135 Hillcrest Avenue Unit 510, Mississauga

Price: $450,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13859902

Welcome to Suite 510 at Emerald Gate, a 971 sq. ft. 2-bedroom, 2-bathroom suite in vibrant Cooksville. Filled with natural light and offering a generous layout, this suite presents an excellent opportunity for buyers looking to create value in one of Mississauga's most transit-connected locations. The existing layout provides a solid foundation for a future refresh, while the versatile den offers additional living space and can easily serve as a sunlit reading nook, home office or quiet retreat, adding flexibility for both end users and investors. The building's extensive amenities add everyday convenience with 24-hour security/concierge, fitness facilities, sauna, recreation/party room, tennis and squash courts, outdoor patio and garden areas, visitor parking and underground parking. A notably quiet building offers a peaceful living environment, complementing the convenience and connectivity of the location. Cooksville GO Station is just steps away, with schools, restaurants, shopping and everyday amenities nearby. Square One Shopping Centre, Highway 403 and the QEW are easily accessible, while the future Hazel McCallion LRT line will provide another convenient transit connection. For investors, this well-connected suite creates strong potential for monthly rental income, while future improvements offer an opportunity to add value over time. Do not delay on this offering!

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active
New Listing

$450,000 - 135 Hillcrest Avenue Unit 510, Mississauga

Condo for Sale in Mississauga

New — Listed today

Neighbourhood: Cooksville

2Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
W13859902
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Taxes (2026)
$2,470
Maintenance Fees
$501/mo
Locker
None
Exposure
South East
Balcony
None
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Welcome to Suite 510 at Emerald Gate, a 971 sq. ft. 2-bedroom, 2-bathroom suite in vibrant Cooksville. Filled with natural light and offering a generous layout, this suite presents an excellent opportunity for buyers looking to create value in one of Mississauga's most transit-connected locations. The existing layout provides a solid foundation for a future refresh, while the versatile den offers additional living space and can easily serve as a sunlit reading nook, home office or quiet retreat, adding flexibility for both end users and investors. The building's extensive amenities add everyday convenience with 24-hour security/concierge, fitness facilities, sauna, recreation/party room, tennis and squash courts, outdoor patio and garden areas, visitor parking and underground parking. A notably quiet building offers a peaceful living environment, complementing the convenience and connectivity of the location. Cooksville GO Station is just steps away, with schools, restaurants, shopping and everyday amenities nearby. Square One Shopping Centre, Highway 403 and the QEW are easily accessible, while the future Hazel McCallion LRT line will provide another convenient transit connection. For investors, this well-connected suite creates strong potential for monthly rental income, while future improvements offer an opportunity to add value over time. Do not delay on this offering!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.73/mo

Includes CMHC insurance ($12,555)

$
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5%10%50%

5-yr fixed avg.

Principal: $405,000Interest: $275,065
Mortgage Amount$417,555
Total Interest$275,065
Est. Property Tax$319/mo
Total Cost$692,620

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: Cooksville

Downtown Mississauga Living

Cooksville is Mississauga's original downtown, centered around the intersection of Hurontario and Dundas. Today, the neighbourhood is experiencing significant intensification with new high-rise developments joining established residential areas. Cooksville offers excellent transit connectivity and is positioned to benefit from the Hurontario LRT.

Why Live in Cooksville

  • •Central downtown Mississauga location
  • •Future Hurontario LRT stop
  • •Diverse dining and shopping options
  • •Excellent transit connections
  • •Mix of high-rise and low-rise housing

Nearby Schools

Gordon Graydon Memorial SSPublic High School
Cawthra Park Secondary SchoolPublic High School
Floradale Public SchoolPublic Elementary
Holy Name of Mary Catholic SchoolCatholic Elementary

Transit & Commuting

  • •Cooksville GO Station
  • •Future Hurontario LRT
  • •Major MiWay hub
  • •Easy access to Highway 403 and QEW

Parks & Amenities

  • •Cooksville Creek Trail
  • •Mississauga Central Library
  • •Celebration Square (nearby)
  • •Diverse restaurants and shops
  • •Community health services

Lifestyle & Community

Cooksville offers urban convenience with multicultural vibrancy. The neighbourhood is ideal for those who prioritize transit access and diverse amenities.

78
Walk Score
$400K - $900K
Price Range

135 Hillcrest Avenue Unit 510, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$501
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,366

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. The $501/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Cooksville

I know Cooksville 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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    135 Hillcrest Avenue Unit 510, Mississauga | $450,000 | Battaglia Team