4699 Glen Erin Drive Unit 705, Mississauga

Price: $599,000

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W12922274

Bright Quite South Exposure, Functional & Efficient Space 2 Bed+ Den * Den can be used as extra bedroom * Large Balcony W/Unblocked View To The Park * Situated On 8 Acres Of Extensively Landscaped Grounds & Gardens *17,000 Sq.ft Amenity Building W/Indoor Pool, Steam Rooms & Saunas, Fitness Club, Library/Study Retreat, Rooftop Terrace W/Bbqs * AAA location, Steps To Erin Mills Town Centre's Endless Shops & Dining, Schools, Credit Valley Hospital, Top Ranked John Fraser School District * Locker and parking included * High end inside condition, 9" Smooth Ceilings, Wide Plank Laminate Flooring Throughout , Porcelain Floor Tiles In Bathroom, Stone Counter Tops, Kitchen Island, Large Stainless Appliances

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$599,000 - 4699 Glen Erin Drive Unit 705, Mississauga

Condo for Sale in Mississauga

82 days on market
3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W12922274
Property Type
Condo
Status
active
Days on Site
82
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Bright Quite South Exposure, Functional & Efficient Space 2 Bed+ Den * Den can be used as extra bedroom * Large Balcony W/Unblocked View To The Park * Situated On 8 Acres Of Extensively Landscaped Grounds & Gardens *17,000 Sq.ft Amenity Building W/Indoor Pool, Steam Rooms & Saunas, Fitness Club, Library/Study Retreat, Rooftop Terrace W/Bbqs * AAA location, Steps To Erin Mills Town Centre's Endless Shops & Dining, Schools, Credit Valley Hospital, Top Ranked John Fraser School District * Locker and parking included * High end inside condition, 9" Smooth Ceilings, Wide Plank Laminate Flooring Throughout , Porcelain Floor Tiles In Bathroom, Stone Counter Tops, Kitchen Island, Large Stainless Appliances

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

4699 Glen Erin Drive Unit 705, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,531

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 $749/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 82 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 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.

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    4699 Glen Erin Drive Unit 705, Mississauga | $599,000 | Battaglia Team