$585,000 - 8 Nahani Way Unit 1501, Mississauga
Condo for Sale in Mississauga
- MLS Number
- W12986216
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Mississauga
- Locker
- Exclusive
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Wow! Your Search Ends Right Here With This Truly Show Stopper APARTMENT Sweet APARTMENT ! Absolutely Stunning- 2 Bedrooms Executive CONDOMINIUM - Great Functional Layout - Open Concept Kitchen With Great Quality Appliances With Beautiful Back Splash- Amazing Kitchen With Lots Of Cabinets!! GREAT bright corner unit in the heart of Mississauga City Centre. Absolutely No Disappointments- Please Note It Is 1 Of The Great Models- Don't Forget To Compare The Neighbourhood CONDOS FOR PRICES; This well-laid-out 2-bedroom, 2-bath condo offers a functional open-concept living and dining area with a walk-out to the open balcony, plus unobstructed city views. As a corner unit, it benefits from extra windows and natural light throughout. Enjoy the convenience of in-suite laundry that works well for professionals, couples, or small families. MASTER bedroom features a 4-piece ensuite and a large closet, while the second bedroom offers a window and generous closet space. Includes 1 underground parking space + 1 locker & both located close to the elevators. Enjoy THE excellent amenities including concierge, gym/fitness centre, third-floor BBQ patio' outdoor pool, party room, game room, and visitor parking. Prime City Centre location close to Square One shopping, dining, services, and transit options along the Hurontario corridor (LRT nearby), with convenient access to major HWYS.
Estimate your monthly payments for this property
Estimated Payment
$3,001.35/mo
Includes CMHC insurance ($16,322)
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.
8 Nahani Way Unit 1501, 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 $975/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 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.
Efficient Living
At 600 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 $2,438 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.