6500 Montevideo Road, Unit 7, Mississauga, ON

$574,999
MLS#:W9034236
2 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Meadowvale. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $574,999 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 1000-1199 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient fan coil heating via gas

Description

Spacious and sun-filled 2-bedroom 2-bathroom condo in the beautifully maintained and well-managed Parkview Residence! Gorgeous open kitchen with island that provides a functional and inviting living space! Sunken living room with walk-out to sizeable balcony! Hardwood floors throughout! Large walk-in pantry! Primary bedroom boasts walk-in closet and 2-piece ensuite! High-speed internet and cable included in maintenance fees! 2 parking spaces! Enjoy the best of both worlds -- being nestled next to Lake Aquitaine with its many beautiful parks and trails while also being just steps from public transit, shopping, community center & more!

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Property Summary

This condo apartment located at 6500 Montevideo Road, Mississauga is currently for sale and has been available on SousaSells for 735 days. This property is listed at $574,999 with an estimated mortgage of $1,914* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 6500 Montevideo Road, Mississauga is in the Meadowvale 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
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 20, 2024
Sold price information is available to members only
Listed Date7/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyPeel
Annual Tax$2,803.2

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Lake/Pond, Library, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Carpet Free

Security Features

Community Features

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Location

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6500 Montevideo Road, Unit 7, 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 6500 Montevideo Road 407, Mississauga, ON L5N 3T6

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$172,500 (30.0%)
* Minimum Canadian down payment required for this price is $32,500.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,499 over 30 years.
Purchase Price$574,999
Loan Amount$402,499
Provincial Land Transfer Tax:$7,975
Total Estimated Closing Taxes:$7,975

About Purchasing a Home in Mississauga, ON

For a property listed at $574,999 in Mississauga, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$935,959

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

Shelter Bay
Public6735 Shelter Bay Road, Meadowvale, Mississauga, Ontario, L5N 2C5
6.1
St John of the Cross
Public3180 Aquitaine Avenue, Meadowvale, Mississauga, Ontario, L5N 3S5
9.5
Plowman's Park
Public5940 Montevideo Road, Meadowvale, Mississauga, Ontario, L5N 3J5
4.6
St Teresa of Avila
Public6675 Montevideo Road, Meadowvale, Mississauga, Ontario, L5N 4E8
6.9
Settler's Green
Public5800 Montevideo Road, Meadowvale, Mississauga, Ontario, L5N 2S1
5.7

Secondary Schools

Meadowvale SS
PublicMeadowvale, Mississauga, Ontario
6.1
Our Lady of Mount Carmel
Public3700 Trelawny Circle, Lisgar, Mississauga, Ontario, L5N 5J7
6.9

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.