7405 Goreway Dr 507

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7405 Goreway Dr 507, Mississauga
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W4041146
MLSID
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Property Description
Attention First Time Home Buyers And Investors! Beautiful 2 Br+Den Unit W/Large Living/Dining Area, Walkout Balcony Kitchen W/Granite Counter-Tops And Breakfast Area. Open Concept Layout. One Of The Bigger Units In The Building, W. Oversized Master W/Ensuite. Steps To Malton Community Center, Schools, Westwood Square, Public Transit Airport And Hwys. Currently Tenanted. Tenant Willing To Stay Or Vacate. Motivated Sellers!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-07-26 2021-09-10 46 $559,900 $550,000 Sold
2019-10-30 2019-11-18 19 $435,000 $430,000 Sold
Extras
Fridge, Stove Dishwsher, Clothes Washer Amd Dryer Hood Microwave With All Electirc Light Fixutes.
Property Features
Library, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
900-1099
Taxes
$2,010 (2017)
Basement
None
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat12.14' x 13.78'Laminate, Combined W/Dining, W/O To Balcony
DiningFlat6.99' x 12.01'Laminate, Combined W/Living
KitchenFlat9.25' x 14.50'Ceramic Floor, Breakfast Area, Granite Counter
MasterFlat10.17' x 16.70'Laminate, 4 Pc Ensuite, Closet
2nd BrFlat10.17' x 12.24'Laminate, Closet
DenFlat7.05' x 8.53'Laminate
Mississauga Market Statistics
Mississauga Price Trend
7405 Goreway Dr 507 is a 2-bedroom 2-bathroom condo listed for sale at $359,900, which is $280,474 (43.8%) lower than the average sold price of $640,374 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Mississauga declined by $11,677 (1.8%) compared to the previous 30 day period (February 25 - March 25) and down $12,246 (1.9%) from the same time one year ago.
Inventory Change
There were 235 2-bedroom condos listed in Mississauga over the last 30 days (March 26 - April 24), which is up 14.1% compared with the previous 30 day period (February 25 - March 25) and up 44.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Mississauga typically sold ($12,870) (2.0%) below asking price over the last 30 days (March 26 - April 24), which represents a $470 decrease compared to the previous 30 day period (February 25 - March 25) and ($12,578) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Mississauga over the last 30 days (March 26 - April 24) stood at 66.0%, up from 47.6% over the previous 30 days (February 25 - March 25) and down from 84.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Mississauga stood at 33 days when successfully sold over the last 30 days (March 26 - April 24), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Green Realty Inc., Brokerage
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