4655 Metcalfe Avenue Unit 2207, Mississauga

Price: $690,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13223960

Welcome to one of Erin Square's most desirable residences - a rare 22nd-floor corner suite offering elevated living in the heart of Mississauga. This bright and spacious 2-bedroom + den, 2-bathroom condo features 945 sq ft of thoughtfully designed living space with 9-foot ceilings, floor-to-ceiling windows, and breathtaking panoramic views. Designed for both comfort and style, the suite showcases a custom built-in entertainment wall with a sleek integrated 36-bottle wine display, an open-concept kitchen with full-size stainless steel appliances, water softener, generous counter space, and seamless flow into the living and dining areas; perfect for entertaining. The spacious primary retreat features a cozy electric fireplace, walk-in closet, and private ensuite bath, while the versatile den offers the ideal space for a home office, nursery, or guest area. Enjoy the convenience of in-suite laundry and access to an exceptional collection of luxury amenities including an outdoor pool, rooftop terrace with BBQs, state-of-the-art fitness centre, yoga studio, theatre room, games room, sauna, pet spa, private dining area, chef's kitchen, party room, and 24-hour concierge.Ideally located minutes from Highways 403 & 407, top shopping, restaurants, parks, and transit right at your doorstep - this is upscale condo living at its finest.

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$690,000 - 4655 Metcalfe Avenue Unit 2207, Mississauga

Condo for Sale in Mississauga

Popular Listing
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13223960
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
REMIC REALTY INC.
Description

Welcome to one of Erin Square's most desirable residences - a rare 22nd-floor corner suite offering elevated living in the heart of Mississauga. This bright and spacious 2-bedroom + den, 2-bathroom condo features 945 sq ft of thoughtfully designed living space with 9-foot ceilings, floor-to-ceiling windows, and breathtaking panoramic views. Designed for both comfort and style, the suite showcases a custom built-in entertainment wall with a sleek integrated 36-bottle wine display, an open-concept kitchen with full-size stainless steel appliances, water softener, generous counter space, and seamless flow into the living and dining areas; perfect for entertaining. The spacious primary retreat features a cozy electric fireplace, walk-in closet, and private ensuite bath, while the versatile den offers the ideal space for a home office, nursery, or guest area. Enjoy the convenience of in-suite laundry and access to an exceptional collection of luxury amenities including an outdoor pool, rooftop terrace with BBQs, state-of-the-art fitness centre, yoga studio, theatre room, games room, sauna, pet spa, private dining area, chef's kitchen, party room, and 24-hour concierge.Ideally located minutes from Highways 403 & 407, top shopping, restaurants, parks, and transit right at your doorstep - this is upscale condo living at its finest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,540.06/mo

Includes CMHC insurance ($19,251)

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5-yr fixed avg.

Principal: $621,000Interest: $421,766
Mortgage Amount$640,251
Total Interest$421,766
Est. Property Tax$489/mo
Total Cost$1,062,017

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

4655 Metcalfe Avenue Unit 2207, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$489
Insurance (est.)-$144
Net Cash Flow+$1,462

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 $767/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.

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.

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.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    4655 Metcalfe Avenue Unit 2207 | $690,000 | Battaglia Team