$479,900 - 570 Lolita Gardens Unit 401, Mississauga
Condo for Sale in Mississauga
- MLS Number
- W13172684
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- SHORELINE REALTY CORP.
Welcome to 570 Lolita Gardens #401. Tucked into a unique position within the building, this unit offers extra privacy with no neighbour on side or above, along with additional outdoor space thanks to its oversized balcony - a rare feature compared to other units in the building. The suite has clearly been well cared for over the years, making it an excellent option for a first-time buyer, downsizer, or anyone looking for a fresh start in a well-connected Mississauga neighbourhood.One of the standout features is the extra-large balcony, created by the unit's unique placement within the building. Inside, the layout is functional and easy to live in. The kitchen remains connected to the main living space, while the bedroom is set slightly off to the side for added comfort and separation. The four-piece bathroom is clean and practical, and the overall flow of the suite makes everyday living feel simple and comfortable.The parking situation deserves its own mention, because two underground parking spots in a one-bedroom condo is genuinely hard to find. Even better, the spaces are located directly beside each other. The underground locker, conveniently situated on the same level as the parking, adds another layer of practicality. The building itself continues the theme of easy living, with residents enjoying access to an exercise room, party room, and a fourth-floor rooftop patio complete with BBQs. Location-wise, 570 Lolita Gardens keeps everyday essentials close at hand. Grocery runs are simple with No Frills nearby, while Cedarbrae Park offers green space just minutes away. For someone looking for a home that feels thoughtfully maintained, well-balanced, and easy to settle into for their next chapter, Unit 401 presents a compelling opportunity.
Estimate your monthly payments for this property
Estimated Payment
$2,462.14/mo
Includes CMHC insurance ($13,389)
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.
570 Lolita Gardens Unit 401, 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
Fair Market Value
At $960/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.
Market Position
At 21 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.
Efficient Living
At 500 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.