24 Reid Drive Unit 6, Mississauga

Price: $709,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: W13479200

Discover this exceptional executive townhome offering approximately 2,050 sq. ft. above grade (as per MPAC) on a rare ravine lot overlooking the Credit River. Enjoy breathtaking views from the main floor, the primary suite, and the private third-floor terrace. Nestled in the heart of Streetsville, this home seamlessly blends urban convenience with the tranquility of nature. Just a short 7-minute walk to the GO Station, shops, restaurants, schools, and parks, the location offers outstanding accessibility for commuters and families alike. The bright, open-concept interior features soaring 10.5-foot ceilings, a custom-designed kitchen, four spacious bedrooms, and four modern bathrooms. Thoughtfully designed for both everyday living and entertaining, this home provides an abundance of functional and stylish living space. Step outside to your private backyard retreat or host family and friends on the spectacular third-floor terrace while taking in the serene ravine views. Premium features include stainless steel appliances, high-efficiency HVAC, an Ecobee smart thermostat, and durable composite decking on the upper terrace.Located just a 12-minute drive to the University of Toronto Mississauga campus, this is a rare opportunity to enjoy refined living in one of Streetsville's most sought-after, family-friendly communities. Tesla charger available for purchase separately. L-shaped sectional and concrete propane fire table on the upper terrace are also available.

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New Listing
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$709,000 - 24 Reid Drive Unit 6, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
4Beds
4Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
W13479200
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North West
Balcony
Terrace
Listing Brokerage
ROYAL HERITAGE REALTY LTD.
Description

Discover this exceptional executive townhome offering approximately 2,050 sq. ft. above grade (as per MPAC) on a rare ravine lot overlooking the Credit River. Enjoy breathtaking views from the main floor, the primary suite, and the private third-floor terrace. Nestled in the heart of Streetsville, this home seamlessly blends urban convenience with the tranquility of nature. Just a short 7-minute walk to the GO Station, shops, restaurants, schools, and parks, the location offers outstanding accessibility for commuters and families alike. The bright, open-concept interior features soaring 10.5-foot ceilings, a custom-designed kitchen, four spacious bedrooms, and four modern bathrooms. Thoughtfully designed for both everyday living and entertaining, this home provides an abundance of functional and stylish living space. Step outside to your private backyard retreat or host family and friends on the spectacular third-floor terrace while taking in the serene ravine views. Premium features include stainless steel appliances, high-efficiency HVAC, an Ecobee smart thermostat, and durable composite decking on the upper terrace.Located just a 12-minute drive to the University of Toronto Mississauga campus, this is a rare opportunity to enjoy refined living in one of Streetsville's most sought-after, family-friendly communities. Tesla charger available for purchase separately. L-shaped sectional and concrete propane fire table on the upper terrace are also available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,637.54/mo

Includes CMHC insurance ($19,781)

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5-yr fixed avg.

Principal: $638,100Interest: $433,380
Mortgage Amount$657,881
Total Interest$433,380
Est. Property Tax$502/mo
Total Cost$1,091,261

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

24 Reid Drive Unit 6, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,960/mo
Range: $3,366 - $4,554
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,960
Maintenance Fees-$1,300
Property Tax (est.)-$502
Insurance (est.)-$148
Net Cash Flow+$2,010

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 $355/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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    24 Reid Drive Unit 6, Mississauga | $709,000 | Battaglia Team