2555 Thomas Street Unit 70, Mississauga

Price: $960,000

3 bedrooms, 3 bathrooms

1,600 sq ft

Property Type: Condo

MLS#: W12811122

Welcome to 2555 Thomas Street, Unit 70, a beautifully renovated family home offering warmth, comfort, and thoughtful design in one of Mississauga's most desirable neighbourhoods. From the moment you enter, you'll appreciate the bright, open feel and seamless flow, highlighted by hardwood floors, smooth ceilings, and large windows that fill the home with natural light.The renovated kitchen features stone counters, a timeless backsplash, and premium built in Fisher and Paykel appliances including a gas cooktop, oven, microwave range hood, fridge, and double drawer dishwasher. The adjoining breakfast area walks out to the yard, perfect for morning coffee, summer barbecues, and easy indoor outdoor living.A few steps up, the inviting family room offers a comfortable gathering space with large windows and a gas fireplace, ideal for relaxing or entertaining.Upstairs, the primary retreat includes his and hers closets and a beautifully updated spa inspired ensuite with heated floors, double sinks, and a spa like glass shower. Two additional bedrooms offer generous space and natural light for children, guests, or a home office. A renovated main bath completes the upper level.The finished basement provides a spacious recreation room for movie nights or playtime, along with a dedicated laundry area.Located in a well managed condo community where exterior maintenance and landscaping are taken care of, this home offers the ease of low maintenance living with annual furnace servicing included.Close to parks, trails, shopping, everyday amenities, and within the catchment for high ranking schools including Castlebridge Public School, Thomas Street Middle School, and John Fraser Secondary School. Easy access to major highways and transit makes commuting simple. A home where comfort, community, and convenience come together beautifully.

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$960,000 - 2555 Thomas Street Unit 70, Mississauga

Condo for Sale in Mississauga

New — Listed 7 days ago
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W12811122
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
Terrace
Listing Brokerage
EXP REALTY
Description

Welcome to 2555 Thomas Street, Unit 70, a beautifully renovated family home offering warmth, comfort, and thoughtful design in one of Mississauga's most desirable neighbourhoods. From the moment you enter, you'll appreciate the bright, open feel and seamless flow, highlighted by hardwood floors, smooth ceilings, and large windows that fill the home with natural light.The renovated kitchen features stone counters, a timeless backsplash, and premium built in Fisher and Paykel appliances including a gas cooktop, oven, microwave range hood, fridge, and double drawer dishwasher. The adjoining breakfast area walks out to the yard, perfect for morning coffee, summer barbecues, and easy indoor outdoor living.A few steps up, the inviting family room offers a comfortable gathering space with large windows and a gas fireplace, ideal for relaxing or entertaining.Upstairs, the primary retreat includes his and hers closets and a beautifully updated spa inspired ensuite with heated floors, double sinks, and a spa like glass shower. Two additional bedrooms offer generous space and natural light for children, guests, or a home office. A renovated main bath completes the upper level.The finished basement provides a spacious recreation room for movie nights or playtime, along with a dedicated laundry area.Located in a well managed condo community where exterior maintenance and landscaping are taken care of, this home offers the ease of low maintenance living with annual furnace servicing included.Close to parks, trails, shopping, everyday amenities, and within the catchment for high ranking schools including Castlebridge Public School, Thomas Street Middle School, and John Fraser Secondary School. Easy access to major highways and transit makes commuting simple. A home where comfort, community, and convenience come together beautifully.

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Estimate your monthly payments for this property

Estimated Payment

$4,925.30/mo

Includes CMHC insurance ($26,784)

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5-yr fixed avg.

Principal: $864,000Interest: $586,805
Mortgage Amount$890,784
Total Interest$586,805
Est. Property Tax$680/mo
Total Cost$1,477,589

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

2555 Thomas Street Unit 70, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$680
Insurance (est.)-$200
Net Cash Flow+$1,320

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

Competitive Pricing

At $600/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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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