$1,079,000 - 55 Eglinton Avenue Unit 2402, Mississauga
Condo for Sale in Mississauga
New — Listed yesterday- MLS Number
- W13050102
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- North East
- Balcony
- Enclosed
- Listing Brokerage
- DISCOVER REAL ESTATE INC.
Pinnacle at Uptown, Stunning Penthouse over 1,800 SF of space, Breathtaking Unobstructed panoramic view of east, west and North from two balconies, Open concept. 9 Feet high Ceiling. 3 Bedrooms and a DEN with French Door (potential for 4th bedroom) in addition to a breakfast room with walk out to the Balcony. SPA like Bathroom, Floor to Ceiling windows. 2 walk in closet with added shelfing / closet. Full size laundry machines and Dryer. Luxury Amenities with 2 Parking and 2 Lockers. Walk To Shops, Restaurants, Parks, Public Transit & Easy Access To Sq 1 Shopping Mall And Easy Access To Major Highway 403, 401 and future LRT at the doorstep. State of art amenities includes Indoor Pool, Fitness Center, 24/7 Security for comfort and safety. Exercise and Party room, Outdoor Terrace with BBQ Area. A designer Chef's Kitchen with large breakfast Room attached to the Kitchen. Modern Kitchen with Breakfast counter, Quartz countertop, Back splash and Full size appliances. Building Amenities Include 24/7 Concierge & Security, Swimming Pool, Gym & Sauna, Party Room, Large Terrace, Ample Visitor Parking & So Much More! Conveniently Located Near Good Schools, Shopping Centre, Grocery Stores, Hwy's & Hospitals!
Estimate your monthly payments for this property
Estimated Payment
$4,772.78/mo
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.
55 Eglinton Avenue Unit 2402, 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 $674/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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.