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    Mississauga / Downtown Core

    3404 - 220 Burnhamthorpe Rd W

    For SaleCitygate II Condos
    $830,000
    2 Beds
    2 Bath
    1 Parking
    1,217 SQFT
    3 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $887/mth
    Taxes:
    $4,337 (2024)
    Cost Per Sqft:
    $682/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    December 1, 2024
    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

    Kitchen
    Stainless Steel Appliances, Granite Counter, Marble Floor
    17.42 x 8.43ft
    Dining
    Hardwood Floor, Combined with Living, Balcony
    12.01 x 9.74ft
    Living
    Hardwood Floor, Combined with Dining, Window
    14.01 x 13.75ft

    About this Listing

    Welcome to this spectacular lower Penthouse corner suite in the the heart of Mississauga's City Centre! Fit for the Discerning Buyer Who Appreciates Quality & Luxury. With functionality at it's core, the layout boasts 2 spacious bedrooms, a private Chef's kitchen with high-end appliances, and not one but THREE balconies with breathtaking views of Lake Ontario and the City Centre. Soaring 10' ceilings with South-West exposure, this home bursts with natural light. Unbeatable location - steps to Square One, Celebration Square, Restaurants, Libraries and More. Super gorgeous, grand and a true gem in the city. A must-see!

    kingsway real estateMLS® #W10429459

    Amenities

    Guest Suites
    Concierge
    Security System
    Car Wash
    Indoor Parking
    Rooftop Deck

    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.

    Similar Listings

    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
    26
    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 an
    AVERAGE
    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

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 44 condos in the Downtown Core area

    Sold Units

    10
    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 44 condos in the Downtown Core neighbourhood

    Appreciation Rank

    Citygate II Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Core neighbourhood

    Rental Yield

    Citygate II Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Core neighbourhood

    High Demand

    Citygate II Condos is the
    ?
    most popular building out of 44 condos in the Downtown Core neighbourhood

    Transaction Insights at 220 Burnhamthorpe Road W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$477,000$500,000 - $619,000$640,000 - $679,000$680,000
    Avg. Cost Per SqftNo Data$827$741$782$764
    Avg. Wait for Unit AvailabilityNo Data101 Days23 Days108 Days104 Days
    Ratio of Units in Building1%13%56%17%14%

    Transactions vs Inventory

    Total number of units listed and sold in Downtown Core