1400 Dixie Road Unit 1214, Mississauga

Price: $585,000

1 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12675424

Luxury Condo Living backing onto a lush golf course, just under 1200 sq ft. Whether you're a first-time buyer, downsizing or investing, this condo checks every box.The Fairways know for its resort style living top-tier amenities. Step into elegance with this very spacious, sun-filled condo perched on the 12th floor of a highly sought-after building. Featuring: Oversized Bedroom with ample closet space. Brand-New Kitchen with modern finishes. Updated bath with double sink vanity, glass shower. Open-Concept - huge Living & Dining perfect for entertaining. Insuite laundry, stackable washer/dryer, for convenience. Utility room with gas furnace. Possibilty of making a den or bedroom from the dining area. Large Windows that flood the space with natural light. Insuite storage room, plus a storage locker. Includes 2 owned parking spots, side by side - a rare find! Keep both, rent one for extra income, or sell one if not needed. The choice is yours.All inclusive maintenance fee: Bell Internet and TV, electricy, heat (gas), water, amenities, building insurance. Gated, 24Hr Security Gatehouse for added security. Pet restriction in place. Renowned Building Amenities: Concierge Desk, Billiards, Darts, Library, piano area, Card room & Gallery, Tennis & pickleball courts, BBQ areas, outdoor heated salt water pool, shuffle boards court, monthly social activities include Bingo live concerts, putting green/mini golf, His & Hers Gyms And Saunas, Woodworking Shop, Car wash on lower parking level, manicure & hair salon on lower level and more. The Heritage 'Mcmaster House' Available For Private Functions. Manicured grounds and landscaping, with pond, Japanese garden, Garden lounge and Patios. Prime Location: Minutes to commuter routes, shops, parks & the lake, GO, 15 minutes to Toronto.

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$585,000 - 1400 Dixie Road Unit 1214, Mississauga

Condo for Sale in Mississauga

160 days on market
1Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12675424
Property Type
Condo
Status
active
Days on Site
160
Bedrooms
1
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
North West
Balcony
None
Listing Brokerage
Royal LePage Real Estate Services Ltd., Brokerage
Description

Luxury Condo Living backing onto a lush golf course, just under 1200 sq ft. Whether you're a first-time buyer, downsizing or investing, this condo checks every box.The Fairways know for its resort style living top-tier amenities. Step into elegance with this very spacious, sun-filled condo perched on the 12th floor of a highly sought-after building. Featuring: Oversized Bedroom with ample closet space. Brand-New Kitchen with modern finishes. Updated bath with double sink vanity, glass shower. Open-Concept - huge Living & Dining perfect for entertaining. Insuite laundry, stackable washer/dryer, for convenience. Utility room with gas furnace. Possibilty of making a den or bedroom from the dining area. Large Windows that flood the space with natural light. Insuite storage room, plus a storage locker. Includes 2 owned parking spots, side by side - a rare find! Keep both, rent one for extra income, or sell one if not needed. The choice is yours.All inclusive maintenance fee: Bell Internet and TV, electricy, heat (gas), water, amenities, building insurance. Gated, 24Hr Security Gatehouse for added security. Pet restriction in place. Renowned Building Amenities: Concierge Desk, Billiards, Darts, Library, piano area, Card room & Gallery, Tennis & pickleball courts, BBQ areas, outdoor heated salt water pool, shuffle boards court, monthly social activities include Bingo live concerts, putting green/mini golf, His & Hers Gyms And Saunas, Woodworking Shop, Car wash on lower parking level, manicure & hair salon on lower level and more. The Heritage 'Mcmaster House' Available For Private Functions. Manicured grounds and landscaping, with pond, Japanese garden, Garden lounge and Patios. Prime Location: Minutes to commuter routes, shops, parks & the lake, GO, 15 minutes to Toronto.

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Estimated Payment

$3,001.35/mo

Includes CMHC insurance ($16,322)

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5-yr fixed avg.

Principal: $526,500Interest: $357,584
Mortgage Amount$542,822
Total Interest$357,584
Est. Property Tax$414/mo
Total Cost$900,406

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: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1400 Dixie Road Unit 1214, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,960/mo
Range: $1,666 - $2,254
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,960
Maintenance Fees-$650
Property Tax (est.)-$414
Insurance (est.)-$122
Net Cash Flow+$774

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 $585/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.

Negotiation Opportunity

At 160 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

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 $2,438 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1400 Dixie Road Unit 1214, Mississauga | $585,000 | Battaglia Team