5480 Glen Erin Drive Unit 73, Mississauga

Price: $999,900

3 bedrooms, 4 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W13207154

Imagine enjoying the space and comfort of a traditional home-without the stress of exterior maintenance, snow shoveling, or endless upkeep. Welcome to a lifestyle designed for ease, comfort, and connection at the prestigious Enclave on the Park in the heart of Central Erin Mills. Known for its beautifully landscaped grounds, peaceful atmosphere, and true sense of community, this highly sought-after enclave offers an exceptional low-maintenance lifestyle ideal for downsizers, professionals, and families alike. Residents enjoy an outdoor pool, clubhouse, private park-like setting, and the convenience of landscaping, snow removal (even to your garage door), roof, windows, and much of the exterior maintenance all professionally managed. This beautifully maintained 3-bedroom townhome offers a spacious and functional layout filled with warmth and natural light. A large skylight brightens the upper level, while hardwood flooring and two gas fireplaces create an inviting atmosphere throughout the home. The updated kitchen features quartz countertops, refreshed cabinetry, and an open-concept design overlooking the dining and living areas-perfect for entertaining or everyday comfort. The second-floor laundry room adds practicality and convenience rarely found in townhome living. The spacious primary retreat features large windows, a walk-in closet, additional closet space, and a 5-piece ensuite with a brand new glass shower. Two additional bedrooms offer generous space for family, guests, or a home office. The finished basement provides even more living space with a large recreation room, built-in cabinetry, workshop area, and additional storage. Located in the highly regarded John Fraser SS district and close to parks, shopping, transit, and major highways. Rare opportunities like this don't come along often in one of Mississauga's most admired communities.

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$999,900 - 5480 Glen Erin Drive Unit 73, Mississauga

Condo for Sale in Mississauga

3Beds
4Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W13207154
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
3
Bathrooms
4
Square Feet
1,600 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Imagine enjoying the space and comfort of a traditional home-without the stress of exterior maintenance, snow shoveling, or endless upkeep. Welcome to a lifestyle designed for ease, comfort, and connection at the prestigious Enclave on the Park in the heart of Central Erin Mills. Known for its beautifully landscaped grounds, peaceful atmosphere, and true sense of community, this highly sought-after enclave offers an exceptional low-maintenance lifestyle ideal for downsizers, professionals, and families alike. Residents enjoy an outdoor pool, clubhouse, private park-like setting, and the convenience of landscaping, snow removal (even to your garage door), roof, windows, and much of the exterior maintenance all professionally managed. This beautifully maintained 3-bedroom townhome offers a spacious and functional layout filled with warmth and natural light. A large skylight brightens the upper level, while hardwood flooring and two gas fireplaces create an inviting atmosphere throughout the home. The updated kitchen features quartz countertops, refreshed cabinetry, and an open-concept design overlooking the dining and living areas-perfect for entertaining or everyday comfort. The second-floor laundry room adds practicality and convenience rarely found in townhome living. The spacious primary retreat features large windows, a walk-in closet, additional closet space, and a 5-piece ensuite with a brand new glass shower. Two additional bedrooms offer generous space for family, guests, or a home office. The finished basement provides even more living space with a large recreation room, built-in cabinetry, workshop area, and additional storage. Located in the highly regarded John Fraser SS district and close to parks, shopping, transit, and major highways. Rare opportunities like this don't come along often in one of Mississauga's most admired communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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

5480 Glen Erin Drive Unit 73, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,284

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 $625/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 16 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.

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.

Bathroom Count Matters

With 4 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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    5480 Glen Erin Drive Unit 73, M… — $999,900 | Battaglia Team