665 Cricklewood Drive Unit 707, Mississauga

Price: $749,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W12826322

Welcome to The Reserve- East Mineola! Make this beautifully designed 2 bedroom, 2 bathroom townhouse your next home in the lovely Mineola neighborhood. Conveniently located just off of Cawthra Road and minutes away from Port Credit, this home is within walking distance of Mississauga Civic Centre, Dellwood Park, Lynwood tennis club, top-rated schools (Cawthra Park Secondary School, Janet L. McDougal Public School, St. Paul Catholic Secondary School and more), lakefront trails, shopping and so much more! This unit is like-new, built in 2021, it features modern touches throughout, including 9-foot ceilings, laminate floors (no carpet), quartz countertops, and a spacious primary bedroom with private ensuite washroom. The second bedroom offers a walkout balcony, making it ideal for a second bedroom or office. One underground parking space and one storage locker are included.

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$749,000 - 665 Cricklewood Drive Unit 707, Mississauga

Condo for Sale in Mississauga

36 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12826322
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE PORRITT REAL ESTATE
Description

Welcome to The Reserve- East Mineola! Make this beautifully designed 2 bedroom, 2 bathroom townhouse your next home in the lovely Mineola neighborhood. Conveniently located just off of Cawthra Road and minutes away from Port Credit, this home is within walking distance of Mississauga Civic Centre, Dellwood Park, Lynwood tennis club, top-rated schools (Cawthra Park Secondary School, Janet L. McDougal Public School, St. Paul Catholic Secondary School and more), lakefront trails, shopping and so much more! This unit is like-new, built in 2021, it features modern touches throughout, including 9-foot ceilings, laminate floors (no carpet), quartz countertops, and a spacious primary bedroom with private ensuite washroom. The second bedroom offers a walkout balcony, making it ideal for a second bedroom or office. One underground parking space and one storage locker are included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

665 Cricklewood Drive Unit 707, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,008

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $832/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 36 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 900 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.

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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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