$389,000 - 1000 Cedarglen Gate Unit 501, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Erindale
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- W13754276
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $2,802
- Maintenance Fees
- $1,344/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Welcome to this bright and spacious two-storey home in the heart of Erindale. Designed to offer the comfort and privacy of a house, this beautifully maintained residence features two generous bedrooms, one bathroom, internet, and two underground parking spaces. The open-concept living and dining areas are filled with natural light and provide plenty of room for everyday living, working from home, and entertaining. The updated eat-in kitchen offers stainless steel appliances, abundant cabinetry, a centre island and direct access to a private covered balcony-the perfect place to enjoy your morning coffee or unwind at the end of the day.A beautifully renovated bathroom makes a striking impression with its contemporary finishes, illuminated mirror, floating toilet and glass-enclosed tub and shower. Additional features include ensuite laundry, excellent interior storage and convenient access to the underground garage. Situated in a well-established community close to Huron Park and Recreation Centre, schools, parks, shopping, public transit, Erindale GO and the University of Toronto Mississauga. A wonderful opportunity for buyers seeking generous living space, a practical multi-level layout and the convenience of two parking spaces.
Estimate your monthly payments for this property
Estimated Payment
$1,995.77/mo
Includes CMHC insurance ($10,853)
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.
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
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.
1000 Cedarglen Gate Unit 501, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Competitive Pricing
At $389/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 29 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. The $1344/month fees should cover building insurance, common elements, and reserve contributions.
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.