Sold
$535,000
2bed|2bath|600-699sqft
1 parking|0 locker
Unit 308
3401 Ridgeway Drive 308, Mississauga, ON L5L 5T3
Residential Condo & Other|$214 fees|$2882 tax
MLS #W9244310
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Unit 314 at The Way Condos
Sold3401 Ridgeway Drive E 314, Mississauga, ON L5L 0B9
MLS #W12300391
$440,000
Sold on August 24, 2025
August 24, 2025
Originally listed at $468,000 6 days on market
About This Property
One year New 1-Bedroom + 4 pc Bath + 1 parking low rise Condo Near UTM & South Common Mall. This stunning 1-bedroom, 1-bathroomunit with a southwest-facing unobstructive view. This modern unit features: Full-sized kitchen with quartz countertops, stainless steel appliances, and a subway tile backsplash; Open-concept living area with plenty of natural light; 4-piece bathroom and Full sized washer and dryer. A well-managed, low-rise 4-storey building. Easy access to: South Common Mall, Erin Mills Town Centre, and local shopping; University of Toronto Mississauga & Sheridan College; New popular Ridgeway Plaza for various food choices and Friend gathering; Public transit; Winston Churchill GO; Hwy 403/407/QEW; Credit Valley Hospital; Walking/hiking trails, community centers, Lifetime Fitness. Nearby conveniences include Costco, Best Buy, Home Depot, and Canadian Tire. A quiet, well-connected neighborhood with affordable price to start to own don't miss out!
Investment Analysis
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($169/mo) and property tax ($2,849/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$1,170/sqftErin Mills
$564/sqft+107.4%
Mississauga
$538/sqft
Fair Market Price
Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 400 sqft.
Property Details
Bedrooms
1
Bathrooms
1
Square Feet
0-499 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1160
MLS Size0-499
Listed OnJul 21, 2025
Maintenance Fees$169/month
Property Tax$2,849/year
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Main) | 6.22 x 3.7 | 20.4 x 12.1 | - |
| Dining Room(Main) | 6.22 x 3.7 | 20.4 x 12.1 | - |
| Kitchen(Main) | 6.22 x 3.7 | 20.4 x 12.1 | - |
| Primary Bedroom(Main) | 3.38 x 2.41 | 11.1 x 7.9 | - |
Room Dimensions Available
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Unit 314 History
Complete transaction history for this unit
2 More Transactions Available
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Price History
Original List Price
$468,000
Listed on Jul 21, 2025
Sold Price
$440,000
Sold on Aug 24, 2025
-$28,000
-6.0%
6 days on market
Price History Available
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Available For Sale in This Building
Available For Sale in This Building
1 / ...
For Sale
$479,000
Unit 416
MLS# W132437403401 Ridgeway Drive 416, Mississauga, ON L5L 5T3
1bed|1bath|0-499sqft
1parking|0locker
Residential Condo & Other|$441 fees|$3174 tax
84 days on market
1 / ...
For Sale
$560,000
Unit 202
MLS# W128945763401 Ridgeway Drive 202, Mississauga, ON L5L 0B9
0bed|0bath|-sqft
0parking|0locker
Commercial|$1 tax
162 days on market
1 / ...
For Sale
$1,149,000
Unit 153
MLS# W134573863401 Ridgeway Drive 153, Mississauga, ON L5L 0B9
0bed|0bath|-sqft
0parking|0locker
Commercial|$912 tax
71 days on market
1 / ...
For Sale
$1,250,000
Unit N/A
MLS# W127067103401 Ridgeway Drive, Mississauga, ON L5L 0B9
0bed|0bath|-sqft
0parking|0locker
Commercial|$14 tax
223 days on market
OQ
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OVAIS QASSIM
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Building Information
Building NameThe Way Condos
Address3401 Ridgeway Drive, Mississauga
Parking TypeUnderground
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About Unit 314 at The Way Condos
Unit 314 is a residential condo & other with 1 bedroom, 1 bathroom spanning approximately 0-499 square feet located at The Way Condos, 3401 Ridgeway Drive, Mississauga. This unit is currently sold (sold for $440K).
About The Way Condos
The Way Condos is located at 3401 Ridgeway Drive, Mississauga. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Erin Mills Neighbourhood
This unit is located in Erin Mills, part of Mississauga in the Peel area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at The Way Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
Keywords: Unit 314 The Way Condos Mississauga
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