$554,900 - 1001 Cedarglen Gate Unit 609, Mississauga
Condo for Sale in Mississauga
New — Listed todayNeighbourhood: Erindale
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- MLS Number
- W14125306
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $2,654
- Maintenance Fees
- $1,084/mo
- Locker
- Exclusive
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP OLD MILL REALTY INC.
Beautifully renovated 2 bedroom, 2 full bathroom plus a sunroom suite is for sale. All new stainless steel kitchen appliances. High quality laminate flooring throughout. The large master bedroom can comfortably fit a king size bed. 2nd room is converted to an office. condo fees include all utilities. This spacious, sun filled condo is located in a quiet, well-managed building close to the intersection of Dundas Street West and Mavis Road. Building amenities include an indoor pool, hot tub, sauna, gym and party room. The location is incredibly convenient, with Huron Park and Westdale Mall nearby and a bus stop right at your door. The suite is ready for you to move in and enjoy. Great value and opportunity!
Estimate your monthly payments for this property
Estimated Payment
$2,846.92/mo
Includes CMHC insurance ($15,482)
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.
1001 Cedarglen Gate Unit 609, 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
Competitive Pricing
At $555/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. The $1084/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.
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 $2,312 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.