3560 Colonial Drive Unit Unit 3, Mississauga

Price: $629,000

2 bedrooms, 3 bathrooms

900 sqft

Property Type: Condo

MLS#: W13286380

Beautifully designed 2-bedroom, 3-bathroom townhouse that perfectly combines modern comfort with everyday convenience. This home offers open-concept living, spacious bedrooms, and a stylish kitchen ideal for family meals or entertaining. Enjoy a functional layout, and plenty of storage townhouse. Conveniently located minutes to Erin Mills Town Centre, Credit Valley Hospital, parks, restaurants, and everyday essentials including Costco, Walmart, and major grocery stores. Easy access to Highways 401, 403, and QEW makes commuting a breeze. Perfect for a first-time homebuyer, investor, or upsizing. A must-see.

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New Listing
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$629,000 - 3560 Colonial Drive Unit Unit 3, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago
2Beds
3Baths
900Sq Ft
Condo
Property Details
MLS Number
W13286380
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
3
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
PROCONDO REALTY INC.
Description

Beautifully designed 2-bedroom, 3-bathroom townhouse that perfectly combines modern comfort with everyday convenience. This home offers open-concept living, spacious bedrooms, and a stylish kitchen ideal for family meals or entertaining. Enjoy a functional layout, and plenty of storage townhouse. Conveniently located minutes to Erin Mills Town Centre, Credit Valley Hospital, parks, restaurants, and everyday essentials including Costco, Walmart, and major grocery stores. Easy access to Highways 401, 403, and QEW makes commuting a breeze. Perfect for a first-time homebuyer, investor, or upsizing. A must-see.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,227.10/mo

Includes CMHC insurance ($17,549)

$
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5%10%50%

5-yr fixed avg.

Principal: $566,100Interest: $384,480
Mortgage Amount$583,649
Total Interest$384,480
Est. Property Tax$446/mo
Total Cost$968,129

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

3560 Colonial Drive Unit Unit 3, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,118

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 $699/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 900 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.

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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    3560 Colonial Drive Unit Unit 3… — $629,000 | Battaglia Team