1275 Cornerbrook Place Unit 102, Mississauga

Price: $534,786

2 bedrooms, 2 bathrooms

1,000 sq ft

Property Type: Condo

MLS#: W12525502

Gem of a property for first-time buyer, investor, or someone looking to downsize. Nestled in the heart of Mississauga's sought-after Erindale neighbourhood, this stunning townhome offers an exceptional fusion of space, style, and location. Single floor layout makes it very convenient for seniors and very young children. Strategically located for commute near Dundas and Bus stop. Close to all amenities, schools, places of worship, and Erindale Park. Experience the magnificence and the pulse of the city from a vantage point. Brick construction provides a unique welcome to the building. Visitors' parking allows for easy access to visitors. Cook your favourite delicacies in the open concept kitchen and relax in the expansive living room. 2 spacious BRS on the same floor are perfect for ease and convenience of the entire family. Stacked washer/dryer and dishwasher are less than a year old. Rogers' internet is included in the monthly maintenance fee, to sweeten the deal. A rare offering, do not miss out on this one. Motivated Seller.

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$534,786 - 1275 Cornerbrook Place Unit 102, Mississauga

Condo for Sale in Mississauga

32 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12525502
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North
Balcony
None
Listing Brokerage
EXECUTIVE HOMES REALTY INC.
Description

Gem of a property for first-time buyer, investor, or someone looking to downsize. Nestled in the heart of Mississauga's sought-after Erindale neighbourhood, this stunning townhome offers an exceptional fusion of space, style, and location. Single floor layout makes it very convenient for seniors and very young children. Strategically located for commute near Dundas and Bus stop. Close to all amenities, schools, places of worship, and Erindale Park. Experience the magnificence and the pulse of the city from a vantage point. Brick construction provides a unique welcome to the building. Visitors' parking allows for easy access to visitors. Cook your favourite delicacies in the open concept kitchen and relax in the expansive living room. 2 spacious BRS on the same floor are perfect for ease and convenience of the entire family. Stacked washer/dryer and dishwasher are less than a year old. Rogers' internet is included in the monthly maintenance fee, to sweeten the deal. A rare offering, do not miss out on this one. Motivated Seller.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,743.73/mo

Includes CMHC insurance ($14,921)

$
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5-yr fixed avg.

Principal: $481,307Interest: $326,891
Mortgage Amount$496,228
Total Interest$326,891
Est. Property Tax$379/mo
Total Cost$823,118

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.

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Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

1275 Cornerbrook Place Unit 102, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$379
Insurance (est.)-$111
Net Cash Flow+$1,220

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $535/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 32 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.

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 $2,228 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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