285 Enfield Place Unit 512, Mississauga

Price: $488,800

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W12908264

Location Location Location! Welcome to this bright and spacious move in ready Two-Bedroom & Two Bathroom Plus One Unit located In the heart of Mississauga's vibrant City Centre! This unit offers a functional layout, modern finishes, and unbeatable convenience-perfect for first-time buyers, young professionals, or savvy investors. This renovated unit offers open concept living & carpet free that has plenty of upgrades and $$$ spent including new laminate flooring throughout, brand new neutral colour paint, modern kitchen with quartz countertops, stainless steel appliances and new kitchen cabinets. Solarium can be used as an Office or a potential third room. Situated steps from Square One Shopping Centre, restaurants, cafes, parks, and public transit. Easy access to major highways (403, 401, QEW) makes commuting a breeze. Close to Sheridan College and future LRT Line. Whether you're looking to live in or invest, this well-maintained unit offers incredible value in one of Mississauga's most sought-after communities.

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$488,800 - 285 Enfield Place Unit 512, Mississauga

Condo for Sale in Mississauga

86 days on market
3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W12908264
Property Type
Condo
Status
active
Days on Site
86
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
SUTTON GROUP REALTY SYSTEMS INC.
Description

Location Location Location! Welcome to this bright and spacious move in ready Two-Bedroom & Two Bathroom Plus One Unit located In the heart of Mississauga's vibrant City Centre! This unit offers a functional layout, modern finishes, and unbeatable convenience-perfect for first-time buyers, young professionals, or savvy investors. This renovated unit offers open concept living & carpet free that has plenty of upgrades and $$$ spent including new laminate flooring throughout, brand new neutral colour paint, modern kitchen with quartz countertops, stainless steel appliances and new kitchen cabinets. Solarium can be used as an Office or a potential third room. Situated steps from Square One Shopping Centre, restaurants, cafes, parks, and public transit. Easy access to major highways (403, 401, QEW) makes commuting a breeze. Close to Sheridan College and future LRT Line. Whether you're looking to live in or invest, this well-maintained unit offers incredible value in one of Mississauga's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,507.80/mo

Includes CMHC insurance ($13,638)

$
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5-yr fixed avg.

Principal: $439,920Interest: $298,782
Mortgage Amount$453,558
Total Interest$298,782
Est. Property Tax$346/mo
Total Cost$752,339

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

285 Enfield Place Unit 512, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$346
Insurance (est.)-$102
Net Cash Flow+$1,632

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $611/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.

Negotiation Opportunity

At 86 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 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.

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.

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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    285 Enfield Place Unit 512, Mississauga | $488,800 | Battaglia Team