$2,600/mo - 3421 Ridgeway Drive Unit 5, Mississauga
Condo for Rent in Mississauga
105 days on market- MLS Number
- W12785214
- Property Type
- Condo
- Status
- active
- Days on Site
- 105
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
Available for lease from April 1, is this upper-level stacked townhouse in the desirable Erin Mills community, perfectly situated on Ridgeway Drive. Offering a modern layout and an unbeatable location, this two-bedroom, three-bathroom home is ideal for professionals or small families looking for a low-maintenance living.The main level features a bright, open-concept design with a spacious kitchen overlooking the combined breakfast and family area. This level also includes a convenient powder room and a private balcony. Upstairs, you'll find a generously sized primary bedroom complete with a private 3-piece ensuite. The second bedroom is also a good size with its own closet and access to a shared 4-piece bathroom, with a tub. Laundry is located on this level for added ease.What truly sets this home apart is the stunning large rooftop patio. This is an incredible outdoor retreat and the perfect space to host in the summer or simply relax and enjoy the open air.Located just minutes from Highway 403/ 407, Ridgeway Plaza, the GO-station, public transit, Credit Valley Hospital, shopping, dining, and more. This is a fantastic opportunity to live in one of Mississauga's most sought-after communities. Included: one underground parking spot & internet!
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.
3421 Ridgeway Drive Unit 5, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
How this lease stacks up against the local rental market
Estimated Monthly Budget
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,600/mo, this is priced below the typical 2-bedroom rent of ~$2,900/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.
Negotiation Opportunity
At 105 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.
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.
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.