4185 Shipp Drive, Mississauga, ON

$499,000
MLS#:W8416506
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on July 3, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of City Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 4185 Shipp Drive, a stunning condo apartment nestled in the heart of Mississauga. This corner unit offers a breathtaking view with a southwest exposure that bathes the home in warm, natural light. As you step into this 2-bedroom, 2-bathroom home, you are greeted by a spacious, combined living and dining area. This open-concept space is perfect for entertaining guests or enjoying a quiet evening at home. The room is freshly painted in soothing tones, creating a serene and inviting atmosphere. The kitchen is a chef's dream, recently updated with quartz countertops that add a touch of elegance and sophistication. The modern design with breakfast bar, is both functional and stylish, providing ample space for meal preparation and storage. The bedrooms are spacious and well-lit, offering a peaceful retreat at the end of the day. The bathrooms are equally impressive, boasting modern fixtures and finishes. One of the standout features of this condo is the beautiful view. Imagine watching the city's Square One fireworks from the comfort of your living room, a spectacle of color and light that will leave you in awe. The building itself is undergoing a refresh, with new flooring and wall coverings in some common areas. This not only enhances the aesthetic appeal of the building but also adds to the overall value of your investment. The condo comes with a covered parking spot, ensuring your vehicle is protected from the elements. All utilities are included in the maintenance fee, providing you with peace of mind and convenience. The building's amenities are designed to enhance your lifestyle. Stay active in the indoor pool or gym, enjoy playing tennis or a game in the games room, or host a gathering in the party/meeting room. The concierge service adds an extra layer of convenience, while the visitor parking ensures your guests always have a place to park.

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Property Summary

This condo apartment located at 4185 Shipp Drive, Mississauga is currently for sale and has been available on SousaSells for 770 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 4185 Shipp Drive, Mississauga is in the City Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 3, 2024
Sold price information is available to members only
Listed Date6/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyPeel
Annual Tax$1,980

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Public Transit

Interior Features

None

Security Features

Community Features

Location

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4185 Shipp Drive, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 4185 Shipp Drive 1719, Mississauga, ON L4Z 2Y8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Mississauga, ON

For a property listed at $499,000 in Mississauga, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for City Centre, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$590,970

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

Bishop Scalabrini
Public225 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3J5
6.4
Elm Drive
Public100 Walford Court, Fairview, Mississauga, Ontario, L5B 1T8
4.9
Corpus Christi
Public4155 Elora Drive, Creditview, Mississauga, Ontario, L5B 3N4
6.4
St Philip
Public345 Fairview Road West, Fairview, Mississauga, Ontario, L5B 3W5
7.2
Sts Peter & Paul
Public4205 Woodington Drive, Rathwood, Mississauga, Ontario, L4Z 1K2
6.9

Secondary Schools

Father Michael Goetz
Public330 Central Parkway West, Fairview, Mississauga, Ontario, L5B 3K6
4.0
Iona SS
Public1585, Mississauga Valleys, Mississauga, Ontario, L5A 3W9
6.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.