$699,000 - 4950 Albina Way Unit 182, Mississauga
Condo for Sale in Mississauga
New — Listed 5 days ago- MLS Number
- W13412780
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Welcome to one of the most sought-after addresses in Mississauga! Absolutely Stunning Freshly Painted 3-Bedroom Corner Townhouse, In the Heart of Mississauga! This spectacular townhouse is nestled in a high-demand neighbourhood that continues to attract buyers and investors alike.As a coveted corner unit, this home is flooded with natural light from multiple exposures, creating a bright, airy atmosphere that you'll fall in love with the moment you walk in. Freshly painted throughout, everything feels crisp, clean, and completely move-in ready - just unpack and enjoy.One of the largest units in the complex, this home offers generous living space that's hard to find, all while enjoying a low monthly maintenance fee compared to many other units in the development - outstanding value that savvy buyers will immediately recognize. Extra Large Garage for storage needs.Thoughtfully Updated - Major Items Already Done:Fridge (2024)Dishwasher (2022)Air Conditioner (2022)Front Door (2020)Peace of mind comes built-in - the big-ticket items have been taken care of so you don't have to.Unbeatable Location - Everything at Your Doorstep:Situated steps from Square One Shopping Centre, with quick access to Hwy 403 & 401, commuting across the GTA is effortless. Transit riders will love the proximity to existing routes and the future LRT, making this an exceptionally smart long-term investment. Families will appreciate being close to top-rated schools and parks, while everyday conveniences - grocery stores, coffee shops, and restaurants - are all just a short stroll away.Whether you're a first-time buyer, growing family, or savvy investor, this is the opportunity you've been waiting for. Homes like this don't last in Mississauga - book your showing today! Some Photos Virtually Staged.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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.
4950 Albina Way Unit 182, 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 $437/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.
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.
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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.