$435,000 - 32 Tannery Street Unit 506, Mississauga
Condo for Sale in Mississauga
83 days on market- MLS Number
- W12914614
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- Royal Lepage Real Estate Associates
Feel right at home in this bright and inviting 2+1 bedroom, 2 bathroom corner suite in the heart of Streetsville. Offering over 1,000 sq. ft. of thoughtfully designed living space, this move-in-ready condo is ready for your final touches. The kitchen is both functional and welcoming, featuring stainless steel appliances, a centre island, and a layout that stays connected to the main living area. Updated laminate flooring (2024) enhances the open-concept living and dining space, complete with a cozy reading nook and unobstructed views, while a private balcony provides the perfect place to enjoy your morning coffee or unwind at the end of the day. Both bedrooms with updated carpeting (2024) are well-sized and thoughtfully positioned, including a primary bedroom with a double closet and a private 4-piece ensuite, and a second bedroom with its own 4-piece semi-ensuite and closet, ideal for guests or family. A separate den located between the bedrooms offers a versatile space for a home office, hobby area, or quiet retreat. Freshly painted and well-maintained, the unit also includes an ensuite laundry and ample storage for added convenience. Two tandem parking spots underground. Located just steps from Streetsville's boutiques, cafés, restaurants, parks, community events, and the Credit River trails, this home places the best of the neighbourhood right outside your door, with easy access to the Streetsville GO Station, transit, and major highways for effortless commuting. A wonderful opportunity to enjoy spacious condo living in one of Mississauga's most loved communities.
Estimate your monthly payments for this property
Estimated Payment
$2,231.78/mo
Includes CMHC insurance ($12,137)
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.
32 Tannery Street Unit 506, 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 $435/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 83 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.
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.
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.