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    Mississauga / East Credit

    40 - 1588 South Parade Crt

    For Sale1588 South Parade Townhomes
    $775,000
    3 Beds + 1
    3 Bath
    2 Parking
    1,375 SQFT
    15 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $508/mth
    Taxes:
    $4,023 (2024)
    Cost Per Sqft:
    $564/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North South
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Combined with Dining, Fireplace
    23.49 x 9.74ft
    Dining
    Hardwood Floor, Combined with Living
    23.49 x 9.74ft
    Kitchen
    Modern Kitchen, Granite Counter
    11.16 x 7.15ft

    About this Listing

    Welcome To This Charming Executive Townhome. This Beautiful Corner Unit Bedrooms and 3 Washrooms Feels Like A Semi-Detached Home. Located In Prestigious Central Mississauga and Backing Onto Detached Homes! Excellent Family Neighbourhood. Upgrades Include Potlights On Main Floor, Renovated Modern Kitchen With Stainless Steel Appliances And Granite Counter Tops, Hardwood on main floor. Finished Basement with a large Bedroom ideal for large families. Freshly Painted. Access from Garage Into Home. Ideal For 1st Time Home Buyers/Investors/Young Professionals Working Downtown. Fantastic location close to Hospital, Great Schools & Transit within walking distance, . GO Train and Hwy access within minutes. "Cottage In The City Vibe" With Proximity To 3 Major Malls: Square One, Erin Mills & Heartland. This is a well cared for home.. Shows very well. Don't Miss This One!

    keller williams real estate associatesMLS® #W9506784

    Amenities

    Indoor Parking
    BBQs Allowed
    Visitor Parking

    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

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

    Population
    14,579
    Average Individual Income
    $59,343
    Average Household Size
    2 persons
    Average Age
    38
    Average Household Income
    $109,878
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    19%
    50 - 64
    21%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    31%
    Low Rise Apartment
    16%
    High Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    78%
    Punjabi
    7%
    Other
    7%
    Urdu
    3%
    Spanish
    2%
    Tagalog
    1%
    Hindi
    1%
    Gujarati
    1%
    Education
    High School
    31%
    University and Above
    24%
    College
    20%
    None
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    11%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Education
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    3%

    Price Trends

    Maintenance Fees

    1588 South Parade Townhomes vs The East Credit Area

    Building Trends At 1588 South Parade Townhomes

    Days on Strata

    Units at 1588 South Parade Townhomes spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -21%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 21 condos in the East Credit area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    1588 South Parade Townhomes offers the
    ?
    best value out of 21 condos in the East Credit neighbourhood

    Appreciation Rank

    1588 South Parade Townhomes has the
    ?
    highest ROI out of 21 condos in the East Credit neighbourhood

    Rental Yield

    1588 South Parade Townhomes yields the
    ?
    highest rent prices out of 21 condos in the East Credit neighbourhood

    High Demand

    1588 South Parade Townhomes is the
    ?
    most popular building out of 21 condos in the East Credit neighbourhood

    Transaction Insights at 1588 South Parade Court

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$858,000No Data
    Avg. Cost Per SqftNo DataNo Data$481No Data
    Avg. Wait for Unit AvailabilityNo DataNo Data72 Days215 Days
    Ratio of Units in Building6%2%85%9%

    Transactions vs Inventory

    Total number of units listed and sold in East Credit