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              For Sale 4 Days On Site

              #21 7385 Magistrate Terrace

              near Mavis And Mclaughlin
              $749,900 3+0bdr • 3ba • 1kit • 1600-1799sf
              Average Income
              $93,440
              Population Age
              34 y/old
              School Score
              7.70/10
              Price Index Change 1y
              +12.30%
              Price Index Change 3y
              +3.24%
              Rent Index Change 1y
              +3.99%
              Rent Index Change 3y
              +22.99%

              Condo Townhouse • 2-Storey #21

              #21 7385 Magistrate Terrace, Meadowvale Village, Mississauga
              • Rooms and Bathrooms 3+0 bedr, 3 bath
              • Kitchens 1
              • area 1600-1799
              • garage 1.0 Built-In
              • exposure S
              • age n/a
              • locker None
              • possession

                30 Days/Tba

              $749,900

              $3,686.16
              Tax yr: 2020

              $302.25/m

              CALCULATED NUMBERS:

              $2814.00

              calculator

              $1950

              2

              38 Car-Dependent

              50 Good Transit

              59 Bikeable

              7.70/10

              Location Details
              • Peel

              • Mississauga

              • Meadowvale Village

              • Mavis And Mclaughlin

              • L5W1W8

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

              OAKWOOD REALTY CORPORATION, BROKERAGE

              Property Overview
              Spotless Family Sized Home Located In A Quiet Development Backing Onto A Private Treed Area! Hardwood Floors, Hardwood Main Staircase With Stained Railing, Open Concept Main Floor, 9 Foot Ceilings On Main Floor, Finished Basement With Rough In 3 Pce Bathroom, Private Drive And Garage, Second Floor Laundry Room, Access From Garage To Main Floor. Truly Move In Ready!
              Extras: Electric Light Fixtures, Brand New And Never Used Fridge, Stove, Dishwasher, Washing Machine And Hood Fan. Gas Furnace And Related Equipment, Central Air, Hardwood Floor Where Laid, Laminate Floors Where Laid, Pot Lights And Much More!
              Video tour available. Click to watch.
              Property Features
              • Ravine
              • Brick
              • Common Elements Included
              • Ensuite Laundry
              • Parking Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Seller Property Info Statement
              • Water Included
              • Family Room
              • Cable TV Included
              • CAC Included
              Rooms details
              Kitchen
              • Main Level
              • Breakfast Bar
              • Ceramic Back Splash
              • Ceramic Floor
              • Size 3.04x3.04
              Dining
              • Main Level
              • Hardwood Floor
              • Size 3.04x2.74
              Great Rm
              • Main Level
              • Hardwood Floor
              • W/O To Patio
              • Size 6.09x3.65
              Master
              • 2nd Level
              • Hardwood Floor
              • 3 Pc Ensuite
              • His/Hers Closets
              • Size 4.26x5.18
              2nd Br
              • 2nd Level
              • Hardwood Floor
              • Closet
              • Size 3.23x4.87
              3rd Br
              • 2nd Level
              • Hardwood Floor
              • Closet
              • Size 2.74x4.87
              Family
              • Bsmt Level
              • Laminate
              • L-Shaped Room
              • Pot Lights
              • Size 5.91x11.27
              Basement
              • Finished
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              • Listing added to site: 2020-09-16 07:05:46
              • Last updated: 2020-09-16 07:09:33
              • Photos updated: 2020-09-16
              • Contract date: 2020-09-16
              • Input date: 2020-09-16
              • Expiry date: 2020-12-31
              • 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:

              21 7385 Magistrate Terrace is a condo townhouse 2-storey, located in Meadowvale Village of city of Mississauga, Peel region, near Mavis And Mclaughlin, and has been available for sale on CondosDirect since 2020-09-16. This unit is located at level 1 of the building and has South exposure of Magistrate Terr. Condo registry office is PCP, corporation number 689.

              Lot Size and Living Area:

              21 7385 Magistrate Terrace has 6+0 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 finished basement.
              1.0 parking space(s) are exclusive and located private at level . An ensuite laundry is available at the unit. 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 Ravine at, or near the property.
              AIDA has also found the following features: Finished Basement, Modern/Renovated/Well Maintained, Open Concept, Move In Condition, AIDA Recommended, and possible sellers motivation indicators such as Flexible Possession.

              Price & Cost Overview

              General:

              21 7385 Magistrate Terrace condo townhouse is listed for $749,900. Property tax for year 2020 was $3,686. And the monthly maintenance fee was $302.

