$439,999 - 3401 Ridgeway Drive Unit 301, Mississauga
Condo for Sale in Mississauga
44 days on market- MLS Number
- W12801648
- Property Type
- Condo
- Status
- active
- Days on Site
- 44
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North East
- Balcony
- Enclosed
- Listing Brokerage
- CENTURY 21 PROPERTY ZONE REALTY INC.
Welcome to this modern, freshly painted condo in the highly sought-after Erin Mills area ofMississauga - a fantastic opportunity for first-time home buyers and savvy investors alike.This bright and functional 1-bedroom suite features a full bathroom, an open-concept living anddining area, and a walk-out to a private balcony, offering comfortable everyday living withexcellent rental potential. The upgraded full-size kitchen showcases quartz countertops, astylish backsplash, and stainless steel appliances, combining contemporary style with practicality. Move-in ready with immediate possession available, this turnkey unit is ideal forend users, young professionals, students, or investors looking to expand their portfolio in ahigh-demand location. Conveniently located close to UTM, major shopping centres, Credit ValleyHospital, parks, trails, Costco, community centres, public transit, GO bus service, and quick access to highways 401, 403, and 407, making commuting and daily living effortless. The unit includes ensuite laundry, one underground parking space, and internet included in the maintenance fee - an excellent blend of comfort, convenience, and long-term value.
Estimate your monthly payments for this property
Estimated Payment
$2,257.42/mo
Includes CMHC insurance ($12,276)
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.
3401 Ridgeway Drive Unit 301, 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
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 0 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.
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.