$949,000 - 470 Faith Drive Unit 62, Mississauga
Condo for Sale in Mississauga
- MLS Number
- W13146918
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Nestled in a vibrant, family-friendly community, this meticulously maintained 3-bedroom, 3.5-bath residence offers exceptional comfort and convenience. Featuring 9 ft ceilings on the main level, the home welcomes you with a spacious foyer and double-door entry, along with convenient direct garage access. The main floor showcases maple hardwood flooring throughout, an elegant oak staircase, and pot lights that brighten the space with a modern touch. California shutters in the living room add both style and privacy. The open-concept layout is ideal for both everyday living and entertaining. The kitchen is equipped with oak cabinetry, stainless steel appliances, built-in microwave, dishwasher, and a breakfast bar with seating for four. The inviting living room features a modern electric fireplace and a walk-out to a spacious, renovated deck - perfect for seamless indoor-outdoor living. Upstairs, laminate flooring continues throughout, offering a stylish, carpet-free upper level. The primary bedroom features a custom walk-in closet with a built-in organizer and a well appointed 4-piece ensuite bathroom. The second and third bedrooms also include custom closet organizers, maximizing storage and functionality for the entire family. All bathrooms have been upgraded with brand new dual-flush toilets, adding both efficiency and modern convenience. The home has been freshly painted within the last three years, reflecting true pride of ownership and move-in-ready appeal. The garage has been thoughtfully upgraded with custom cabinetry and a custom-built loft, providing exceptional additional storage and organization. Ideally situated close to parks, a high school, and nearby shopping plazas, this property is just minutes to Heartland Town Centre and Square One Shopping Centre, providing excellent access to amenities while maintaining a desirable neighbourhood setting. Please note: some photos have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
5-yr fixed avg.
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.
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.
470 Faith Drive Unit 62, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $678/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.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.