4675 Metcalfe Avenue Unit 1010, Mississauga

Price: $579,888

3 bedrooms, 2 bathrooms

800 sq ft

Property Type: New Construction

MLS#: W12867920

Welcome to refined condo living in the heart of Central Erin Mills - where space, light, and location come together effortlessly. This beautifully designed 2 Bedroom + Den suite offers a highly functional open-concept layout with 9-foot ceilings and expansive windows that fill the home with natural light. The seamless living and dining area walks out to a private balcony, perfect for morning coffee or relaxing evenings. The spacious primary bedroom features large windows, generous closet space, and a private 4-piece ensuite. A versatile den offers the flexibility for a home office, nursery, or creative space - a valuable feature rarely found in condo living. Location is truly exceptional. Just steps to Erin Mills Town Centre, Credit Valley Hospital, parks, restaurants, and everyday conveniences. Families will appreciate being located within the school zone for John Fraser Secondary School and St. Aloysius Gonzaga Secondary School, two of Mississauga's most highly regarded schools. Residents enjoy resort-style amenities including a 24-hour concierge, rooftop pool and terrace with BBQs, fully equipped fitness centre, guest suites, lounge, games room, playground, and pet wash station. A rare opportunity to own a bright, spacious, and exceptionally well-located suite in one of Mississauga's most sought-after communities.

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$579,888 - 4675 Metcalfe Avenue Unit 1010, Mississauga

New Construction for Sale in Mississauga

New — Listed 4 days ago
3Beds
2Baths
~800Sq Ft
New Construction
Property Details
MLS Number
W12867920
Property Type
New Construction
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
~800 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
ORIGIN COLLECTIVE REALTY LTD.
Description

Welcome to refined condo living in the heart of Central Erin Mills - where space, light, and location come together effortlessly. This beautifully designed 2 Bedroom + Den suite offers a highly functional open-concept layout with 9-foot ceilings and expansive windows that fill the home with natural light. The seamless living and dining area walks out to a private balcony, perfect for morning coffee or relaxing evenings. The spacious primary bedroom features large windows, generous closet space, and a private 4-piece ensuite. A versatile den offers the flexibility for a home office, nursery, or creative space - a valuable feature rarely found in condo living. Location is truly exceptional. Just steps to Erin Mills Town Centre, Credit Valley Hospital, parks, restaurants, and everyday conveniences. Families will appreciate being located within the school zone for John Fraser Secondary School and St. Aloysius Gonzaga Secondary School, two of Mississauga's most highly regarded schools. Residents enjoy resort-style amenities including a 24-hour concierge, rooftop pool and terrace with BBQs, fully equipped fitness centre, guest suites, lounge, games room, playground, and pet wash station. A rare opportunity to own a bright, spacious, and exceptionally well-located suite in one of Mississauga's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.12/mo

Includes CMHC insurance ($16,179)

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5-yr fixed avg.

Principal: $521,899Interest: $354,460
Mortgage Amount$538,078
Total Interest$354,460
Est. Property Tax$411/mo
Total Cost$892,537

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

4675 Metcalfe Avenue Unit 1010, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$2,268

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $725/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.

Efficient Living

At 800 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 $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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