5530 Glen Erin Drive Unit #28, Mississauga

Price: $799,800

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12919462

Ravine lot! Welcome to this spacious, open-concept home. Backing onto a serene forest, Sugar Maple Woods, this property offers the perfect spot to enjoy your morning coffee while taking in the peaceful views and local wildlife. Move-in ready and professionally painted throughout. Updated Kitchen with gas stove makes cooking a breeze. Primary bedroom offers a walk in closet and ensuite bathroom. Custom California shutters throughout. Conveniently located with easy access to shopping, transit, and schools- all in a highly sought-after neighbourhood. Minutes to fabulous shopping at Erin Mills Town Centre, supermarkets, wonderful restaurants and Credit Valley Hospital. Commuters delight with easy access to Highways 403, 407 and Streetsville GO Station. Close to Thomas Street Middle School and attached to the highly ranked John Fraser Secondary School. Upgrades: Roof (2018), Furnace (2018), Air Conditioning (2018), Appliances including Gas Stove (2018). Upper bathrooms were renovated 2 years ago with classic, modern finishes. Extra loft storage space in Garage. Window replacement is ongoing. Well-managed complex with low maintenance fees. Maintenance includes: lawn care, landscaping, mutual road maintenance and building insurance.

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$799,800 - 5530 Glen Erin Drive Unit #28, Mississauga

Condo for Sale in Mississauga

83 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12919462
Property Type
Condo
Status
active
Days on Site
83
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North East
Balcony
None
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Ravine lot! Welcome to this spacious, open-concept home. Backing onto a serene forest, Sugar Maple Woods, this property offers the perfect spot to enjoy your morning coffee while taking in the peaceful views and local wildlife. Move-in ready and professionally painted throughout. Updated Kitchen with gas stove makes cooking a breeze. Primary bedroom offers a walk in closet and ensuite bathroom. Custom California shutters throughout. Conveniently located with easy access to shopping, transit, and schools- all in a highly sought-after neighbourhood. Minutes to fabulous shopping at Erin Mills Town Centre, supermarkets, wonderful restaurants and Credit Valley Hospital. Commuters delight with easy access to Highways 403, 407 and Streetsville GO Station. Close to Thomas Street Middle School and attached to the highly ranked John Fraser Secondary School. Upgrades: Roof (2018), Furnace (2018), Air Conditioning (2018), Appliances including Gas Stove (2018). Upper bathrooms were renovated 2 years ago with classic, modern finishes. Extra loft storage space in Garage. Window replacement is ongoing. Well-managed complex with low maintenance fees. Maintenance includes: lawn care, landscaping, mutual road maintenance and building insurance.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.39/mo

Includes CMHC insurance ($22,314)

$
$
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5-yr fixed avg.

Principal: $719,820Interest: $488,882
Mortgage Amount$742,134
Total Interest$488,882
Est. Property Tax$567/mo
Total Cost$1,231,017

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

5530 Glen Erin Drive Unit #28, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$1,406

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 $667/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.

Negotiation Opportunity

At 83 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 3 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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    5530 Glen Erin Drive Unit #28… — $799,800 | Battaglia Team