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              For Sale 6 Days On Site

              #47 6240 Montevideo Drive

              near Britannia And Erin Mills
              $629,900 3+0bdr • 3ba • 1kit • 1200-1399sf
              Average Income
              $85,248
              Population Age
              36 y/old
              School Score
              7.30/10
              Price Index Change 1y
              +14.79%
              Price Index Change 3y
              +12.27%
              Rent Index Change 1y
              -2.16%
              Rent Index Change 3y
              +19.45%

              Condo Townhouse • 2-Storey #47

              #47 6240 Montevideo Drive, Meadowvale, Mississauga
              • Rooms and Bathrooms 3+0 bedr, 3 bath
              • Kitchens 1
              • area 1200-1399
              • garage 1.0 Attached
              • exposure Ew
              • age n/a
              • locker Owned
              • possession

                60/90

              $629,900

              $2,601.57
              Tax yr: 2020

              $399.65/m

              CALCULATED NUMBERS:

              $2364.00

              calculator

              $2545

              4

              55 Somewhat Walkable

              61 Good Transit

              55 Bikeable

              7.30/10

              Location Details
              • Peel

              • Mississauga

              • Meadowvale

              • Britannia And Erin Mills

              • L5N2N7

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

              CITYGATE REALTY INC., BROKERAGE

              Property Overview
              Rear Find Fully Fenced Yard! Freshly Painted Beautiful Well Maintained 3 Bedroom 3 Bath Home In Well Maintained Complex Close To All Amenities, Shopping, Schools, Transportation, Hwy 401&403, Min To Go Station! Stainless Steel Appliances,
              Extras: Fridge, Stove, Washer, Dryer, All Electrical Light Fixtures
              Video tour available. Click to watch.
              Property Features
              • Park
              • Place Of Worship
              • Public Transit
              • School
              • Brick
              • Bbqs Allowed
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Seller Property Info Statement
              • Family Room
              • Cable TV Included
              • CAC Included
              Rooms details
              Living
              • Ground Level
              • Laminate
              • W/O To Yard
              • Combined W/Dining
              • Size 4.61x3.36
              Dining
              • Ground Level
              • Laminate
              • L-Shaped Room
              • Open Concept
              • Size 2.78x2.66
              Kitchen
              • Ground Level
              • Ceramic Floor
              • Stainless Steel Appl
              • B/I Dishwasher
              • Size 4.26x3.08
              Master
              • 2nd Level
              • Laminate
              • Semi Ensuite
              • W/O To Balcony
              • Size 5.26x3.39
              2nd Br
              • 2nd Level
              • Laminate
              • Window
              • Mirrored Closet
              • Size 3.99x2.86
              3rd Br
              • 2nd Level
              • Laminate
              • Window
              • Mirrored Closet
              • Size 4.27x2.98
              Rec
              • Bsmt Level
              • Laminate
              • Window
              • Open Concept
              • Size 5.79x4.56
              Laundry
              • Bsmt Level
              • Ceramic Floor
              • Size 3.10x1.82
              Basement
              • Finished
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              • Listing added to site: 2020-11-19 01:05:57
              • Last updated: 2020-11-19 02:08:16
              • Photos updated: 2020-11-19
              • Contract date: 2020-11-19
              • Input date: 2020-11-19
              • Expiry date: 2021-02-28
              • 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:

              47 6240 Montevideo Drive is a condo townhouse 2-storey, located in Meadowvale of city of Mississauga, Peel region, near Britannia And Erin Mills, and has been available for sale on CondosDirect since 2020-11-19. This unit is located at level 1 of the building and has exposure of Montevideo Dr. Condo registry office is PCC, corporation number 164.

              Lot Size and Living Area:

              47 6240 Montevideo Drive has 6+1 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 1200-1399 square feet above the ground plus finished basement.
              1.0 parking space(s) are owned and located private at level . The locker is owned. This condo has an ensuite laundry. The basement is finished.

              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 Park, Place Of Worship, Public Transit, School at, or near the property.
              AIDA has also identified the following listing features: Finished Basement, Modern/Renovated/Well Maintained.

              Price & Cost Overview

              General:

              47 6240 Montevideo Drive condo townhouse is listed for $629,900. Property tax for year 2020 was $2,602. And the monthly maintenance fee was $400.

              Comparative Market Analysis:

              There are similar 3+0 bedr condo townhouse recently sold for an average Time Adjusted Selling Price of $629,238.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,364, and total expenses, including the mortgage, property tax and maintenance, fee around $2,614, assuming $629,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 47 6240 Montevideo Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Meadowvale, where 6240 Montevideo Drive is located, has $740,349 Home Price Index, and $2,352 Home Rent Index. Average household income at dissemination area of 6240 Montevideo Drive is $85,248, and average polulation age is 36 years old.
              Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $931,053, and average Home Rent Index $2,606.

              Similar Properties & Community Details:

              There are similar to 47 6240 Montevideo Drive 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 6240 Montevideo Drive.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Meadowvale neighborhood in city of Mississauga.

              Schools:

              There are at least 3 school(s) located near 6240 Montevideo Drive, or schools, which boundaries this address belongs to with an average School Score 7.30 out of 10. Here are more details about these schools:
              1. Plowman's Park Public School, Public, Elementary, ranked as Good.
              2. Edenwood Middle School, Public, Elementary, ranked as n/a.
              3. Streetsville 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 55, 61, and 55 accordingly, location of 6240 Montevideo Drive overall can be described as Somewhat Walkable, Good Transit, and Bikeable.

              47 6240 Montevideo Drive Listings History Powered by AIDA
              Meadowvale, 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 (57 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 16 to 20 properties like that to be sold in Meadowvale during the next 30 days.
              Seasonal sales fluctuation is showing 54% inventory increase comparing to the average annual number, which is equvalent to 11.92 properties sold per month, and 26% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 6 days, which is 6 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing -14% D.O.M. decrease comparing to the average annual number, which is equvalent to 14 D.O.M., and -11% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.11% above its asking price in Meadowvale.
              The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in Meadowvale.
              This property has been on the market for less than average number of days it takes a home to sell in Meadowvale (12) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4993958 Comparative Market Analysis
              47 6240 Montevideo Drive Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Meadowvale, 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 +14.79% comparig to the City of Mississauga average of +16.6%

              Price Index 3y

              Price Index change was +12.27% comparig to the City of Mississauga average of +9.14%

              Rent Index 1y

              Rent Index change was -2.16% comparig to the City of Mississauga average of +1.835%

              Rent Index 3y

              Rent Index change was +12.27% comparig to the City of Mississauga average of +9.14%

              Walkscore

              Walkscore 55 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 61 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.30 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.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              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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