$525,000 - 2520 Eglinton Avenue Unit 1602, Mississauga
Condo for Sale in Mississauga
Popular Listing- MLS Number
- W12928952
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this bright, beautifully maintained 1+Den suite in a quality-built Daniels residence, offering a functional, open-concept layout in a highly desirable location. Freshly painted and featuring 9 ft smooth ceilings and modern laminate flooring throughout, this unit delivers both comfort and style. Proudly owned by the original owners and never leased, it presents a rare opportunity for buyers seeking a well-cared-for home. The contemporary kitchen is equipped with stainless steel appliances, quartz countertops, and a spacious island-perfect for everyday living and entertaining. The versatile den provides an ideal space for a home office or guest area. Enjoy the convenience of a full bathroom and an additional powder room, plus an ensuite laundry for added ease. This well-managed building offers exceptional convenience with everyday essentials right at your doorstep, including a pharmacy, physiotherapy clinic, medical offices, and an animal hospital. Ideally situated directly across from Credit Valley Hospital and Erin Mills Town Centre, the location is further enhanced by proximity to top-rated schools. Commuters will appreciate easy access to public transit, GO Bus service, and major highways, including 403 and 401. Just 15 minutes to Square One and approximately 30 minutes to downtown Toronto. Residents enjoy an impressive selection of amenities including 24-hour security, indoor basketball court, fitness centre, games room, library, bicycle storage, and electric vehicle charging stations. An excellent opportunity for first-time buyers, investors, or downsizers seeking modern living in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$2,693.52/mo
Includes CMHC insurance ($14,648)
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.
2520 Eglinton Avenue Unit 1602, 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 25+ years of GTA real estate experience
Fair Market Value
At $875/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.
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 600 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 $2,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.