$819,900 - 1155 Stroud Lane Unit 2, Mississauga
Condo for Sale in Mississauga
40 days on market- MLS Number
- W13081218
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- NEST SEEKERS INTERNATIONAL REAL ESTATE
This beautifully designed interior-unit condo townhouse offers the perfect blend of lifestyle appeal, functionality, and investment potential. Ideally located just minutes from the GO Station, close to the lake, and with quick access to major highways, this is a rare opportunity for both end-users and investors alike. Spanning approximately 1,464 sq ft, the thoughtfully designed layout features 3generously sized bedrooms and 3 well-appointed bathrooms, including a private primary retreat occupying its own floor-ideal for families, professionals, or flexible multi-tenant living. As an interior unit, the home benefits from enhanced energy efficiency, quieter exposure, and additional interior living space thanks to the absence of internal garage access. Two parking spaces, excellent in-unit storage, and an additional storage locker further enhance everyday convenience. The standout custom rooftop terrace creates an exceptional outdoor living experience, complete with a gas BBQ hookup for effortless entertaining. Inside, modern finishes and upgraded LG laundry appliances add comfort and style, while the kitchen gas line offers future gas stove upgrade potential-an added feature valued by both homeowners and tenants. With strong rental appeal, functional design, and a highly connected location near transit, waterfront amenities, and commuter routes, this property presents outstanding long-term value and versatility. Quick Feature Highlights: Minutes to GO Station, 2 Parking Spaces, Interior Unit - Quiet & Energy Efficient Approximately 1,464 Sq Ft 3 Bedrooms, 3 Bathrooms, Private Primary Retreat on Its Own Floor, Custom Rooftop Terrace with Gas BBQ Hookup for Outdoor Cooking or Entertaining, Kitchen Gas Line for Future Gas Stove Upgrade, Upgraded LG Laundry Duo, Additional Storage Locker, Close to the Lake, Quick Highway Access Excellent End-User & Investment Potential
Estimate your monthly payments for this property
Estimated Payment
$4,206.51/mo
Includes CMHC insurance ($22,875)
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.
1155 Stroud Lane Unit 2, Mississauga
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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 $586/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.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.