1000 Cedarglen Gate Unit 217, Mississauga

Price: $399,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13440112

Step into this bright, upgraded two-level home offering 1,124 sq ft, 2 bedrooms, 2 bathrooms, and 2 owned underground parking spots. The main level showcases an open-concept kitchen with island and generous walk-in pantry/storage, a living room and dining area that opens to a private balcony ideal for morning coffee or evening entertaining. The lower level features a spacious primary suite with walk-in closet, convenient 2-pc ensuite and walk-out to a ground-level patio where BBQ is permitted, plus a second bedroom, full 4-pc bath, and in-unit laundry. Nestled steps from Huron Park and the Recreation Centre and close to University of Toronto Mississauga, golf courses, shopping, schools, hospital, Erindale GO and MiWay transit, this home blends suburban convenience with outdoor lifestyle. Water, internet & Bell Fibe TV included in maintenance fees.

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$399,000 - 1000 Cedarglen Gate Unit 217, Mississauga

Condo for Sale in Mississauga

Neighbourhood: Erindale

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13440112
Property Type
Condo
Status
active
Days on Site
25
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
MAIN STREET REALTY LTD.
Description

Step into this bright, upgraded two-level home offering 1,124 sq ft, 2 bedrooms, 2 bathrooms, and 2 owned underground parking spots. The main level showcases an open-concept kitchen with island and generous walk-in pantry/storage, a living room and dining area that opens to a private balcony ideal for morning coffee or evening entertaining. The lower level features a spacious primary suite with walk-in closet, convenient 2-pc ensuite and walk-out to a ground-level patio where BBQ is permitted, plus a second bedroom, full 4-pc bath, and in-unit laundry. Nestled steps from Huron Park and the Recreation Centre and close to University of Toronto Mississauga, golf courses, shopping, schools, hospital, Erindale GO and MiWay transit, this home blends suburban convenience with outdoor lifestyle. Water, internet & Bell Fibe TV included in maintenance fees.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

1000 Cedarglen Gate Unit 217, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,344

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $399/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 25 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.

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.

About Erindale

I know Erindale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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.

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    1000 Cedarglen Gate Unit 217, Mississauga | $399,000 | Battaglia Team