55 Eglinton Avenue Unit 706, Mississauga

Price: $484,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13440446

Welcome to Unit 706 at 55 Eglinton Avenue W, a fantastic 1+Den condo in the heart of Mississauga's vibrant Hurontario and Eglinton community. This bright and inviting suite offers unobstructed views and an abundance of natural light through floor-to-ceiling windows. The functional open-concept layout features a spacious den, perfect for a home office, guest space, or additional living area. The well-designed kitchen boasts a U-shaped layout, providing ample counter space and storage for everyday living and entertaining. Step out onto your private balcony and enjoy your morning coffee or unwind after a long day while taking in the open views. The generously sized bedroom offers excellent closet space and convenient semi-ensuite access, creating a comfortable and private retreat. Residents enjoy an impressive selection of resort-style amenities, including an indoor pool, hot tub, saunas, fully equipped fitness centre, yoga studio, BBQ terrace, library with workstations, theatre room, and party room. Ideally located at the corner of Hurontario Street and Eglinton Avenue, just minutes from shopping, restaurants, transit, major highways, parks, and the future Hurontario LRT. This is an exceptional opportunity to own in one of Mississauga's most desirable communities. Newer Stove, washer & dryer.

55 Eglinton Avenue Unit 706 - Condo photo 1 of 17 in Mississauga, Ontario
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New Listing
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$484,900 - 55 Eglinton Avenue Unit 706, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13440446
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
META REALTY INC.
Description

Welcome to Unit 706 at 55 Eglinton Avenue W, a fantastic 1+Den condo in the heart of Mississauga's vibrant Hurontario and Eglinton community. This bright and inviting suite offers unobstructed views and an abundance of natural light through floor-to-ceiling windows. The functional open-concept layout features a spacious den, perfect for a home office, guest space, or additional living area. The well-designed kitchen boasts a U-shaped layout, providing ample counter space and storage for everyday living and entertaining. Step out onto your private balcony and enjoy your morning coffee or unwind after a long day while taking in the open views. The generously sized bedroom offers excellent closet space and convenient semi-ensuite access, creating a comfortable and private retreat. Residents enjoy an impressive selection of resort-style amenities, including an indoor pool, hot tub, saunas, fully equipped fitness centre, yoga studio, BBQ terrace, library with workstations, theatre room, and party room. Ideally located at the corner of Hurontario Street and Eglinton Avenue, just minutes from shopping, restaurants, transit, major highways, parks, and the future Hurontario LRT. This is an exceptional opportunity to own in one of Mississauga's most desirable communities. Newer Stove, washer & dryer.

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Estimate your monthly payments for this property

Estimated Payment

$2,487.79/mo

Includes CMHC insurance ($13,529)

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5-yr fixed avg.

Principal: $436,410Interest: $296,398
Mortgage Amount$449,939
Total Interest$296,398
Est. Property Tax$343/mo
Total Cost$746,337

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

55 Eglinton Avenue Unit 706, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$343
Insurance (est.)-$101
Net Cash Flow+$1,366

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

Fair Market Value

At $808/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    55 Eglinton Avenue Unit 706, Mi… — $484,900 | Battaglia Team