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    Mississauga / Hurontario

    2 - 62 Preston Meadow Ave

    For SaleSummit City Centre Townhomes
    $798,000
    2 Beds
    2 Bath
    2 Parking
    1,400 - 1,599 SQFT
    9 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $409/mth
    Taxes:
    $4,364 (2024)
    Cost Per Sqft:
    $499 - $570/sqft
    Locker:
    None
    Outdoor Space:
    Enclosed/Solarium
    Exposure:
    North East
    Possession Date:
    February 1, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Balcony, Hardwood Floor
    49.54 x 36.42ft
    Dining
    O/Looks Park, Hardwood Floor
    29.53 x 28.22ft
    Kitchen
    Stainless Steel Appliances, Ceramic Floor
    29.53 x 29.53ft

    About this Listing

    Discover the ultimate urban lifestyle in this perfectly situated unit in the heart of Mississauga. Just steps from transit, shops, restaurants, and parks, this home offers unparalleled convenience. Perfect for commuters, with easy access to major highways, it blends comfort with practicality in a vibrant community. Enjoy 9-foot ceilings and a bright, open-concept design. The kitchen showcases quartz countertops, a spacious center island, and a private balcony with no unit below for added privacy. Upper-level laundry adds to the convenience. With 2 parking spaces included, this low-maintenance home is perfect for modern living.

    ExtrasRefrigerator, Stove, Dishwasher, Washer & Dryer

    re/max premier the op teamMLS® #W11935559

    Amenities

    Bike Storage
    BBQs Allowed
    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.

    Similar Listings

    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

    Maintenance Fees

    Summit City Centre Townhomes vs The Hurontario Area

    Building Trends At Summit City Centre Townhomes

    Days on Strata

    Units at Summit City Centre Townhomes spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 50 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 50 condos in the Hurontario neighbourhood

    Appreciation Rank

    Summit City Centre Townhomes has the
    ?
    highest ROI out of 50 condos in the Hurontario neighbourhood

    Rental Yield

    Summit City Centre Townhomes yields the
    ?
    highest rent prices out of 50 condos in the Hurontario neighbourhood

    High Demand

    Summit City Centre Townhomes is the
    ?
    most popular building out of 50 condos in the Hurontario neighbourhood

    Transaction Insights at 17-86 Preston Meadow Avenue

    2 Bed
    Price Range$634,900 - $774,000
    Avg. Cost Per Sqft$581
    Avg. Wait for Unit Availability71 Days
    Ratio of Units in Building100%

    Transactions vs Inventory

    Total number of units listed and sold in Hurontario