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$579K · 1 bed Common Element Condo · Hurontario, Mississauga | MyPropertyScout

$579,000

Unit 502

11Vacant

Map

$579,000

F●●●○○

Unit 502

3525 Kariya Drive · Mississauga · Ontario L5B 0C2

MLS® W13064592 · Hurontario · L5B 0C2

11Vacant700-799 ft²Common Element Condo1-car Underground$773/ft²$3,474 tax/yr

11% above market

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

About this home

RARE FIND, LIMITED UNITS IN THE BUILDING. Huge Wrap Around Terrace!! This Corner Unit With Floor To Ceiling Windows Is 700 Sq Ft Of Excellent Layout. An Excellent Opportunity For Investors Or End-Users. This High Income Generating Unit Is Ideally Located In The Heart Of Mississauga's City Centre. Featuring A Functional Open-Concept Layout. This Well-Appointed Unit Offers Generous Living And Dining Space With Large Floor-To-Ceiling Windows Providing Abundant Natural Light. New Flooring And Fresh…

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Property details

MLS#: W13064592
Status: Buy Now
Beds: 1
Baths: 1 full, 0 half
Size: 700-799
Style: Multi-Level
Type: Common Element Condo
Year built: —

Condo corp #: 889
Balcony: Terrace
Locker: Owned
Fees include: Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Hurontario & Kariya Dr
Basement: None
Stories: 5
Utilities: —
Laundry: In-Suite Laundry
Interior: Other
Parking features: Underground

Rooms

Level	Room	Dimensions
Main	Kitchen	3.59m × 3.05m
Main	Dining Room	3.35m × 6.05m
Main	Primary Bedroom	3.07m × 4.41m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX COMMUNITY REALTY INC.

Source: TRREB/PROPTX · MLS® W13064592

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$579K

Unit 502 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $579,000✓ $3,474 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,108/mo

incl. closing costs (yr 1)

Annual total

$61,298

year 1

Mortgage only

$2,197/mo

principal + interest

Beyond mortgage

$1,782/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$115,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$290/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$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%$5,790/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)$48/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,055

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $26,359/yr

Property taxes19% $11,529/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,790/yr

Condo fees11% $6,960/yr

Closing costs8% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,359	$2,197/mo
Government & taxes
Property tax	$3,474	$290/mo
Land transfer tax(closing)	$8,055	$671/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,790	$483/mo
Condo fees
Condo / HOA fees	$6,960	$580/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	$61,298	$5,108/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 502

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs