5662 Glen Erin Drive, Unit 56, Mississauga, ON

$999,900
MLS#:W9382647
2 beds
4 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on October 12, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Central Erin Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,900 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 4 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Garburator, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in the highly sought-after Daniel's Grove community, this gem of a property epitomizes upscale living at its finest. The main floor has undergone a complete transformation, boasting wide plank hardwood flooring that exudes elegance and sophistication. At the heart of the home is a brand-new kitchen, a chef's dream with top-of-the-line appliances and exquisite finishes, seamlessly blending style and functionality. The master bedroom is a true sanctuary, featuring a new fireplace that adds warmth and ambiance, while the stunning ensuite bath provides a luxurious retreat for relaxation. The spacious second bedroom, complete with its own ensuite, offers comfort and privacy for guests or family members. The beautifully finished basement provides a versatile space that can be utilized as an entertainment area, home office, or additional living quarters. With a full bathroom and the potential for a third bedroom, this lower level adds immense value and flexibility to the property. Plus, the 50 AMP EV charging station in the garage is a modern touch that reflects the home's forward-thinking design. The complex also offers residents a swimming pool and playground, perfect for relaxation and family fun. Located in a top-tier school district, steps from parks, restaurants, shopping centers, Longos, and public transit, this home is designed for convenience. Proximity to major amenities enhances its appeal, including the Streetsville GO Station, highways (401 & 403), Erin Mills Town Centre, Credit Valley Hospital, libraries, grocery stores, and walking trails. Whether enjoying the nearby soccer fields or taking advantage of Erin Mills' shopping and dining options, this home offers the ultimate balance of luxury and location.

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Property Summary

This townhouse located at 5662 Glen Erin Drive, Mississauga is currently for sale and has been available on SousaSells for 650 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 2 beds, 4 bathrooms, and is 1400-1599 square feet. 5662 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

Bedrooms
2
Bathrooms
4
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 12, 2024
Sold price information is available to members only
Listed Date10/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished
CountyPeel
Annual Tax$4,666.98

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Library, Park, Place Of Worship, Public Transit, School

Interior Features

Garburator, Built-In Oven

Security Features

Community Features

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Location

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5662 Glen Erin Drive, Unit 56, 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 5662 Glen Erin Drive 100, Mississauga, ON L5M 6C4

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$299,970 (30.0%)
* Minimum Canadian down payment required for this price is $74,990.
Amortization Period30 Years
Estimated Monthly Payment$3,328Based on a loan of $699,930 over 30 years.
Purchase Price$999,900
Loan Amount$699,930
Provincial Land Transfer Tax:$16,473
Total Estimated Closing Taxes:$16,473

About Purchasing a Home in Mississauga, ON

For a property listed at $999,900 in Mississauga, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Erin Mills, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,015,129

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

St Timothy
PublicStreetsville, Mississauga, Ontario, L5M 1X9
8.8
St Rose of Lima
Public4590 The Gallops, Central Erin Mills, Mississauga, Ontario, L5M 3A9
9.7
Divine Mercy
Public2840 Duncairn Drive, Central Erin Mills, Mississauga, Ontario, L5M 5C6
6.6
St Joseph
Public5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
6.0
St Herbert
Public5180 Fallingbrook Drive, Mississauga, Ontario, L5V 2C6
6.3

Secondary Schools

Streetsville SS
PublicStreetsville, Mississauga, Ontario, L5M 1L4
7.9
St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2
St. Aloysius Gonzaga
Catholic2800 Erin Centre Boulevard, Central Erin Mills, Mississauga, Ontario, L5M 6R5
7.7

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.