$529,000 - 2565 Erin Centre Boulevard Unit PH7, Mississauga
Condo for Sale in Mississauga
33 days on market- MLS Number
- W13128408
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- Royal Lepage Real Estate Associates
Rarely available and beautifully updated penthouse residence with south views facing the lake and located in the heart of Central Erin Mills in Mississauga! Freshly painted throughout, this bright and inviting 2 bedroom, 2 bathroom condo offers a desirable sunny south exposure, filling the space with natural light and features a walkout to a private balcony with panoramic views. The open concept layout features a stylish kitchen complete with stone countertops, a breakfast bar and stainless steel appliances, flowing effortlessly into the living and dining areas. The spacious primary bedroom is a true retreat, including a renovated 3 piece ensuite, while the second bedroom offers flexibility for guests or a home office. Added conveniences include a huge storage locker located directly in front of the owned parking spot, making everyday living both comfortable and practical. Building amenities includes 24 hour gated security, an indoor pool, hot tub, sauna, gym, tennis court, party room, games room, library & plenty of visitor parking. A rare penthouse opportunity in a sought after neighbourhood steps to shopping, transit, parks, highly rated schools and all urban amenities including Erin Mills Town Centre with all of its shops and restaurants. Close to Credit Valley Hospital and easy access to highways 403, 401 & 407.
Estimate your monthly payments for this property
Estimated Payment
$2,714.04/mo
Includes CMHC insurance ($14,759)
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.
2565 Erin Centre Boulevard Unit PH7, 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 $661/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 33 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 800 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 $2,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.