1616 Haig Boulevard Unit 5, Mississauga

Price: $679,900

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13088818

Imagine a life where your morning commute is effortless and your evenings are spent in a private, sun-drenched sanctuary. Tucked away in the sought-after Cawthra Park school district, this home offers the perfect balance of connectivity and quiet community living. As you step inside, the practical ceramic foyer welcomes you with direct garage access-a small luxury on rainy days-and a tucked-away powder room. The heart of the home unfolds with warmth, where rich hardwood floors lead you through an open-concept living space. Large windows frame views of the lush backyard, drawing natural light into the bright dining area. Whether you're preparing a meal in the efficient galley kitchen with its sleek stainless steel appliances or sliding open the glass doors to the interlock patio, the transition between indoor and outdoor living is seamless. Summer evenings are better here, with a dedicated gas line ready for your BBQ and plenty of space for kids to play. Downstairs, the basement features durable vinyl flooring (2026) and clever built-in storage, offering a versatile retreat for a home gym or playroom. Upstairs, the parquet floors add character to three spacious bedrooms, including a primary retreat that overlooks the peaceful rear gardens. With a new furnace installed in late 2024 and unbeatable access to the QEW and 427, this isn't just a house; it's the lifestyle upgrade your family has been waiting for in a neighborhood that truly feels like home.

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$679,900 - 1616 Haig Boulevard Unit 5, Mississauga

Condo for Sale in Mississauga

41 days on market
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13088818
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
Royal Lepage Real Estate Associates
Description

Imagine a life where your morning commute is effortless and your evenings are spent in a private, sun-drenched sanctuary. Tucked away in the sought-after Cawthra Park school district, this home offers the perfect balance of connectivity and quiet community living. As you step inside, the practical ceramic foyer welcomes you with direct garage access-a small luxury on rainy days-and a tucked-away powder room. The heart of the home unfolds with warmth, where rich hardwood floors lead you through an open-concept living space. Large windows frame views of the lush backyard, drawing natural light into the bright dining area. Whether you're preparing a meal in the efficient galley kitchen with its sleek stainless steel appliances or sliding open the glass doors to the interlock patio, the transition between indoor and outdoor living is seamless. Summer evenings are better here, with a dedicated gas line ready for your BBQ and plenty of space for kids to play. Downstairs, the basement features durable vinyl flooring (2026) and clever built-in storage, offering a versatile retreat for a home gym or playroom. Upstairs, the parquet floors add character to three spacious bedrooms, including a primary retreat that overlooks the peaceful rear gardens. With a new furnace installed in late 2024 and unbeatable access to the QEW and 427, this isn't just a house; it's the lifestyle upgrade your family has been waiting for in a neighborhood that truly feels like home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,488.24/mo

Includes CMHC insurance ($18,969)

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5-yr fixed avg.

Principal: $611,910Interest: $415,593
Mortgage Amount$630,879
Total Interest$415,593
Est. Property Tax$482/mo
Total Cost$1,046,472

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

1616 Haig Boulevard Unit 5, 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$482
Insurance (est.)-$142
Net Cash Flow+$1,516

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 $567/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 41 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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1616 Haig Boulevard Unit 5, Mississauga | $679,900 | Battaglia Team