1591 South Parade Court Unit 2, Mississauga

Price: $689,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13044938

Welcome to this beautifully updated townhouse tucked into one of Mississauga's mostsought-after pockets. Perfectly positioned at the end of a quiet court, this home offersexceptional convenience-just minutes to Hwys 403/401, Square One, and the GO Station.Freshly painted throughout, the main floor features an open-concept living room and a brightdining area overlooking the backyard. The modern kitchen is equipped with stainless steelappliances, sleek quartz countertops, and a stylish backsplash.The upper level showcases two massive king-sized bedrooms-the second bedroom is impressivelylarge, matching the scale of the primary.The finished lower-level recreation room adds valuable extra living space; a versatile flexspace easily converts into a third bedroom, home office, or gym to suit your lifestyle. Thegarage includes a clever storage loft for added functionality. Outdoors, unwind under yourprivate gazebo or enjoy the neighbourhood park just steps away. Visitor parking is convenientlyclose.A true turn-key opportunity in a quiet, family-friendly community.

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New Listing
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$689,900 - 1591 South Parade Court Unit 2, Mississauga

Condo for Sale in Mississauga

New — Listed 3 days ago
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13044938
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Description

Welcome to this beautifully updated townhouse tucked into one of Mississauga's mostsought-after pockets. Perfectly positioned at the end of a quiet court, this home offersexceptional convenience-just minutes to Hwys 403/401, Square One, and the GO Station.Freshly painted throughout, the main floor features an open-concept living room and a brightdining area overlooking the backyard. The modern kitchen is equipped with stainless steelappliances, sleek quartz countertops, and a stylish backsplash.The upper level showcases two massive king-sized bedrooms-the second bedroom is impressivelylarge, matching the scale of the primary.The finished lower-level recreation room adds valuable extra living space; a versatile flexspace easily converts into a third bedroom, home office, or gym to suit your lifestyle. Thegarage includes a clever storage loft for added functionality. Outdoors, unwind under yourprivate gazebo or enjoy the neighbourhood park just steps away. Visitor parking is convenientlyclose.A true turn-key opportunity in a quiet, family-friendly community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,539.54/mo

Includes CMHC insurance ($19,248)

$
$
5%10%50%

5-yr fixed avg.

Principal: $620,910Interest: $421,705
Mortgage Amount$640,158
Total Interest$421,705
Est. Property Tax$489/mo
Total Cost$1,061,863

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

1591 South Parade Court Unit 2, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$489
Insurance (est.)-$144
Net Cash Flow+$1,477

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 $690/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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