2545 Erin Centre Boulevard Unit 1611, Mississauga

Price: $455,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W12891596

MOVE-IN READY & FULLY FURNISHED - Embrace the Lifestyle! Welcome to Parkway Place III, where style, comfort, and convenience come together. This beautifully updated 1-bedroom condo is ideal for first-time buyers, young professionals, or downsizers seeking a vibrant, low maintenance lifestyle in one of Mississauga's most desirable communities. Located in the heart of the city, this home puts everything at your fingertips. Erin Mills Town Centre, grocery stores, restaurants, parks, scenic trails, and the library are all just minutes away. Situated within the highly rated John Fraser Secondary School district, and a true commuter's dream with under 5-minute access to Hwy 403, quick connections to Streetsville GO, and transit steps from the building. Inside, enjoy a bright, sun-filled layout with freshly painted walls and stylish upgrades throughout. The modern kitchen features quartz countertops, subway tile backsplash, stainless steel appliances, and breakfast bar seating. Hardwood floors, upgraded lighting, and California shutters add a polished finish. Relax in the spa-inspired bathroom with glass shower, then step onto your private balcony to take in unobstructed skyline view of the CN Tower perfect for sunrise coffees, sunset unwinding, or fireworks nights. Includes 1 underground parking space and locker. Enjoy resort-style amenities: indoor pool, sauna, tennis courts, gazebo, fitness rooms, billiards and card room, party room, and 24-hour security. Bonus Value: This home is fully furnished with stylish, functional pieces including a leather power-reclining sofa, extendable dining table & chairs, storage units, coffee bar, queen bed with King Koil mattress, desk, shoe cabinet, and stainless steel appliances, plus washer/dryer (2023). A rare opportunity to own a turnkey condo offering exceptional value, location, and lifestyle-don't miss it!

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$455,000 - 2545 Erin Centre Boulevard Unit 1611, Mississauga

Condo for Sale in Mississauga

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W12891596
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

MOVE-IN READY & FULLY FURNISHED - Embrace the Lifestyle! Welcome to Parkway Place III, where style, comfort, and convenience come together. This beautifully updated 1-bedroom condo is ideal for first-time buyers, young professionals, or downsizers seeking a vibrant, low maintenance lifestyle in one of Mississauga's most desirable communities. Located in the heart of the city, this home puts everything at your fingertips. Erin Mills Town Centre, grocery stores, restaurants, parks, scenic trails, and the library are all just minutes away. Situated within the highly rated John Fraser Secondary School district, and a true commuter's dream with under 5-minute access to Hwy 403, quick connections to Streetsville GO, and transit steps from the building. Inside, enjoy a bright, sun-filled layout with freshly painted walls and stylish upgrades throughout. The modern kitchen features quartz countertops, subway tile backsplash, stainless steel appliances, and breakfast bar seating. Hardwood floors, upgraded lighting, and California shutters add a polished finish. Relax in the spa-inspired bathroom with glass shower, then step onto your private balcony to take in unobstructed skyline view of the CN Tower perfect for sunrise coffees, sunset unwinding, or fireworks nights. Includes 1 underground parking space and locker. Enjoy resort-style amenities: indoor pool, sauna, tennis courts, gazebo, fitness rooms, billiards and card room, party room, and 24-hour security. Bonus Value: This home is fully furnished with stylish, functional pieces including a leather power-reclining sofa, extendable dining table & chairs, storage units, coffee bar, queen bed with King Koil mattress, desk, shoe cabinet, and stainless steel appliances, plus washer/dryer (2023). A rare opportunity to own a turnkey condo offering exceptional value, location, and lifestyle-don't miss it!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,334.39/mo

Includes CMHC insurance ($12,695)

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5-yr fixed avg.

Principal: $409,500Interest: $278,121
Mortgage Amount$422,195
Total Interest$278,121
Est. Property Tax$322/mo
Total Cost$700,316

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

2545 Erin Centre Boulevard Unit 1611, 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)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$322
Insurance (est.)-$95
Net Cash Flow+$1,058

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 $910/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 18 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.

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.

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