3250 The Credit Woodlands N/A Unit 16, Mississauga

Price: $614,000

5 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13124716

Your dream home awaits in legendary Erindale, Mississauga! This gorgeous 3 bed, 3 bath townhome features an open concept main floor, finished basement, stainless steel appliances and newer laminate floors with fresh neutral paint throughout. Across from Springfield Public School, close to The Woodlands Secondary, St. Gerard Elementary and St. Jerome Separate School. Surrounded by the extraordinary Riverwood Conservancy, lush Erindale Park and the iconic Credit River, offering unmatched natural beauty year-round. Effortless commuting via Hwy 403, QEW and Erindale GO Station. Steps to UTM, Credit Valley Hospital, Square One and Westdale Mall. Move-in ready. Nothing to do but enjoy! Monthly maintenance fee of $610 includes water and covers all exterior maintenance and services, including roof maintenance/repairs, exterior wall repairs, seals, and other exterior-related upkeep.

3250 The Credit Woodlands N/A Unit 16 - Condo photo 1 of 15 in Mississauga, Ontario
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$614,000 - 3250 The Credit Woodlands N/A Unit 16, Mississauga

Condo for Sale in Mississauga

31 days on market
5Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13124716
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
5
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North East
Balcony
None
Listing Brokerage
ZOLO REALTY
Description

Your dream home awaits in legendary Erindale, Mississauga! This gorgeous 3 bed, 3 bath townhome features an open concept main floor, finished basement, stainless steel appliances and newer laminate floors with fresh neutral paint throughout. Across from Springfield Public School, close to The Woodlands Secondary, St. Gerard Elementary and St. Jerome Separate School. Surrounded by the extraordinary Riverwood Conservancy, lush Erindale Park and the iconic Credit River, offering unmatched natural beauty year-round. Effortless commuting via Hwy 403, QEW and Erindale GO Station. Steps to UTM, Credit Valley Hospital, Square One and Westdale Mall. Move-in ready. Nothing to do but enjoy! Monthly maintenance fee of $610 includes water and covers all exterior maintenance and services, including roof maintenance/repairs, exterior wall repairs, seals, and other exterior-related upkeep.

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Estimate your monthly payments for this property

Estimated Payment

$3,150.14/mo

Includes CMHC insurance ($17,131)

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5-yr fixed avg.

Principal: $552,600Interest: $375,311
Mortgage Amount$569,731
Total Interest$375,311
Est. Property Tax$435/mo
Total Cost$945,041

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

3250 The Credit Woodlands N/A Unit 16, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$650
Property Tax (est.)-$435
Insurance (est.)-$128
Net Cash Flow+$2,347

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 $614/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 31 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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

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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    3250 The Credit Woodlands N/A U… — $614,000 | Battaglia Team