530 Lolita Gardens Unit 308, Mississauga

Price: $439,999

3 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13045864

Large renovated three bedroom condo offering the largest floor plan in the building. Bright and spacious layout with a practical split bedroom design and excellent natural light throughout. Modern kitchen with stainless steel appliances and a stylish backsplash. Separate dining room ideal for everyday living and entertaining. Updated four piece bathroom and a generous ensuite storage room. Walkout to a private balcony with unobstructed south views and beautiful sunrises and sunsets. Well maintained building with recent improvements including new windows in 2023, new exterior stucco in 2023 and new balconies in 2024. Amenities include an indoor pool, gym, sauna and games room. Two parking spots included, one owned and one rental. Located in a desirable Mississauga Valleys neighbourhood directly across from Cedarbrae Park, offering green space, walking trails and recreational facilities. Close to schools, parks, transit, shopping and everyday amenities, with Square One Shopping Centre nearby and easy access to major highways including the 403 and QEW. **All utilities included in the maintenance fees and cable tv** Building Amenities include: Indoor Pool, Party Room, and Gym.

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New Listing
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$439,999 - 530 Lolita Gardens Unit 308, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago
3Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13045864
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Ensuite
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Large renovated three bedroom condo offering the largest floor plan in the building. Bright and spacious layout with a practical split bedroom design and excellent natural light throughout. Modern kitchen with stainless steel appliances and a stylish backsplash. Separate dining room ideal for everyday living and entertaining. Updated four piece bathroom and a generous ensuite storage room. Walkout to a private balcony with unobstructed south views and beautiful sunrises and sunsets. Well maintained building with recent improvements including new windows in 2023, new exterior stucco in 2023 and new balconies in 2024. Amenities include an indoor pool, gym, sauna and games room. Two parking spots included, one owned and one rental. Located in a desirable Mississauga Valleys neighbourhood directly across from Cedarbrae Park, offering green space, walking trails and recreational facilities. Close to schools, parks, transit, shopping and everyday amenities, with Square One Shopping Centre nearby and easy access to major highways including the 403 and QEW. **All utilities included in the maintenance fees and cable tv** Building Amenities include: Indoor Pool, Party Room, and Gym.

Mortgage Calculator

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Estimated Payment

$2,257.42/mo

Includes CMHC insurance ($12,276)

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5-yr fixed avg.

Principal: $395,999Interest: $268,952
Mortgage Amount$408,275
Total Interest$268,952
Est. Property Tax$312/mo
Total Cost$677,227

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 308, 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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