2001 Bonnymede Drive Unit 172, Mississauga

Price: $569,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13443266

Enjoy an extra-large private patio surrounded by beautiful perennial gardens-perfect for family BBQs and outdoor entertaining. Situated in a premium, quiet location within the complex, this home offers exceptional privacy while providing convenient access throughout the community. The modern kitchen features quartz countertops, a mosaic backsplash, and a window overlooking tranquil green space. The main floor includes a convenient 2-piece powder room, a spacious dining area, and a separate flex room ideal for a home office, guest room, or additional living space. Upstairs, you'll find two generously sized bedrooms, an updated 4-piece bathroom, and mirrored closet doors. Additional highlights include interior access from the lobby and a dedicated laundry room with a utility sink and newer full-size front-load washer and dryer. Major updates include New upstairs floors, New Electrical panel, new downstairs ceiling with spotlight. New Appliances in 2024. Freshly painted throughout (2024). This move-in-ready home is ideally located within walking distance to Clarkson GO Station and transit, shopping, parks, trails, and the lake.

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New Listing
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$569,000 - 2001 Bonnymede Drive Unit 172, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13443266
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
West
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

Enjoy an extra-large private patio surrounded by beautiful perennial gardens-perfect for family BBQs and outdoor entertaining. Situated in a premium, quiet location within the complex, this home offers exceptional privacy while providing convenient access throughout the community. The modern kitchen features quartz countertops, a mosaic backsplash, and a window overlooking tranquil green space. The main floor includes a convenient 2-piece powder room, a spacious dining area, and a separate flex room ideal for a home office, guest room, or additional living space. Upstairs, you'll find two generously sized bedrooms, an updated 4-piece bathroom, and mirrored closet doors. Additional highlights include interior access from the lobby and a dedicated laundry room with a utility sink and newer full-size front-load washer and dryer. Major updates include New upstairs floors, New Electrical panel, new downstairs ceiling with spotlight. New Appliances in 2024. Freshly painted throughout (2024). This move-in-ready home is ideally located within walking distance to Clarkson GO Station and transit, shopping, parks, trails, and the lake.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,919.26/mo

Includes CMHC insurance ($15,875)

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5-yr fixed avg.

Principal: $512,100Interest: $347,804
Mortgage Amount$527,975
Total Interest$347,804
Est. Property Tax$403/mo
Total Cost$875,779

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

2001 Bonnymede Drive Unit 172, 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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$403
Insurance (est.)-$119
Net Cash Flow+$1,588

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 $569/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 $2,371 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2001 Bonnymede Drive Unit 172, Mississauga | $569,000 | Battaglia Team