$789,999 - 5020 Delaware Drive Unit 25, Mississauga
Condo for Sale in Mississauga
91 days on market- MLS Number
- W12706034
- Property Type
- Condo
- Status
- delisted
- Days on Site
- 91
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Location, Location, Location! Fully renovated, bright, and spacious townhome located in a high-demand area, perfectly situated in the heart of Mississauga at Hurontario & Eglinton. This stunning 3+1 bedroom home offers a fantastic, functional floor plan with plenty of space to entertain family and friends. Unbeatable location just minutes to Square One, major highways 401, 403, 407, 410 & QEW, public transit, shopping, community centres, parks, schools, and restaurants. Enjoy the added convenience and future value of the upcoming Hurontario LRT. Only 20 minutes to Kipling GO/Transit Station and Toronto Pearson International Airport. Set within a well-managed, intimate, community-based complex featuring a dedicated children's playground and ample visitor parking. Low maintenance fees include snow removal, landscaping, window cleaning, roof repair, window repair, condo insurance, and all exterior structural repairs. The beautifully finished basement offers a bedroom, one full bathroom, and living room adding valuable living space-perfect for a home office, media room, gym, or recreation area. Energy efficient and extensive upgrades including: Energy-efficient Heat pump (2024) High-efficiency furnace & humidifier (2024) Energy-efficient Heat pump water heater (2024) -- fully owned (no rental contract) Heavy-duty dryer (2025) Roof replacement (2023) Attic insulation (2024) First & second floor updates (2022) Renovated kitchen (2022) New basement bathroom (2025)A move-in-ready home in a prime location-this one truly checks all the boxes.
Estimate your monthly payments for this property
Estimated Payment
$4,053.10/mo
Includes CMHC insurance ($22,041)
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.
5020 Delaware Drive Unit 25, 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 $564/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 91 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.
Bathroom Count Matters
With 3 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.