$514,900 - 1000 Cedarglen Gate Unit 619, Mississauga
Condo for Sale in Mississauga
55 days on market- MLS Number
- W13040184
- Property Type
- Condo
- Status
- active
- Days on Site
- 55
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
SELLER BONUS ON CLOSING: 12 MONTHS MAINTENANCE FEES PAID ON A MUTUALLY APPROVED DEAL. We know that investing in real estate can be expensive; however, we have a solution--How does 1 year of MAINTENANCE FEES sound? On a mutually accepted agreement, our client will pay up to 1 year of equivalent maintenance fees credited to the Buyer on closing. As an end-user buyer, this extra cash will help in so many ways. If you are an investor looking for a highly rentable unit in Mississauga, this rebate allows you to "cash flow" this property over 6years. This building and unit is a highly desirable and affordable south-facing and renovated 2-bedroom suite located in the Cedarglen Gate Community. Enjoy all the benefits of a turnkey home or purchase as an investment in this highly rentable area (U of T medical school is nearby). Fully unobstructed with amazing park views from every window and balcony this 2 bedroom, 2 bathroom suite has the following amazingfeatures: renovated open concept living/dining and kitchen area, centre island overlooking the living room, stone counters with stainless steelappliances, wood burning fireplace, updated laminate floors, 2 balconies, updated (last 2 years) hvac units, all new trim and paint, updated lightfixtures and window coverings. Centrally located near Dundas and Mavis, this complex has everything at your doorstep - parks with walking trails, nearby shopping, excellent transit options, and great schools.
Estimate your monthly payments for this property
Estimated Payment
$2,641.70/mo
Includes CMHC insurance ($14,366)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1000 Cedarglen Gate Unit 619, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $644/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 55 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,145 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.