Sold
$440,000
1bed|1bath|0-499sqft
1 parking|0 locker
Unit 314
3401 Ridgeway Drive E 314, Mississauga, ON L5L 0B9
Residential Condo & Other|$169 fees|$2849 tax
MLS #W12300391
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Unit 308 at The Way Condos
Sold3401 Ridgeway Drive 308, Mississauga, ON L5L 5T3
MLS #W9244310
$535,000
Sold on October 7, 2024
October 7, 2024
Originally listed at $569,786 39 days on market
About This Property
Welcome to The Way Condos by Sorbara, located in the highly desirable South Erin Mills! This nearly brand-new 2-bedroom, 2 full washrooms condo apartment features low maintenance fees, making it ideal for first-time buyers or investors. Enjoy the convenience of being close to major highways, public transportation, Costco, Walmart, Home Depot, Canadian Tire, restaurants, coffee shops, gyms, and more. The condo boasts a modern kitchen with stainless steel appliances, open-concept living, ensuite laundry, and includes one owned underground parking spot. Don't miss this opportunity!
Investment Analysis
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($214/mo) and property tax ($2,882/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$877/sqftErin Mills
$564/sqft+55.5%
Mississauga
$538/sqft
Fair Market Price
Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 650 sqft.
Property Details
Bedrooms
2
Bathrooms
2
Square Feet
600-699 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeHeat Pump
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1160
MLS Size600-699
Listed OnAug 6, 2024
Maintenance Fees$214/month
Property Tax$2,882/year
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Main) | 3.71 x 2.4 | 12.2 x 7.9 | - |
| Living Room(Main) | 3.71 x 2.4 | 12.2 x 7.9 | - |
| Kitchen(Main) | 3.71 x 2.4 | 12.2 x 7.9 | - |
| Kitchen(Main) | 3.71 x 2.4 | 12.2 x 7.9 | - |
| Primary Bedroom(Main) | 3.68 x 2.16 | 12.1 x 7.1 | - |
| Primary Bedroom(Main) | 3.68 x 2.16 | 12.1 x 7.1 | - |
| Bedroom 2(Main) | 2.68 x 2.52 | 8.8 x 8.3 | - |
| Bedroom 2(Main) | 2.68 x 2.52 | 8.8 x 8.3 | - |
Room Dimensions Available
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Unit 308 History
Complete transaction history for this unit
1 More Transactions Available
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Transaction History Available
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Price History
Original List Price
$569,786
Listed on Aug 6, 2024
Sold Price
$535,000
Sold on Oct 7, 2024
-$34,786
-6.1%
39 days on market
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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
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building NameThe Way Condos
Address3401 Ridgeway Drive, Mississauga
Parking TypeUnderground
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About Unit 308 at The Way Condos
Unit 308 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 600-699 square feet located at The Way Condos, 3401 Ridgeway Drive, Mississauga. This unit is currently sold (sold for $535K).
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 308 The Way Condos Mississauga
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