3401 Ridgeway Drive Unit 420, Mississauga

Price: $1,900

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: W13077122

Bright and sun-filled top-floor 1-bedroom condo with 1 parking in a well-maintained low-rise building near UTM and South Common Mall. Enjoy excellent natural light, a functional open-concept layout, and the added privacy of having no upstairs neighbors. Modern kitchen with quartz countertops, stainless steel appliances, subway tile backsplash, and full-size stacked washer and dryer. Spacious living area with plenty of natural light and a 4-piece bathroom.A well-managed, low-rise 4-storey building. Easy access to: South Common Mall, Erin Mills Town Centre, and local shopping; University of Toronto Mississauga & Sheridan College; New popular Ridgeway Plaza for various food choices and Friend gathering; Public transit; Winston Churchill GO; Hwy 403/407/QEW; Credit Valley Hospital; Walking/hiking trails, community centers, Lifetime Fitness. Nearby conveniences include Costco, Best Buy, Home Depot, and Canadian Tire.

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$1,900/mo - 3401 Ridgeway Drive Unit 420, Mississauga

Condo for Rent in Mississauga

45 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
W13077122
Property Type
Condo
Status
active
Days on Site
45
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
Enclosed
Listing Brokerage
RE/MAX IMPERIAL REALTY INC.
Description

Bright and sun-filled top-floor 1-bedroom condo with 1 parking in a well-maintained low-rise building near UTM and South Common Mall. Enjoy excellent natural light, a functional open-concept layout, and the added privacy of having no upstairs neighbors. Modern kitchen with quartz countertops, stainless steel appliances, subway tile backsplash, and full-size stacked washer and dryer. Spacious living area with plenty of natural light and a 4-piece bathroom.A well-managed, low-rise 4-storey building. Easy access to: South Common Mall, Erin Mills Town Centre, and local shopping; University of Toronto Mississauga & Sheridan College; New popular Ridgeway Plaza for various food choices and Friend gathering; Public transit; Winston Churchill GO; Hwy 403/407/QEW; Credit Valley Hospital; Walking/hiking trails, community centers, Lifetime Fitness. Nearby conveniences include Costco, Best Buy, Home Depot, and Canadian Tire.

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

3401 Ridgeway Drive Unit 420, Mississauga

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$1,900/mo
↓ Below typical 1-bed market rent
Annual Rent Cost
$22,800
12 × monthly rent

Estimated Monthly Budget

Asking Rent$1,900/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$2,080/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

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 Rent

At $1,900/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in Mississauga. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Market Position

At 45 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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    3401 Ridgeway Drive Unit 420, Mississauga | $1,900 | Battaglia Team