24 REID Drive Unit 8, Mississauga

Price: $849,999

4 bedrooms, 4 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W13439572

Million-Dollar Views & Turnkey Luxury in a Prime LocationWelcome to a truly unparalleled offering in a highly desired, well-established community. Nestled in a serene setting that perfectly captures the tranquil, picturesque charm of Niagara-on-the-Lake alike, this magnificent townhome boasts a breathtaking million-dollar view.Fully renovated from top to bottom with over $150,000 invested in premium upgrades, this is the definition of a turnkey property. Every detail has been meticulously thoughtfully executed, allowing you to simply turn the key, move in, and enjoy a modernized home without the cost, time, or uncertainty of future renovations. Unmatched Exclusivity & UpgradesThis spectacular home stands out with a rare and highly valuable upgrades: it is the only unit in the entire townhouse complex featuring brand new windows, frames, and exterior doors (2025).Unbeatable Location & Lifestyle Situated in a top-tier school zone, this home perfectly balances tranquility with supreme convenience. You are just minutes away from the vibrant shops and dining of historic Streetsville Village. Enjoy effortless access to beautiful parks, excellent schools, Erin Mills Town Centre, Credit Valley Hospital, the Streetsville GO Station, and major commuter routes (Hwys 401, 403, and 407).Carefree LivingSpend your weekends relaxing rather than doing chores. The comprehensive maintenance fee provides true peace of mind, covering: Building Insurance & Water Complete front and back lawn care services, Snow removal, A well-managed, healthy reserve fund.12 min Drive to University of Toronto. Don't miss out on a level of completion rarely found in today's market. Book your private showing today and step into your flawless new home!

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active
New Listing
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$849,999 - 24 REID Drive Unit 8, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
4Beds
4Baths
1,800Sq Ft
Condo
Property Details
MLS Number
W13439572
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
1,800 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

Million-Dollar Views & Turnkey Luxury in a Prime LocationWelcome to a truly unparalleled offering in a highly desired, well-established community. Nestled in a serene setting that perfectly captures the tranquil, picturesque charm of Niagara-on-the-Lake alike, this magnificent townhome boasts a breathtaking million-dollar view.Fully renovated from top to bottom with over $150,000 invested in premium upgrades, this is the definition of a turnkey property. Every detail has been meticulously thoughtfully executed, allowing you to simply turn the key, move in, and enjoy a modernized home without the cost, time, or uncertainty of future renovations. Unmatched Exclusivity & UpgradesThis spectacular home stands out with a rare and highly valuable upgrades: it is the only unit in the entire townhouse complex featuring brand new windows, frames, and exterior doors (2025).Unbeatable Location & Lifestyle Situated in a top-tier school zone, this home perfectly balances tranquility with supreme convenience. You are just minutes away from the vibrant shops and dining of historic Streetsville Village. Enjoy effortless access to beautiful parks, excellent schools, Erin Mills Town Centre, Credit Valley Hospital, the Streetsville GO Station, and major commuter routes (Hwys 401, 403, and 407).Carefree LivingSpend your weekends relaxing rather than doing chores. The comprehensive maintenance fee provides true peace of mind, covering: Building Insurance & Water Complete front and back lawn care services, Snow removal, A well-managed, healthy reserve fund.12 min Drive to University of Toronto. Don't miss out on a level of completion rarely found in today's market. Book your private showing today and step into your flawless new home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.93/mo

Includes CMHC insurance ($23,715)

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5-yr fixed avg.

Principal: $764,999Interest: $519,566
Mortgage Amount$788,714
Total Interest$519,566
Est. Property Tax$602/mo
Total Cost$1,308,280

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 8, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$1,170
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$1,851

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 $472/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 8, Mississau… — $849,999 | Battaglia Team