4850 Glen Erin Drive, Unit 7, Mississauga, ON
Property no longer active
This property was sold on July 22, 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 Central Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $639,000 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 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to your dream condo in Mississauga's prestigious Papillon Palace! This sun-soaked, south-facing 2-bedroomunit offers stunning park views and boasts a modern, open-concept layout. Enjoy seamless flow from the stylish kitchen through to the dining area and spacious living room, which opens onto a charming balcony perfect for relaxing. The primary bedroom features a generous walk-in closet, while the elegant 4-piece bathroom and convenient ensuite laundry add to the comfort. Additional storage is provided by a coat closet near the entrance. The unit also includes a parking spot and a locker. Papillon Palace offers top-notch amenities: an indoor pool, sauna, two party rooms, a games/billiard area, an outdoor deck/BBQ area, and a gym. Located a short distance away from Erin Mills Town Centre and close to all amenities like grocery stores, pharmacy, restaurants and more! Don't miss out on this vibrant and luxurious living experience!
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Property Summary
This condo apartment located at 4850 Glen Erin Drive, Mississauga is currently for sale and has been available on SousaSells for 730 days. This property is listed at $639,000 with an estimated mortgage of $2,127* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 4850 Glen Erin Drive, Mississauga is in the Central Erin Mills neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 4850 Glen Erin Drive 907, Mississauga, ON L5M 7S1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $639,000 in Mississauga, the legal minimum down payment is $38,900 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 $9,255 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 $9,255.
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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.