530 Lolita Gardens Unit 1407, Mississauga

Price: $439,900

3 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13433224

Beautiful large 3 BDRM condo with unique split bedroom design, lots of light! Upgraded kitchen, quartz countertop, modern stainless appliances, B/I micro & dishwasher, backsplash, b/I pantry! New electrical panel/ not fuses and also a hookup for European stack washer & dryer if desired, lovely extended new balcony & windows are new also (2024).The exterior of the building has been refaced with stucco! Very well managed building & common areas! Bathroom 4 pc renovated in 2021.Entire condo freshly painted! Immaculate condition, laminate flooring throughout, primary bedroom has IKEA extra his & hers closets. Amenities include indoor pool, gym, sauna & games room. Located in desirable neighbourhood, across from large park, greenspace, walking trails, walk to schools, transit, shopping & restaurants; easy access to 403 & QEW. A/C through the wall on main level, Portable A/C in upper levels. Watch the fireworks from your balcony. Condo fees include hydro, water, heat (electric), cable INC & internet (Bell Fibre) & (1) underground parking space. You can rent a second spot for $30/month by contacting management. Lots of spaces available (parking pass in visitors is only enforced after 11 PM). Shows Great 10++

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New Listing
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$439,900 - 530 Lolita Gardens Unit 1407, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
3Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13433224
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Beautiful large 3 BDRM condo with unique split bedroom design, lots of light! Upgraded kitchen, quartz countertop, modern stainless appliances, B/I micro & dishwasher, backsplash, b/I pantry! New electrical panel/ not fuses and also a hookup for European stack washer & dryer if desired, lovely extended new balcony & windows are new also (2024).The exterior of the building has been refaced with stucco! Very well managed building & common areas! Bathroom 4 pc renovated in 2021.Entire condo freshly painted! Immaculate condition, laminate flooring throughout, primary bedroom has IKEA extra his & hers closets. Amenities include indoor pool, gym, sauna & games room. Located in desirable neighbourhood, across from large park, greenspace, walking trails, walk to schools, transit, shopping & restaurants; easy access to 403 & QEW. A/C through the wall on main level, Portable A/C in upper levels. Watch the fireworks from your balcony. Condo fees include hydro, water, heat (electric), cable INC & internet (Bell Fibre) & (1) underground parking space. You can rent a second spot for $30/month by contacting management. Lots of spaces available (parking pass in visitors is only enforced after 11 PM). Shows Great 10++

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,256.92/mo

Includes CMHC insurance ($12,273)

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5-yr fixed avg.

Principal: $395,910Interest: $268,891
Mortgage Amount$408,183
Total Interest$268,891
Est. Property Tax$312/mo
Total Cost$677,075

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

530 Lolita Gardens Unit 1407, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$312
Insurance (est.)-$92
Net Cash Flow+$1,706

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 $440/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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    530 Lolita Gardens Unit 1407, Mississauga | $439,900 | Battaglia Team