3700 Kaneff Crescent Unit 501, Mississauga

Price: $499,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13030946

Welcome to this spacious and bright 2+1 bedroom condo in a well-maintained and highly sought-after building near Square One! With approximately 1,195 sq ft of functional living space, this unit features a generous living and dining area, recently renovated flooring and kitchen cabinets, and a well-equipped kitchen with full-size appliances. The large primary bedroom includes a 3-piece ensuite and walk-in closet, while the versatile den can comfortably be used as a third bedroom or home office. Enjoy the convenience of ensuite laundry and the comfort of a move-in ready home. Located within walking distance to transit, parks, schools, and shopping, with easy access to Hwy 403, 410, and the QEW. Building amenities include concierge, gym, indoor pool, party room, and more. Includes one parking space and a locker. Don't miss this opportunity!

3700 Kaneff Crescent Unit 501 - Condo photo 1 of 8 in Mississauga, Ontario
3700 Kaneff Crescent Unit 501 - Condo photo 2 of 8 in Mississauga, Ontario
3700 Kaneff Crescent Unit 501 - Condo photo 3 of 8 in Mississauga, Ontario
3700 Kaneff Crescent Unit 501 - Condo photo 4 of 8 in Mississauga, Ontario
3700 Kaneff Crescent Unit 501 - Condo photo 5 of 8 in Mississauga, Ontario
3700 Kaneff Crescent Unit 501 - Condo photo 6 of 8 in Mississauga, Ontario
3700 Kaneff Crescent Unit 501 - Condo photo 7 of 8 in Mississauga, Ontario
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$499,000 - 3700 Kaneff Crescent Unit 501, Mississauga

Condo for Sale in Mississauga

56 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13030946
Property Type
Condo
Status
active
Days on Site
56
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
None
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to this spacious and bright 2+1 bedroom condo in a well-maintained and highly sought-after building near Square One! With approximately 1,195 sq ft of functional living space, this unit features a generous living and dining area, recently renovated flooring and kitchen cabinets, and a well-equipped kitchen with full-size appliances. The large primary bedroom includes a 3-piece ensuite and walk-in closet, while the versatile den can comfortably be used as a third bedroom or home office. Enjoy the convenience of ensuite laundry and the comfort of a move-in ready home. Located within walking distance to transit, parks, schools, and shopping, with easy access to Hwy 403, 410, and the QEW. Building amenities include concierge, gym, indoor pool, party room, and more. Includes one parking space and a locker. Don't miss this opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

3700 Kaneff Crescent Unit 501, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,653

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 $499/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.

Negotiation Opportunity

At 56 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    3700 Kaneff Crescent Unit 501, Mississauga | $499,000 | Battaglia Team