2495 Eglinton Avenue Unit 1902, Mississauga

Price: $519,900

1 bedrooms, 1 bathrooms

500 sq ft

Property Type: Condo

MLS#: W12719870

Brand-new one-bedroom unit (#1902) at The Kindred Condo, located in the heart of Erin Mills, Mississauga. This bright and contemporary suite features an open-concept living, dining, and kitchen layout, a spacious bedroom with a walk-in closet, and a well-appointed full bathroom with a shower tub. Upgrades include premium laminate flooring throughout, quartz countertops in both the kitchen and bathroom, stainless steel kitchen appliances, a built-in dishwasher, and convenient in-suite laundry.The sun-filled interior offers 9-foot ceilings and floor-to-ceiling sliding doors leading to a private balcony with city views, allowing for an abundance of natural light. Includes one underground parking space (#323 on P3) and one locker (#85, Locker Room #17 on P1). Residents enjoy exceptional building amenities, including 24-hour concierge service, a fitness centre and yoga studio, co-working space and boardroom, party room, theatre room, lush community gardens, and visitor parking. Ideally situated within walking distance to Erin Mills Town Centre and Credit Valley Hospital, and close to the University of Toronto Mississauga, Sheridan College, parks, grocery stores, and top-rated schools. Convenient access to Highways 403, 407, and QEW, public transit, and Streetsville and Clarkson GO Stations ensures effortless commuting and access to all amenities.

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$519,900 - 2495 Eglinton Avenue Unit 1902, Mississauga

Condo for Sale in Mississauga

32 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W12719870
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
HomeLife Power Realty Inc
Description

Brand-new one-bedroom unit (#1902) at The Kindred Condo, located in the heart of Erin Mills, Mississauga. This bright and contemporary suite features an open-concept living, dining, and kitchen layout, a spacious bedroom with a walk-in closet, and a well-appointed full bathroom with a shower tub. Upgrades include premium laminate flooring throughout, quartz countertops in both the kitchen and bathroom, stainless steel kitchen appliances, a built-in dishwasher, and convenient in-suite laundry.The sun-filled interior offers 9-foot ceilings and floor-to-ceiling sliding doors leading to a private balcony with city views, allowing for an abundance of natural light. Includes one underground parking space (#323 on P3) and one locker (#85, Locker Room #17 on P1). Residents enjoy exceptional building amenities, including 24-hour concierge service, a fitness centre and yoga studio, co-working space and boardroom, party room, theatre room, lush community gardens, and visitor parking. Ideally situated within walking distance to Erin Mills Town Centre and Credit Valley Hospital, and close to the University of Toronto Mississauga, Sheridan College, parks, grocery stores, and top-rated schools. Convenient access to Highways 403, 407, and QEW, public transit, and Streetsville and Clarkson GO Stations ensures effortless commuting and access to all amenities.

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Estimated Payment

$2,667.36/mo

Includes CMHC insurance ($14,505)

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5-yr fixed avg.

Principal: $467,910Interest: $317,792
Mortgage Amount$482,415
Total Interest$317,792
Est. Property Tax$368/mo
Total Cost$800,207

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

2495 Eglinton Avenue Unit 1902, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$999

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $1040/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 32 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.

Efficient Living

At 500 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 $2,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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