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    Mississauga / Malton

    501 - 7405 Goreway Dr

    For SaleMalton Mansions Condos
    $543,000
    3 Beds
    2 Bath
    1 Parking
    942 SQFT
    26 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $527/mth
    Taxes:
    $2,424 (2023)
    Cost Per Sqft:
    $576/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North South
    Possession Date:
    November 30, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    11.29 x 11.16ft
    Dining
    Laminate, Combined with Living, Pot Lights
    7.58 x 10.96ft
    Kitchen
    Laminate, Granite Counter, Open Concept
    10.01 x 10.17ft

    About this Listing

    Well Maintained 3 Bedrm,2 Washrm Condo. Open Concept, Combined Living & Dining, Freshly Painted, kitchen w/Granite Counter Top & Extra Cupboards, Master Bedrm W/3pc Ensuite, Mirrored Closet, Laminated Floor, Open Balcony, Excellent Location. Close To All Amenities; Shopping Mall, Community Center, Bus Stop, Schools, Library, Places Of Worship, Hospital, Minutes To Airport And Hwy 427, 401, 407 &400

    ExtrasDouble Sink, Electric Light Fixtures, One Underground Parking Building Amenities; Gym, Party Room, Visitor Parking, Extra Kitchen Cupboards.

    re/max west realty inc.MLS® #W9769554

    Amenities

    Visitor Parking
    Games Room
    Car Wash
    Media Room
    Gym Room
    Party Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    22,464
    Average Individual Income
    $62,820
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $117,236
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    27%
    $60,000+
    15%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    50%
    Semi Detached
    26%
    High Rise Apartment
    9%
    Low Rise Apartment
    7%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    15%
    Mandarin
    3%
    Tagalog
    2%
    Cantonese
    2%
    Urdu
    2%
    Spanish
    1%
    Hindi
    1%
    Education
    High School
    29%
    University and Above
    27%
    College
    19%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Malton Mansions Condos vs The Malton Area

    Building Trends At Malton Mansions Condos

    Days on Strata

    Units at Malton Mansions Condos spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Malton

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 23 condos in the Malton area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Malton Mansions Condos offers the
    ?
    best value out of 23 condos in the Malton neighbourhood

    Appreciation Rank

    Malton Mansions Condos has the
    ?
    highest ROI out of 23 condos in the Malton neighbourhood

    Rental Yield

    Malton Mansions Condos yields the
    ?
    highest rent prices out of 23 condos in the Malton neighbourhood

    High Demand

    Malton Mansions Condos is the
    ?
    most popular building out of 23 condos in the Malton neighbourhood

    Transaction Insights at 7405 Goreway Drive

    1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$499,000 - $512,000$540,000 - $542,000$539,500
    Avg. Cost Per SqftNo Data$722$621$594
    Avg. Wait for Unit AvailabilityNo Data47 Days55 Days123 Days
    Ratio of Units in Building1%35%45%20%

    Transactions vs Inventory

    Total number of units listed and sold in Malton