$509,900 - 2560 Eglinton Avenue Unit 313, Mississauga
Condo for Sale in Mississauga
44 days on market- MLS Number
- W13075918
- Property Type
- Condo
- Status
- active
- Days on Site
- 44
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Spacious And Sun-Filled 1-Bedroom + Den Condo In The Highly Sought-After Daniels-Built Tower At 2560 Eglinton Ave W, Located In The Heart Of Erin Mills! This Beautifully Designed Suite Features Soaring 9.5 Ft Ceilings That Enhance The Open Feel Of The Space. The Functional Layout Includes A Large Den With A Door, Ideal For A Home Office Or Use As A Second Bedroom. Enjoy A Modern Kitchen Equipped With Stainless Steel Appliances, Quartz Countertops, And A Large Island Perfect For Meal Prep Or Entertaining. The Generously Sized Bedroom Features A Custom Closet, And The Living Area Opens To A Private Balcony For Your Personal Outdoor Oasis.Great Location, Right Across From Erin Mills Town Centre, Steps To Credit Valley Hospital, Top-Ranked Schools, Parks, Restaurants, Groceries, And Major Transit Routes. Commuters Will Love The Quick Access To Highways 403 And 407, As Well As MiWay And The Nearby GO Station.The Building Offers Exceptional Amenities Including A 24-Hour Concierge, Fitness Centre, Party Room, Rooftop Terrace, Theatre Room, Visitor Parking, And More. Built By The Award-Winning Daniels Corporation, Known For Quality And Attention To Detail.Whether You're A First-Time Buyer, Downsizer, Or Investor, This Condo Offers Great Value, Comfort, And Convenience. Strong Rental Demand In The Area Makes This A Smart Investment Opportunity As Well. Don't Miss Your Chance To Own In One Of Mississauga's Most Desirable Communities!
Estimate your monthly payments for this property
Estimated Payment
$2,616.05/mo
Includes CMHC insurance ($14,226)
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.
2560 Eglinton Avenue Unit 313, 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
Competitive Pricing
At $728/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.
Market Position
At 44 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 700 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 $2,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.