              Comparative Market Analysis:

              There are similar 3+0 bedr condo townhouse recently sold for an average Time Adjusted Selling Price of $764,693.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,814, and total expenses, including the mortgage, property tax and maintenance, fee around $3,146, assuming $749,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 21 7385 Magistrate Terrace, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Meadowvale Village, where 7385 Magistrate Terrace is located, has $949,573 Home Price Index, and $2,450 Home Rent Index. Average household income at dissemination area of 7385 Magistrate Terrace is $93,440, and average polulation age is 34 years old.
              Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $911,444, and average Home Rent Index $2,614.

              Similar Properties & Community Details:

              There are similar to 21 7385 Magistrate Terrace 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 7385 Magistrate Terrace.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Meadowvale Village neighborhood in city of Mississauga.

              Schools:

              There are at least 3 school(s) located near 7385 Magistrate Terrace, or schools, which boundaries this address belongs to with an average School Score 7.70 out of 10. Here are more details about these schools:
              1. Derry West Village Public School, Public, Elementary, ranked as Good.
              2. David Leeder Middle School, Public, Elementary, ranked as Excellent.
              3. Mississauga 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 38, 50, and 59 accordingly, location of 7385 Magistrate Terrace overall can be described as Car-Dependent, Good Transit, and Bikeable.

              21 7385 Magistrate Terrace Listings History Powered by AIDA
              Meadowvale Village, 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 (70 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 4 to 5 properties like that to be sold in Meadowvale Village during the next 30 days.
              Seasonal sales fluctuation is showing 33% inventory increase comparing to the average annual number, which is equvalent to 3.5 properties sold per month, and 40% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 4 days, which is 12 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 6% D.O.M. increase comparing to the average annual number, which is equvalent to 14 D.O.M., and -8% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price it can be sold?
              Similar properties currently sell very close to its asking price in Meadowvale Village.
              The selling to asking price ratio is growing in Meadowvale Village.
              This property has been on the market for less than average number of days it takes a home to sell in Meadowvale Village (15.7) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4914170 Comparative Market Analysis
              21 7385 Magistrate Terrace 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 Village, 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 +12.30% comparig to the City of Mississauga average of +15.5%

              Price Index 3y

              Price Index change was +3.24% comparig to the City of Mississauga average of +12.755%

              Rent Index 1y

              Rent Index change was +3.99% comparig to the City of Mississauga average of +2.735%

              Rent Index 3y

              Rent Index change was +3.24% comparig to the City of Mississauga average of +12.755%

              Walkscore

              Walkscore 38 out of 100 means Car-Dependent

              Transitscore

              Transitscore 50 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.70 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

              $9,500 Cashback
              $635,000
              3br 3ba 1200-1399sf

              Prop Tax

              $2,811

              Condo Fee

              $330

              Exposure

              Ns

              Mortg/m

              $ calculator

              WalkScore

              68

              Compare$686,358

              $10,000 Cashback
              $668,000
              3+1br 3ba 1200-1399sf

              Prop Tax

              $3,112

              Condo Fee

              $294

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              50

              Compare n/a

              $9,400 Cashback
              $629,900
              3br 3ba 1200-1399sf

              Prop Tax

              $2,931

              Condo Fee

              $385

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              43

              Compare$695,428

              $10,500 Cashback
              $699,000
              3+2br 3ba 1600-1799sf

              Prop Tax

              $3,301

              Condo Fee

              $532

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              55

              Compare n/a

              $9,700 Cashback
              $649,000
              3br 2ba 1200-1399sf

              Prop Tax

              $2,771

              Condo Fee

              $372

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              65

              Compare n/a

              $11,400 Cashback
              $759,900
              3br 3ba 1400-1599sf

              Prop Tax

              $3,623

              Condo Fee

              $279

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              35

              Compare n/a

              $11,200 Cashback
              $749,000
              3br 4ba 1600-1799sf

              Prop Tax

              $4,190

              Condo Fee

              $241

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              39

              Compare n/a

              Price +$30000
              $699,900
              3+1br 2ba 1000-1199sf

              Prop Tax

              $3,151

              Condo Fee

              $710

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              62

              Compare$718,079

              $9,400 Cashback
              $624,999
              3br 2ba 1000-1199sf

              Prop Tax

              $2,483

              Condo Fee

              $377

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              19

              Compare$586,488

              $9,400 Cashback
              $625,000
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              Prop Tax

              $2,405

              Condo Fee

              $443

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              18

              Compare$615,014

              Sold Cnd
              $629,000
              3+1br 2ba 1400-1599sf

              Prop Tax

              $2,625

              Condo Fee

              $302

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              54

              Compare n/a

              $10,500 Cashback
              $699,000
              3br 2ba 1200-1399sf

              Prop Tax

              $3,100

              Condo Fee

              $365

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              48

              Compare$594,350