 10/Rathburn, and has been available for sale on ITRealty since 2020-09-16. This unit is located at level 11 of the building and has South-West exposure of Shipp Dr. Condo registry office is PCC, corporation number 341.

            Lot Size and Living Area:

            1101 4205 Shipp Drive has 6+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 900-999 square feet.
            1.0 parking space(s) are exclusive and located undergrnd at level . The locker is ensuite. This condo has an ensuite laundry.

            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 Clear View, Park, Public Transit, School at, or near the property.
            AIDA has also found the following possible sellers motivation indicators: Flexible Possession.

            Price & Cost Overview


            1101 4205 Shipp Drive condo apt is listed for $489,888. Property tax for year 2020 was $1,800. And the monthly maintenance fee was $823.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $456,135.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $1,838, and total expenses, including the mortgage, property tax and maintenance, fee around $2,057, assuming $489,888 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1101 4205 Shipp Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $7,300 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview


            City Centre, where 4205 Shipp Drive is located, has $533,281 Home Price Index, and $2,295 Home Rent Index. Average household income at dissemination area of 4205 Shipp Drive is $64,768, and average polulation age is 39 years old.
            Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $913,454, and average Home Rent Index $2,614.

            Similar Properties & Community Details:

            There are similar to 1101 4205 Shipp Drive 2 bedr condo apt condos listed For Sale and For Rent in city of Mississauga.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 4205 Shipp Drive.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at City Centre neighborhood in city of Mississauga.

            Walkscore, and Bikescore:

            With Walkscore, and Bikescore of 70, and 42 accordingly, location of 4205 Shipp Drive overall can be described as Somewhat Walkable, and Somewhat Bikeable.

            1101 4205 Shipp Drive Listings History Powered By AIDA
            City Centre, Mississauga Sales & Rent History Powered by AIDA

            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 (71 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 50 to 61 properties like that to be sold in City Centre during the next 30 days.
            Seasonal sales fluctuation is showing 9% inventory increase comparing to the average annual number, which is equvalent to 50.5 properties sold per month, and 21% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 10 days, which is 8 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 17% D.O.M. increase comparing to the average annual number, which is equvalent to 15 D.O.M., and 11% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell very close to its asking price in City Centre.
            The selling to asking price ratio is declining in City Centre.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4914907 Comparative Market Analysis

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