1000 Cedarglen Gate 619, Mississauga, ON L5C 3Z5, Mississauga, ON

1000 Cedarglen Gate 619, Mississauga, ON L5C 3Z5, Mississauga, ON photo 2

1000 Cedarglen Gate 619, Mississauga, ON L5C 3Z5, Mississauga, ON photo 3

1000 Cedarglen Gate 619, Mississauga, ON L5C 3Z5, Mississauga, ON photo 4

1000 Cedarglen Gate 619, Mississauga, ON L5C 3Z5, Mississauga, ON photo 5

+7 photos

$514,900

1000 Cedarglen Gate 619, Mississauga, ON L5C 3Z5, Mississauga, ON

Mississauga, ON L5C 3Z5

2 beds 2 baths Condo Apartment

About this home

SELLER BONUS ON CLOSING: 12 MONTHS MAINTENANCE FEES PAID ON A MUTUALLY APPROVED DEAL. We know that investing in real estate can be expensive; however, we have a solution--How does 1 year of MAINTENANCE FEES sound? On a mutually accepted agreement, our client will pay up to 1 year of equivalent maintenance fees credited to the Buyer on closing. As an end-user buyer, this extra cash will help in so many ways. If you are an investor looking for a highly rentable unit in Mississauga, this rebate allows you to "cash flow" this property over 6years. This building and unit is a highly desirable and affordable south-facing and renovated 2-bedroom suite located in the Cedarglen Gate Community. Enjoy all the benefits of a turnkey home or purchase as an investment in this highly rentable area (U of T medical school is nearby). Fully unobstructed with amazing park views from every window and balcony this 2 bedroom, 2 bathroom suite has the following amazingfeatures: renovated open concept living/dining and kitchen area, centre island overlooking the living room, stone counters with stainless steelappliances, wood burning fireplace, updated laminate floors, 2 balconies, updated (last 2 years) hvac units, all new trim and paint, updated lightfixtures and window coverings. Centrally located near Dundas and Mavis, this complex has everything at your doorstep - parks with walking trails, nearby shopping, excellent transit options, and great schools.

Property Score

65/ 100

Overall Property Score

good

A blend of both buyer and investor metrics.

Score breakdown

Walkability

65/100good

Score based on neighborhood density, downtown proximity, and walkable amenities.

Transit Access

78/100great

GO Transit, LRT, and bus access from this neighborhood.

Schools

75/100great

Based on local school rankings (Fraser Institute proxy).

Affordability

47% of city avgexcellent

Priced below Mississauga's average of $1,085,000.

Appreciation Trend

+2.4%/yrgreat

Mississauga has seen +2.4% YoY price change.

Monthly Cash Flow

-$1,173/mopoor

Estimated -$1,173/mo at 20% down, 5% rate, 25-yr amortization.

Cap Rate

2.88%fair

Net operating income divided by purchase price.

Basement Suite Potential

Not viablepoor

This property type typically can't add a basement suite.

Move-In Ready

Avggreat

Estimate. Use the listing description and photos to assess actual condition.

MLS^® # W13040184

Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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