5230 Glen Erin Drive Unit 60, Mississauga

Price: $799,999

4 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13205838

Beautifully updated 2-storey condo townhome in the highly sought-after Central Erin Mills community, located within the John Fraser/Gonzaga school area and minutes to Erin Mills Town Centre, Credit Valley Hospital, Streetsville GO, parks, trails, shopping, and highways 401, 403 & 407.This move-in ready family home offers 3 spacious bedrooms, 3 washrooms, 2 parking spaces, and a finished open-concept basement ideal for a recreation room, home office, gym, kids' play area, or additional family space. The main floor features a bright and functional layout with separate living, dining, and family areas, plus a breakfast area with walk-out to a private yard.Recent upgrades include luxury vinyl flooring throughout, smooth flat ceilings, 55 pot lights, a modern wooden staircase with updated pickets, and major mechanical updates including furnace, air conditioner, and humidifier replaced in 2024. The kitchen features stainless steel appliances, gas stove, built-in microwave, fridge, and dishwasher.The spacious primary bedroom offers a walk-in closet and 4-piece ensuite, while the additional bedrooms are well-sized for a growing family. A fantastic opportunity to own a renovated, carpet-free, move-in ready townhome with excellent space, parking, and school access in one of Mississauga's most desirable family neighbourhoods

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$799,999 - 5230 Glen Erin Drive Unit 60, Mississauga

Condo for Sale in Mississauga

4Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13205838
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
4
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Beautifully updated 2-storey condo townhome in the highly sought-after Central Erin Mills community, located within the John Fraser/Gonzaga school area and minutes to Erin Mills Town Centre, Credit Valley Hospital, Streetsville GO, parks, trails, shopping, and highways 401, 403 & 407.This move-in ready family home offers 3 spacious bedrooms, 3 washrooms, 2 parking spaces, and a finished open-concept basement ideal for a recreation room, home office, gym, kids' play area, or additional family space. The main floor features a bright and functional layout with separate living, dining, and family areas, plus a breakfast area with walk-out to a private yard.Recent upgrades include luxury vinyl flooring throughout, smooth flat ceilings, 55 pot lights, a modern wooden staircase with updated pickets, and major mechanical updates including furnace, air conditioner, and humidifier replaced in 2024. The kitchen features stainless steel appliances, gas stove, built-in microwave, fridge, and dishwasher.The spacious primary bedroom offers a walk-in closet and 4-piece ensuite, while the additional bedrooms are well-sized for a growing family. A fantastic opportunity to own a renovated, carpet-free, move-in ready townhome with excellent space, parking, and school access in one of Mississauga's most desirable family neighbourhoods

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,104.41/mo

Includes CMHC insurance ($22,320)

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5-yr fixed avg.

Principal: $719,999Interest: $489,004
Mortgage Amount$742,319
Total Interest$489,004
Est. Property Tax$567/mo
Total Cost$1,231,323

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

5230 Glen Erin Drive Unit 60, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$1,836

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 $571/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 17 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.

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.

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    5230 Glen Erin Drive Unit 60, M… — $799,999 | Battaglia Team