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$510K · 1+1 bed Condo Apartment · City Centre, Mississauga | MyPropertyScout

$509,900

Unit 401

1+11OwnerOccupied

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⚡ Insider Deal

↓ $20,000Price Reduced

$509,900

C●●●○○DOM86days

Unit 401

Grand Park 2 · 3975 Grand Park Drive · Mississauga · Ontario L5B 0K4

MLS® W12938652 · City Centre · L5B 0K4

1+11OwnerOccupied600-699 ft²Condo Apartment1-car Underground86d$785/ft²$2,998 tax/yrBuilt 20188 yrs old

2% above market · 86 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to this beautifully maintained 1-bedroom plus den condo in the heart of Mississauga, offering a functional and spacious layout. The large den is a huge feature, providing extremely convenient additional space for a home office, guest area, or extended living. The full kitchen features a breakfast bar, ample counter space, and plenty of cabinetry, complete with a built-in microwave, dishwasher, fridge, and stove. The bright living area opens to a spacious private balcony through sliding g…

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Property details

MLS#: W12938652
Status: Buy Now
Beds: 1+1
Baths: 1 full, 0 half
Size: 600-699
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Building name: Grand Park 2
Condo corp #: 1028
Balcony: Open
Locker: Owned
Fees include: Common Elements Included, Water Included, CAC Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Fan Coil
Heating fuel: Other
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Burnhamthorpe Rd W
Basement: None
Stories: 4
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: —

Rooms

Level	Room	Dimensions
Main	Kitchen	2.46m × 2.46m
Main	Living Room	3.04m × 5.69m
Main	Bedroom	3.07m × 3.07m
Main	Den	2.16m × 3.47m
Main	Bathroom	1.39m × 2.3m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: EXP REALTY

Source: TRREB/PROPTX · MLS® W12938652

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$510K

Unit 401 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $509,900✓ $2,998 tax✓ Other✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,617/mo

incl. closing costs (yr 1)

Annual total

$55,405

year 1

Mortgage only

$1,934/mo

principal + interest

Beyond mortgage

$1,668/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$101,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$250/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo · assumes gas heat

Other$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,099/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$47/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,673

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $23,213/yr

Property taxes17% $9,671/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,099/yr

Condo fees12% $6,762/yr

Closing costs9% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,213	$1,934/mo
Government & taxes
Property tax	$2,998	$250/mo
Land transfer tax(closing)	$6,673	$556/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,099	$425/mo
Condo fees
Condo / HOA fees	$6,762	$564/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$55,405	$4,617/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 401

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs