$524,000 - 2520 Eglinton Avenue Unit 1702, Mississauga
Condo for Sale in Mississauga
51 days on market- MLS Number
- W13055248
- Property Type
- Condo
- Status
- active
- Days on Site
- 51
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- West
- Balcony
- Enclosed
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Modern 1+Den Condo | 2 Washrooms | Prime Erin Mills Location Experience stylish urban living in this beautifully designed 1 Bedroom + Den, 2 Washroom suite at The Arc by Daniels. Thoughtfully laid out with an efficient open-concept design, this bright unit features 9-ft ceilings, floor-to-ceiling windows, and sleek laminate flooring throughout-bringing in natural light and a modern feel.The contemporary kitchen is equipped with quartz countertops, stainless steel appliances, and a spacious island, seamlessly flowing into the living and dining area-perfect for both everyday living and entertaining. Step out onto your private big balcony and enjoy the open views.The primary bedroom offers a private ensuite, while the versatile den is ideal for a home office, guest space. With two washrooms, convenience and functionality are fully covered.Located directly across from Credit Valley Hospital and steps to Erin Mills Town Centre, this unit puts everything at your doorstep-shopping, dining, transit, and top-rated schools. Quick access to Hwy 403/401 makes commuting effortless. Residents enjoy premium amenities, including a fitness centre, indoor basketball court, landscaped courtyard, 24-hour concierge, and more. Perfect for first-time buyers, investors, or downsizers looking for modern comfort in a high-demand location.
Estimate your monthly payments for this property
Estimated Payment
$2,688.39/mo
Includes CMHC insurance ($14,620)
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 1702, 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
Fair Market Value
At $873/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.
Negotiation Opportunity
At 51 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 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 $2,183 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.