1051 Cedarglen Gate Unit 51, Mississauga

Price: $868,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13225558

Completely renovated and redesigned Townhouse with sophisticated designer finishes, clean lines, and a warm modern esthetic throughout. Featuring an open-concept layout overlooking living room with fireplace and walkout to a private backyard. Open concept kitchen with Bosh, KitchenAid appliances combined with spacious Dining Room. This home offers the perfect balance of style, comfort, and functionality. Finished basement with 3 piece renovated washroom, heated floors and heated towel rack. Thoughtfully updated with textured finishes, natural tones, and elegant architectural details creating a truly inviting atmosphere. Located in the heart of Mississauga, walking distance to all amenities.

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$868,000 - 1051 Cedarglen Gate Unit 51, Mississauga

Condo for Sale in Mississauga

36 days on market

Neighbourhood: Erindale

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13225558
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
Enclosed
Listing Brokerage
ROYAL LEPAGE REALTY PLUS OAKVILLE
Description

Completely renovated and redesigned Townhouse with sophisticated designer finishes, clean lines, and a warm modern esthetic throughout. Featuring an open-concept layout overlooking living room with fireplace and walkout to a private backyard. Open concept kitchen with Bosh, KitchenAid appliances combined with spacious Dining Room. This home offers the perfect balance of style, comfort, and functionality. Finished basement with 3 piece renovated washroom, heated floors and heated towel rack. Thoughtfully updated with textured finishes, natural tones, and elegant architectural details creating a truly inviting atmosphere. Located in the heart of Mississauga, walking distance to all amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,453.29/mo

Includes CMHC insurance ($24,217)

$
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5%10%50%

5-yr fixed avg.

Principal: $781,200Interest: $530,570
Mortgage Amount$805,417
Total Interest$530,570
Est. Property Tax$615/mo
Total Cost$1,335,987

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

1051 Cedarglen Gate Unit 51, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$615
Insurance (est.)-$181
Net Cash Flow+$1,344

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 $723/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 36 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. 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    1051 Cedarglen Gate Unit 51, Mississauga | $868,000 | Battaglia Team