$2,600/mo - 4655 Metcalfe Avenue Unit PH 2203, Mississauga
Condo for Rent in Mississauga
105 days on market- MLS Number
- W12756642
- Property Type
- Condo
- Status
- active
- Days on Site
- 105
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
***Heat, Water, Internet Included***Amazing bright penthouse condo available for Rent, 1 bedroom plus Large Den and 2 full Bathrooms, perfectly situated in one of Mississauga's most desirable locations, Across from Erin Mills Town Centre, Building is only 3 years old, the unit offers, 10-ft ceilings, floor-to-ceiling windows, Open concept living Room with a walkout to a large balcony that offers beautiful north-facing open views. The modern kitchen features upgraded quartz countertops, extended cabinetry, and a large island. The living area easily accommodates a large sectional and TV Area, while the versatile den can serve as a dining space, home office, or play area. The primary bedroom offers 4 pc Ensuite with Glass shower and a large Closet. This Building offers fantastic amenities including an outdoor pool with BBQ area, a fully equipped fitness center with yoga room, theatre room, elegant party lounge, guest suites, and a pet washing station. Prime location just minutes to HWYs 403/401/407, Go Bus Station and close to Streetsville Go Train station, across Erin Mills Town Centre, Credit Valley Hospital, top schools, restaurants, and scenic parks. Parking and locker included. A rare opportunity to lease a penthouse that blends luxury, lifestyle, and location.
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.
4655 Metcalfe Avenue Unit PH 2203, Mississauga
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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.
Efficient Living
At 600 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.
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.