$640,000 - 7255 Dooley Drive Unit 47, Mississauga
Condo for Sale in Mississauga
- MLS Number
- W12893620
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- East West
- Balcony
- None
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Spacious and upgraded 4+1 bedroom, 2 baths Townhouse with very low monthly fee of $230. includes Internet. Rare Opportunity to own this 4 bedroom property in Mississauga. This is the perfect find for first-time buyers, growing families, or savvy investors. THE HOME: Featuring a functional and great layout, the main level boasts a generous living room with a walk-out to a private, fully fenced backyard-your own quiet oasis for summer entertaining. The open-concept dining area flows into a modern kitchen complete with custom cabinetry, a pantry, and premium finishes.**Unique to this model, the Master Bedroom occupies its own private level and features a full wall of custom "his & hers" closets.**VERSATILITY& SPACE: With 4 spacious bedrooms above grade, including a 4th bedroom perfect for a home office or guest suite, there is no shortage of space.** The finished lower level adds even more value with a cozy recreation room (potential an extra bedroom). There is a dedicated laundry/utility room, plus a massive amounts of additional storage tucked away. under the stairs **PARKING & EXTERIOR: Private driveway and a deep garage, accommodating 2 vehicles total. The home sits in a quiet, well-maintained complex that prioritizes value and low carrying costs.**PRIME LOCATION: Unbeatable convenience! walk across to a major shopping plaza, Tim Hortons, banks, and public transit. For commuters, you are minutes away from Hwy 427, 401, and Pearson Airport, offering the perfect blend of suburban comfort and urban accessibility.**INVESTOR ALERT: Rare 4-bedroom layouts with such low condo fees makes for a strong rental potential and long-term capital growth. Don't miss out on this blend of space, comfort, and incredible value. Schedule your tour today!
Estimate your monthly payments for this property
Estimated Payment
$3,283.53/mo
Includes CMHC insurance ($17,856)
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.
7255 Dooley Drive Unit 47, 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 $533/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.
Market Position
At 18 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
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 $2,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.