1001 Cedarglen Gate Unit 617, Mississauga

Price: $519,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13859428

Rarely does a condo offering this much value, space, and perspective come to market. Welcome to suite 617 at 1001 Cedarglen Gate, an exceptionally spacious 2-bedroom plus den, 2-bathroom residence perched on the highly coveted 6th floor of a boutique mid-rise building in the heart of Erindale. This premium suite offers breathtaking, panoramic views that you can count on remaining completely unobstructed. Step inside to discover a rare, fully open-concept kitchen-meticulously updated to flow effortlessly into your massive living and dining areas. Complete with brand-new, never-before-used stainless steel appliances, it is a modern, sun-drenched space that truly sets this suite apart from today's typical condo layouts. The generous den offers the perfect footprint for a true home office or studio. The building is exceptionally well-maintained, with attentive property management and an all-inclusive maintenance fee that covers all utilities for ultimate budgeting convenience. Ideally located just minutes from Huron Park, the University of Toronto Mississauga (UTM), Credit Valley Hospital, major highways, and everyday transit. For buyers who value true square footage, modern updates, and elite views without sacrificing condo convenience, this is an opportunity increasingly difficult to find. We invite you to come see it for yourself, compare the space, compare the views-and experience what true premium building value looks like.

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active
New Listing
1/50

$519,900 - 1001 Cedarglen Gate Unit 617, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Erindale

3Beds
2Baths
1,000Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
W13859428
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Taxes (2026)
$2,654
Maintenance Fees
$1,084/mo
Locker
Exclusive
Exposure
South East
Balcony
Enclosed
Listing Brokerage
HOMELIFE CLASSIC REALTY INC.
Description

Rarely does a condo offering this much value, space, and perspective come to market. Welcome to suite 617 at 1001 Cedarglen Gate, an exceptionally spacious 2-bedroom plus den, 2-bathroom residence perched on the highly coveted 6th floor of a boutique mid-rise building in the heart of Erindale. This premium suite offers breathtaking, panoramic views that you can count on remaining completely unobstructed. Step inside to discover a rare, fully open-concept kitchen-meticulously updated to flow effortlessly into your massive living and dining areas. Complete with brand-new, never-before-used stainless steel appliances, it is a modern, sun-drenched space that truly sets this suite apart from today's typical condo layouts. The generous den offers the perfect footprint for a true home office or studio. The building is exceptionally well-maintained, with attentive property management and an all-inclusive maintenance fee that covers all utilities for ultimate budgeting convenience. Ideally located just minutes from Huron Park, the University of Toronto Mississauga (UTM), Credit Valley Hospital, major highways, and everyday transit. For buyers who value true square footage, modern updates, and elite views without sacrificing condo convenience, this is an opportunity increasingly difficult to find. We invite you to come see it for yourself, compare the space, compare the views-and experience what true premium building value looks like.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,667.36/mo

Includes CMHC insurance ($14,505)

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5-yr fixed avg.

Principal: $467,910Interest: $317,792
Mortgage Amount$482,415
Total Interest$317,792
Est. Property Tax$368/mo
Total Cost$800,207

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 617, 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)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$1,084
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$1,200

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 $520/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.

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 617, Mississauga | $519,900 | Battaglia Team