$629,900 - 49 Queen Street Unit 1004, Mississauga
Condo for Sale in Mississauga
47 days on market- MLS Number
- W13074276
- Property Type
- Condo
- Status
- active
- Days on Site
- 47
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CITYSCAPE REAL ESTATE LTD.
Top floor, two-storey condo that lives like a private penthouse townhouse. The only unit of its kind in the building with no neighboring balconies beside or above - total privacy outside and in, and an exceptionally quiet corner position with incredible sunset views. Two private entrances (one per level) offer flexible duplex-style living with turnkey income potential. The townhouse feel has a highly functional layout with private climate controls and generous storage in every room, and a large pantry under the stairs. Features three bedrooms plus an XL bonus room, two designer renovated bathrooms and ensuite laundry (a rare find in this building). Stunning kitchen with brand new luxury Italian Forno Fridge & Induction Range (never before used, still with protective packaging). Pet-friendly building that welcomes dogs. Located in a smaller, quiet building with a close-knit community, offering a more peaceful alternative to large, busy towers. Just two short blocks from Lakeshore and steps to Port Credit's waterfront, parks, cafés, and restaurants, and right by the GO Train - 25 minutes to downtown. Enjoy life in Port Credit, Mississauga's premier waterfront neighborhood.
Estimate your monthly payments for this property
Estimated Payment
$3,231.71/mo
Includes CMHC insurance ($17,574)
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.
49 Queen Street Unit 1004, 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 $525/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 47 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
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 $2,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.