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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14149046For SaleComm Element Condo

402-483 Faith Dr

Hurontario, Mississauga, Ontario L5R 0A1

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402-483 Faith Dr, Mississauga, photo 1
Asking$429,000
Bedrooms
2
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$390at the range’s middle
Tax a year
$4,5472026 tax year
Parking
22 underground
Days on market
Members

The brief

About 402-483 Faith Dr

402-483 Faith Dr is a 2-bedroom, 2-bathroom condo in Hurontario, Mississauga, listed for sale at an asking price of $429,000 (MLS® W14149046).

Opportunity Knocks! Incredibile value at $429,000! Discover the potential of this spacious 1,159 sq.ft. corner suite! The desirable corner - suite layout offers added privacy, tons of natural light and generous living space, with 2 bedrooms, 2 bathrooms and peaceful northeast views overlooking the forest. The bright, open-concept living and dining area features large windows, generous room sizes and a spacious balcony. The oversized kitchen offers a large centre island, granite countertops and plenty of space for entertaining. Includes 2 owned parking spaces and a locker! An exceptional opportunity for buyers looking to add their own personal touch or investors seeking value. Refresh, renovate and make this space your own! Enjoy a well-maintained building with excellent amenities including concierge, guest suites, gym and party room. conveniently located to square one, transit, parks, schools and everyday shopping. Don't miss this great opportunity!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,284/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 43 homes with 2 bedrooms for lease in Hurontario right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,547 / 2026
MLS® number
W14149046
Board
TRREB MLS®
Property Type
Comm Element Condo
Days on market
Size
1000-1199 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: RE/MAX PROFESSIONALS INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Comm Element Condo
Style
1 Storey/Apt
Community
Hurontario
Municipality
Mississauga

Building

Size
1000-1199 sqft
Construction
Brick

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 5pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
Yes
Family room
Yes
Extras
All Existing Appliances in AS IS WHERE IS CONDITION
Condo maint.
$1,297

Rooms

RoomSizeFeaturesLevel
Kitchen2.22 × 4.84 mCentre Island, Granite Counter, WindowMain
Living3.74 × 4.11 mhardwood floor, Bay Window, O/Looks DiningMain
Dining3.2 × 3.9 mhardwood floor, W/O To Balcony, Open ConceptMain
Primary3.7 × 5.56 mW/I Closet, 5 Pc Ensuite, Picture WindowMain
2nd Br2.7 × 4.34 mLarge Closet, 4 Pc Bath, Picture WindowMain

Listing history

Buy/sell history for 402-483 Faith Dr, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$429,000N/AFor SaleW14149046

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $85,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$85,800
Total mortgage amount
$343,200
Total interest payment
$244,200
Total purchase cost
$673,200
Mortgage payment
$1,958/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

72%

Monthly carrying cost

$3,634
−$1,284per month
  • Rent $2,350
  • Shortfall $1,284

Rental income opens at $2,350, the median asking rent of 43 comparable homes for lease in Hurontario. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$5,055
Total land transfer tax
$5,055
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$1,055
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $429,000
$580
Ontario total
$5,055

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Condos for sale in Hurontario right now

For sale now
6
Median asking price
$499K

Middle half: $440K to $538K

New in 7 days
1

5 in 28 days

Price cuts
17%

1 listing

This home is asking 14% below the median, lower than three quarters of them.

See all homes in Hurontario

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Hurontario St at Bristol RdBrampton Transit bus rapid transit: Züm Main1.3 km
Hurontario St at MathesonBrampton Transit bus rapid transit: Züm Main1.6 km
Hurontario St at Eglinton AveBrampton Transit bus rapid transit: Züm Main1.6 km
Hurontario St at Britannia RdBrampton Transit bus rapid transit: Züm Main2.3 km
Erindale GOGO Transit train: Milton4.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Champlain Trail Public SchoolPeel DSBPublic · grades JK–6 · French Immersion450 m65%Grade 3 average
St Hilary Elementary SchoolDufferin-Peel CDSBCatholic · grades JK–81 km71%Grade 6 average
Cooksville Creek Public SchoolPeel DSBPublic · grades JK–61.2 km53%Grade 3 average
ÉÉC René-LamoureuxConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–63.5 km98%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Francis Xavier Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–121.1 km73%Grade 9 math
Rick Hansen Secondary SchoolPeel DSBPublic · grades 9–122 km50%Grade 9 math
St Joseph Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–122.7 km76%Grade 9 math
ÉSC Sainte-FamilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.1 km67%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Hurontario are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record