$898,000 - 5662 Glen Erin Drive Unit 58, Mississauga
Condo for Sale in Mississauga
Popular Listing- MLS Number
- W13246850
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Enjoy this Sun-Filled 3-Bedroom Condo Townhouse in Central Erin Mills Welcome to this beautifully renovated 3 bedroom, 2.5 bathroom condo townhouse nestled in a well managed complex in the heart of sought after Central Erin Mills. Featuring a finished basement with gas Fireplace and double garage accessible from inside, this sunlit home offers exceptional space, comfort, and modern upgrades throughout. The open concept living and dining area showcases elegant hardwood flooring, creating a warm and inviting atmosphere ideal for both everyday living and entertaining. The 2023 newly upgraded and renovated kitchen boasts Quartz countertops, stylish backsplash, and stainless steel appliances, seamlessly combining function and contemporary design. Upstairs, generous bedrooms provide ample living space, while the finished basement adds versatility for a home office, recreation room, or guest area. Enjoy a welcoming front porch and the convenience of direct garage access. Situated within the highly desirable Gonzaga / John Fraser School District, this home offers easy access to GO Transit, public transit, and major highways, making commuting effortless. Close to Credit Valley Conservation (CVC), Credit Valley Hospital, shopping, parks, and amenities, this location truly has it all. A move in ready home offering style, space, and an unbeatable location - not to be missed. Furnace and AC replaced in Jan 2025. Brand new wood stairs April 2026. Condo fee includes all lawn maintenance, snow shovelling upto the doorstep, Access to the Outdoor swimmimg Pool and abundant Visitor Parking.
Estimate your monthly payments for this property
Estimated Payment
$4,607.21/mo
Includes CMHC insurance ($25,054)
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.
5662 Glen Erin Drive Unit 58, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $641/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.
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.
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 $3,742 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.