$448,000 - 6500 Montevideo Road Unit 509, Mississauga
Condo for Sale in Mississauga
New — Listed yesterday- MLS Number
- W12882114
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- ~800 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Century 21 Miller Real Estate Ltd.
This bright, spacious 1-bedroom + Den condo offers larger than average square footage for this price point, delivering a layout that feels genuinely usable and comfortable compared to many newer builds. The unit has been thoughtfully laid out and exceptionally well cared for, and it shows. Large windows flood the space with natural light and frame a great city view. The kitchen features new appliances including a fridge and stove replaced in 2025, a new rangehood, and a built-in dishwasher new in 2025. The washing machine and dryer are approximately 6 years old. Updates throughout the unit pair nicely with a strong design sensibility, creating a home that feels polished and inviting without trying too hard. A rare bonus, this unit includes two side by side parking spaces in the garage and bbqs are allowed on the terrace. The well maintained building backs directly onto Lake Aquitaine Park, offering walking trails and expansive green space right outside your door. Residents enjoy access to a gym and clean, well cared for common areas, with building windows scheduled for an upcoming update. There are no special assessments and the reserve fund is strong. Condo fees are truly all inclusive, covering all utilities, internet, and cable. Located in a quiet, established neighbourhood, the building is within walking distance to Meadowvale Community Centre and library, with grocery stores, restaurants, and shopping nearby. Quick access to Highway 401 keeps commuting simple while still enjoying a peaceful setting. This is a rare opportunity to secure a spacious, well maintained condo with outstanding value with tasteful decor and a location that balances calm living with everyday convenience.
Estimate your monthly payments for this property
Estimated Payment
$2,298.47/mo
Includes CMHC insurance ($12,499)
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.
6500 Montevideo Road Unit 509, 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 25+ years of GTA real estate experience
Competitive Pricing
At $560/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.
Efficient Living
At 800 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.