1001 Cedarglen Gate Unit 221, Mississauga

Price: $499,988

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13690546

This wonderfully renovated 2+1 condo is just what you've been looking for! The kitchen features beautiful quartz countertops and matching backsplash, modern white cabinetry and hardware, stainless steel appliances, ceramic floors and more! The 2 full bathrooms have been tastefully updated with new vanities, upgraded lighting and new fixtures. The open concept living and dining areas are bright and spacious with large windows, built-in storage shelves, custom ceiling lighting and openings to both the kitchen and the solarium. The primary bedroom includes custom ceiling lighting, large windows, a 4-piece bath and a large walk-in closet. The second bedroom looks out through sliding doors to the solarium and includes a large double closet and custom ceiling lighting. The solarium is the perfect space for relaxing at the end of the day with a lovely view through full width windows - a wonderful reading space or home office. This unit includes an ensuite laundry conveniently located in its own room with a door off of the kitchen and includes extra storage shelving. With underground parking, storage locker and an amazing location near everything you need, this unit is the perfect place for you to call home. Come and check out this incredible value - nothing to do but move in and enjoy! Extras: All utilities included in maintenance. Close to Huron Park Recreation Centre, Real Canadian Superstore, Home Depot, Canadian Tire, public transit, Credit Valley Golf Club, UTM, 18 Minutes to Pearson, easy access to the QEW or 403.

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New Listing
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$499,988 - 1001 Cedarglen Gate Unit 221, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Erindale

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13690546
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
West
Balcony
None
Listing Brokerage
Royal LePage Real Estate Associates
Description

This wonderfully renovated 2+1 condo is just what you've been looking for! The kitchen features beautiful quartz countertops and matching backsplash, modern white cabinetry and hardware, stainless steel appliances, ceramic floors and more! The 2 full bathrooms have been tastefully updated with new vanities, upgraded lighting and new fixtures. The open concept living and dining areas are bright and spacious with large windows, built-in storage shelves, custom ceiling lighting and openings to both the kitchen and the solarium. The primary bedroom includes custom ceiling lighting, large windows, a 4-piece bath and a large walk-in closet. The second bedroom looks out through sliding doors to the solarium and includes a large double closet and custom ceiling lighting. The solarium is the perfect space for relaxing at the end of the day with a lovely view through full width windows - a wonderful reading space or home office. This unit includes an ensuite laundry conveniently located in its own room with a door off of the kitchen and includes extra storage shelving. With underground parking, storage locker and an amazing location near everything you need, this unit is the perfect place for you to call home. Come and check out this incredible value - nothing to do but move in and enjoy! Extras: All utilities included in maintenance. Close to Huron Park Recreation Centre, Real Canadian Superstore, Home Depot, Canadian Tire, public transit, Credit Valley Golf Club, UTM, 18 Minutes to Pearson, easy access to the QEW or 403.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.20/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $449,989Interest: $305,620
Mortgage Amount$463,939
Total Interest$305,620
Est. Property Tax$354/mo
Total Cost$769,559

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

1001 Cedarglen Gate Unit 221, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,652

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 $500/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    1001 Cedarglen Gate Unit 221, Mississauga | $499,988 | Battaglia Team