$579,000 - 220 Burnhamthorpe Road Unit 914, Mississauga
Condo for Sale in Mississauga
138 days on market- MLS Number
- W12686240
- Property Type
- Condo
- Status
- active
- Days on Site
- 138
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Locker
- Ensuite+Common
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE MEADOWTOWNE REALTY
Welcome to this rarely available, sun-drenched 1+1 loft in the heart of Mississauga-a true standout that offers something different from the ordinary. With soaring ceilings and a dramatic wall of floor-to-ceiling windows, the space is filled with natural light, creating an airy, open feel that's both stylish and inviting.The thoughtfully designed open-concept layout is perfect for entertaining, while the spacious primary bedroom provides comfort and generous closet space. The oversized den offers incredible flexibility-easily functioning as a second bedroom, home office, or nursery depending on your needs.Take in peaceful views of the beautifully landscaped courtyard, with a subtle glimpse of the lake adding that extra sense of calm.Enjoy resort-style amenities including 24-hour concierge, indoor pool, hot tub, sauna, fully equipped fitness centre, yoga studio, party room, theatre, games and billiards room, guest suites, and an outdoor BBQ terrace.Situated in an unbeatable AAA location just steps to Square One Shopping Centre, Celebration Square, the Central Library, and Sheridan College. You're surrounded by dining, entertainment, and MiWay transit, with quick access to the upcoming Hurontario LRT and major highways including the 403, 401, and QEW.A rare opportunity to own a unique loft in one of Mississauga's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$2,970.57/mo
Includes CMHC insurance ($16,154)
5-yr fixed avg.
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.
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
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.
220 Burnhamthorpe Road Unit 914, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $724/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.
Negotiation Opportunity
At 138 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.