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    Mississauga / Hurontario

    2 - 62 Preston Meadow Ave

    For SaleSummit City Centre Townhomes
    $799,000
    2 Beds
    2 Bath
    2 Parking
    1,400 - 1,599 SQFT
    63 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $409/mth
    Taxes:
    $4,364 (2023)
    Cost Per Sqft:
    $500 - $571/sqft
    Locker:
    None
    Outdoor Space:
    Enclosed/Solarium
    Exposure:
    North West
    Possession Date:
    Flexible
    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
    Balcony
    49.54 x 36.42ft
    Dining
    O/Looks Park
    29.53 x 28.22ft
    Kitchen
    Stainless Steel Appliances
    29.53 x 29.53ft

    About this Listing

    Experience urban living at its finest, Perfectly located UNIT. Located in the heart of Mississauga, steps away from transportation, enjoy the convenience of nearby shops, restaurants, parks and Ideal location for commuters with easy access to major highways. Includes 2 parkings, Perfect for those seeking a blend of convenience and comfort, offers a low-maintenance lifestyle in a vibrant community. Bright open concept 9'ft. ceilings, Kitchen features Quartz countertops, large center island, private balcony with bedrooms and no unit below. Upper level laundry. Explore urban living first hand, book your showing today!

    Extras2 parking

    save max real estate inc.MLS® #W9046305

    Amenities

    BBQ
    Bike Storage
    Visitor Parking

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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    Demographics

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

    Population
    8,654
    Average Individual Income
    $58,099
    Average Household Size
    3 persons
    Average Age
    37
    Average Household Income
    $109,005
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    17%
    20 - 34
    24%
    35 - 49
    21%
    50 - 64
    21%
    65+
    14%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    30%
    $60,000+
    15%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    41%
    Detached
    32%
    Low Rise Apartment
    20%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    74%
    Other
    9%
    Punjabi
    7%
    Urdu
    3%
    Tagalog
    2%
    Spanish
    2%
    Hindi
    2%
    Gujarati
    1%
    Education
    High School
    31%
    University and Above
    25%
    College
    19%
    None
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    17%
    Health & Related Fields
    14%
    Social Sciences
    10%
    Math & Computer Sciences
    8%
    Personal, Protective & Transportation Services
    5%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    1%
    Agriculture & Natural Resources
    1%

    Price Trends

    Building Trends At Summit City Centre Townhomes

    Days on Strata

    Units at Summit City Centre Townhomes spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Hurontario

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 49 condos in the Hurontario area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Summit City Centre Townhomes offers the
    ?
    best value out of 49 condos in the Hurontario neighbourhood

    Appreciation Rank

    Summit City Centre Townhomes has the
    ?
    highest ROI out of 49 condos in the Hurontario neighbourhood

    Rental Yield

    Summit City Centre Townhomes yields the
    ?
    highest rent prices out of 49 condos in the Hurontario neighbourhood

    High Demand

    Summit City Centre Townhomes is the
    ?
    most popular building out of 49 condos in the Hurontario neighbourhood

    Transaction Insights at 17-86 Preston Meadow Avenue

    2 Bed
    Price Range$650,000 - $774,000
    Avg. Cost Per Sqft$574
    Avg. Wait for Unit Availability97 Days
    Ratio of Units in Building100%

    Transactions vs Inventory

    Total number of units listed and sold in Hurontario