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    Mississauga / Downtown Core

    1505 - 220 Burnhamthorpe Rd W

    For SaleCitygate II Condos
    $575,000
    1 Bed
    2 Bath
    1 Parking
    651 SQFT
    22 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $498/mth
    Taxes:
    $2,528 (2024)
    Cost Per Sqft:
    $883/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    TBD/60 day
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Walkout To Balcony, Sw View
    16.8 x 10.7ft
    Dining
    Hardwood Floor, Combined with Living, Open Concept
    16.8 x 10.7ft
    Kitchen
    Renovated, Quartz Counter, Centre Island
    9.22 x 8.1ft

    About this Listing

    Total Luxury Resort Living In The Heart Of Mississauga. Gorgeous Living Space & Open Concept Living and Dining With Walkout To Large Balcony with Stunning Unobstructed West View With Allot Of Natural Light 6 Spectacular Features Of This Property Are: 1) The Incredible Storage Space! The Den Has Been Converted Into A Massive Closet Creating More Storage Than Almost Any Other 1 Bedroom Unit And There Is A 4-5Ft Closet In The Bedroom As Well. 2) Beautiful Remodeled Kitchen Featuring Quartz Countertop With Waterfall, Backsplash And New Black Stainless Steel Refrigerator. 3) The Views And Balcony Overlooking The Common Area Courtyard Ft. BBQ, Pergolas, Mini Putt & Fountains 4) The Building Amenities Which Include An Indoor Pool, Party Room With Grand Piano That Converts To A Theater Room, Gym & More! 5) Parking - Unit Includes Parking Spot Right Beside The Elevators 6) Location, Minutes From Hwy 403. Do Not Hesitate, This Is Your New Place...Low Maintenance Fees Covers It

    ExtrasLow Maintenance Fees Covers It ALL!!!

    re/max realtron realty inc.MLS® #W9283192

    Amenities

    Rooftop Deck
    BBQ
    Games Room
    Security System
    Gym Room
    Concierge

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    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
    9,194
    Average Individual Income
    $63,586
    Average Household Size
    2 persons
    Average Age
    60
    Average Household Income
    $105,144
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    28%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    24%
    Semi Detached
    24%
    Low Rise Apartment
    6%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    8%
    Punjabi
    4%
    Tagalog
    1%
    Hindi
    1%
    Spanish
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    32%
    University and Above
    25%
    College
    21%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    4%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Citygate II Condos vs The Downtown Core Area

    Building Trends At Citygate II Condos

    Days on Strata

    Units at Citygate II Condos spend an average of
    8
    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 Downtown Core

    Turnover of Units

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

    Property Value

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

    Price Ranking

    4th
    Highest price per SQFT out of 45 condos in the Downtown Core area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    30
    Units were Rented over the past twelve months

    Best Value Rank

    Citygate II Condos offers the
    ?
    best value out of 45 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Citygate II Condos has the
    ?
    highest ROI out of 45 condos in the Downtown Core neighbourhood

    Rental Yield

    Citygate II Condos yields the
    ?
    highest rent prices out of 45 condos in the Downtown Core neighbourhood

    High Demand

    Citygate II Condos is the
    ?
    most popular building out of 45 condos in the Downtown Core neighbourhood

    Transaction Insights at 220 Burnhamthorpe Road W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$590,000$640,000 - $679,000No Data
    Avg. Cost Per SqftNo DataNo Data$857$782No Data
    Avg. Wait for Unit AvailabilityNo Data92 Days23 Days108 Days79 Days
    Ratio of Units in Building1%14%56%17%14%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core