3500 South Millway N/A Unit 27, Mississauga

Price: $865,000

4 bedrooms, 4 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13134314

Some images have been virtually staged to help illustrate the potential of the space. Beautifully upgraded 3+1 bedroom, 4 washroom corner-unit condo townhouse nestled in the heart of Erin Mills within a highly sought-after family-friendly complex. This bright and sun-filled home features an exceptional layout with large windows throughout, offering beautiful views and an abundance of natural light. Freshly painted and tastefully updated, the home showcases modern washrooms, elegant pot lights, and a stunning contemporary white kitchen with coffered ceiling, dedicated coffee station, pull-out organizers, and lazy Susan cabinetry designed for both style and functionality. The finished walkout basement offers incredible versatility with a spacious recreation room, additional bedroom, and washroom - perfect for guests, or a comfortable work-from-home setup. Another standout features of this home is the private two-car garage with direct access into the unit, offering exceptional convenience and additional storage space. Situated on a desirable corner lot, the property features a well-sized backyard with direct access to the complex pool area - ideal for relaxing or entertaining. Residents enjoy excellent amenities including an outdoor pool, children's play area, and ample visitor parking. Unbeatable location within walking distance to a vibrant shopping plaza featuring Walmart, Shoppers Drug Mart, No Frills, restaurants, and everyday conveniences. Minutes to Erin Mills Town Centre, Credit Valley Hospital, University of Toronto Mississauga campus, Costco, top-rated schools, parks, transit, and major highways. An exceptional opportunity to own a stylish, move-in-ready home in one of Mississauga's most desirable communities.

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$865,000 - 3500 South Millway N/A Unit 27, Mississauga

Condo for Sale in Mississauga

34 days on market
4Beds
4Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13134314
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
4
Bathrooms
4
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South West
Balcony
None
Listing Brokerage
AKARAT GROUP INC.
Description

Some images have been virtually staged to help illustrate the potential of the space. Beautifully upgraded 3+1 bedroom, 4 washroom corner-unit condo townhouse nestled in the heart of Erin Mills within a highly sought-after family-friendly complex. This bright and sun-filled home features an exceptional layout with large windows throughout, offering beautiful views and an abundance of natural light. Freshly painted and tastefully updated, the home showcases modern washrooms, elegant pot lights, and a stunning contemporary white kitchen with coffered ceiling, dedicated coffee station, pull-out organizers, and lazy Susan cabinetry designed for both style and functionality. The finished walkout basement offers incredible versatility with a spacious recreation room, additional bedroom, and washroom - perfect for guests, or a comfortable work-from-home setup. Another standout features of this home is the private two-car garage with direct access into the unit, offering exceptional convenience and additional storage space. Situated on a desirable corner lot, the property features a well-sized backyard with direct access to the complex pool area - ideal for relaxing or entertaining. Residents enjoy excellent amenities including an outdoor pool, children's play area, and ample visitor parking. Unbeatable location within walking distance to a vibrant shopping plaza featuring Walmart, Shoppers Drug Mart, No Frills, restaurants, and everyday conveniences. Minutes to Erin Mills Town Centre, Credit Valley Hospital, University of Toronto Mississauga campus, Costco, top-rated schools, parks, transit, and major highways. An exceptional opportunity to own a stylish, move-in-ready home in one of Mississauga's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,437.90/mo

Includes CMHC insurance ($24,134)

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5-yr fixed avg.

Principal: $778,500Interest: $528,736
Mortgage Amount$802,634
Total Interest$528,736
Est. Property Tax$613/mo
Total Cost$1,331,370

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

3500 South Millway N/A Unit 27, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$613
Insurance (est.)-$180
Net Cash Flow+$1,747

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 $721/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 34 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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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    3500 South Millway N/A Unit 27 | $865,000 | Battaglia Team