1580 Mississauga Vly Boulevard Unit 1906, Mississauga

Price: $521,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12989392

Spacious 3-bedroom suite plus a versatile den that can easily serve as a 4th bedroom or home office. Freshly painted with an upgraded primary ensuite and updated doors, this move-in ready unit offers exceptional space and flexibility. Enjoy unobstructed skyline views and beautiful eastern sunrises from your private balcony. The building showcases upgraded elevators, lobby, and hallways, with window replacements nearing completion for enhanced comfort and efficiency. All utilities are included in the maintenance fees - an incredible value at this price point. Opportunities offering this much space in such a prime location are rarely available. Unbeatable convenience with Metro, Shoppers Drug Mart, and TD Bank right across the street, and Square One just 5 minutes away. Transit is at your doorstep, only a 2-minute walk to Highway 10 and the upcoming LRT, with easy access to the QEW, 403, and 401.

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$521,000 - 1580 Mississauga Vly Boulevard Unit 1906, Mississauga

Condo for Sale in Mississauga

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12989392
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
Common
Exposure
East
Balcony
Terrace
Listing Brokerage
HOMELIFE FRONTIER REALTY INC.
Description

Spacious 3-bedroom suite plus a versatile den that can easily serve as a 4th bedroom or home office. Freshly painted with an upgraded primary ensuite and updated doors, this move-in ready unit offers exceptional space and flexibility. Enjoy unobstructed skyline views and beautiful eastern sunrises from your private balcony. The building showcases upgraded elevators, lobby, and hallways, with window replacements nearing completion for enhanced comfort and efficiency. All utilities are included in the maintenance fees - an incredible value at this price point. Opportunities offering this much space in such a prime location are rarely available. Unbeatable convenience with Metro, Shoppers Drug Mart, and TD Bank right across the street, and Square One just 5 minutes away. Transit is at your doorstep, only a 2-minute walk to Highway 10 and the upcoming LRT, with easy access to the QEW, 403, and 401.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,673.00/mo

Includes CMHC insurance ($14,536)

$
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5-yr fixed avg.

Principal: $468,900Interest: $318,464
Mortgage Amount$483,436
Total Interest$318,464
Est. Property Tax$369/mo
Total Cost$801,900

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

1580 Mississauga Vly Boulevard Unit 1906, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$369
Insurance (est.)-$109
Net Cash Flow+$1,662

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $434/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 16 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.

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 $2,171 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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