- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $587at the range’s middle
- Tax a year
- $2,3832025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 520-7405 Goreway Dr
520-7405 Goreway Dr is a 3-bedroom, 2-bathroom condo in Malton, Mississauga, listed for sale at an asking price of $499,000 (MLS® W13645488).
SPECTACULAR TOTALLY RENOVATED 3 BEDROOMS CONDO! IN MISSISSAUGA !!! !! WITH TWOWASHROOMS, TWO BALCONIES, GREAT AMENITIES, LOW MAINTENANCE, CLOSE TO SCHOOLS, MAINHIGHWAYS 410, 427, 401 MINUTES TO THE AIRPORT, GREAT PROPERTY FOR INVESTORS OR FIRST TIMEBUYERS.STAINLESS STEEL APPLIANCES, PARKING. SHOWS 10 PLUS
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even46/100−$413/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 8 homes with 3 bedrooms for lease in Malton 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
- $2,383 / 2025
- MLS® number
- W13645488
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Malton
- Municipality
- Mississauga
Building
- Size
- 800-899 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Flat, 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $487
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 12.01 × 12.34 m | W/O To Balcony | Flat |
| Dining | 7.64 × 13.09 m | — | Flat |
| Kitchen | 7.64 × 10.04 m | Modern Kitchen | Flat |
| Primary | 12.76 × 13.62 m | Closet | Flat |
| 2nd Br | 8.83 × 10.04 m | Closet | Flat |
| 3rd Br | 8.4 × 8.99 m | Closet | Flat |
| Library | 0.0 × 0.0 m | — | Flat |
Listing history
Buy/sell history for 520-7405 Goreway Dr, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,000 | N/A | Sc | W13645488 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $99,800
- Total mortgage amount
- $399,200
- Total interest payment
- $283,900
- Total purchase cost
- $782,900
- Mortgage payment
- $2,277/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
34%Monthly carrying cost
$2,963- Rent $2,550
- Shortfall $413
Rental income opens at $2,550, the median asking rent of 8 comparable homes for lease in Malton. 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
- $6,455
- Total land transfer tax
- $6,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $2,455
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 $499,000
- $1,980
- Ontario total
- $6,455
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 Malton right now
- For sale now
- 6
- Median asking price
- $415K
- New in 7 days
- 0
- Price cuts
- 17%
Middle half: $409K to $465K
2 in 28 days
1 listing
This home is asking 20% above the median, higher than three quarters of them.
See all homes in MaltonAsking 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
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Darcel / Steeles | Brampton Transit bus rapid transit: Züm Steeles | 1.4 km |
| Morning Star / Bovaird | Brampton Transit bus rapid transit: Züm Bovaird | 1.5 km |
| Goreway / Steeles | Brampton Transit bus rapid transit: Züm Steeles | 1.8 km |
| Malton GO | GO Transit train: Kitchener | 1.9 km |
| Humber College Station | TTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles | 3.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; 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. Contains information licensed under the Open Government Licence – Toronto. 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Raphael SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 250 m | 68%Grade 6 average |
| Holy Cross SchoolDufferin-Peel CDSB | Catholic · grades JK–8 | 600 m | 58%Grade 6 average |
| Lancaster Public SchoolPeel DSB | Public · grades JK–6 | 600 m | 55%Grade 3 average |
| École élémentaire Félix-LeclercConseil scolaire Viamonde | French-language public · grades JK–6 | 7.5 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Lincoln M. Alexander Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 400 m | 37%Grade 9 math |
| Ascension of Our Lord Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 900 m | 40%Grade 9 math |
| Father Henry Carr Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 4.4 km | 51%Grade 9 math |
| West Humber Collegiate InstituteToronto DSB | Public · grades 9–12 | 4.6 km | 42%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
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Recently sold nearby
Sold prices in Malton are shown to signed-in members.