$407,000 - 1050 Stainton Drive Unit 112, Mississauga
Condo for Sale in Mississauga
New — Listed 2 days agoNeighbourhood: Erindale
- MLS Number
- W13523114
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- Exclusive
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX CHAMPIONS REALTY INC.
Bright and spacious multi-storey home in the heart of Erindale! This well-maintained residence features a functional layout with a combined family and dining room, plus a rare main-floor bedroom with an attached washroom and walk in closet ideal for guests, extended family, or convenient main-level living. Enjoy the expansive backyard, perfect for barbecues and outdoor entertaining. The second floor offers two generous bedrooms, a full bathroom, and convenient ensuite laundry. Recent upgrades include all new windows and a new patio door (2026). Dishwasher July 2026. Residents enjoy excellent amenities, including a party room, fitness centre, library, bike storage, Sauna and a private locker. Located in one of Mississauga's most sought-after neighbourhoods, this home is within a top-rated school district and just minutes from parks, walking trails, shopping, transit, the GO Train, and playgrounds. A fantastic opportunity for families, first-time buyers, or investors seeking exceptional value in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$2,088.12/mo
Includes CMHC insurance ($11,355)
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.
1050 Stainton Drive Unit 112, 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 $339/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.