15 Watergarden Drive Unit 302, Mississauga

Price: $499,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13865354

Welcome to Gemma Condos at Pinnacle Uptown! This New Large 1 Bedroom + Den, 1 Bathroom suite offers 630 sq. ft. of thoughtfully designed, open-concept living space, complemented by a large private Terrace with unobstructed city views. Floor-to-ceiling windows flood the sun-filled living and dining area with natural light. The versatile den is ideal for a dedicated home office or reading nook, while the modern kitchen comes equipped with sleek stainless steel appliances, contemporary cabinetry, and premium finishes. Additional features include a generous primary bedroom, a pristine 4-piece bath, and convenient in-suite laundry. This unit includes 1 underground parking space and 1 locker. Residents enjoy premium building amenities, including a 24-hour concierge, state-of-the-art fitness center, and an elegant party room. Unbeatably located in Mississauga's master-planned Pinnacle Uptown community, you're steps from the upcoming Hurontario LRT, local cafes, dining, parks, and shopping. Minutes to Square One, Celebration Square, and Whole Foods, with quick access to Highways 403, 401, 407, and GO Transit for seamless commuting. *Photos from before Tenant Moved-In, and Property Tax Not Yet Assessed"

15 Watergarden Drive Unit 302 - Condo photo 1 of 8 in Mississauga, Ontario
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$499,000 - 15 Watergarden Drive Unit 302, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Hurontario

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
W13865354
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Maintenance Fees
$535/mo
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
MAPLE LIFE REALTY INC.
Description

Welcome to Gemma Condos at Pinnacle Uptown! This New Large 1 Bedroom + Den, 1 Bathroom suite offers 630 sq. ft. of thoughtfully designed, open-concept living space, complemented by a large private Terrace with unobstructed city views. Floor-to-ceiling windows flood the sun-filled living and dining area with natural light. The versatile den is ideal for a dedicated home office or reading nook, while the modern kitchen comes equipped with sleek stainless steel appliances, contemporary cabinetry, and premium finishes. Additional features include a generous primary bedroom, a pristine 4-piece bath, and convenient in-suite laundry. This unit includes 1 underground parking space and 1 locker. Residents enjoy premium building amenities, including a 24-hour concierge, state-of-the-art fitness center, and an elegant party room. Unbeatably located in Mississauga's master-planned Pinnacle Uptown community, you're steps from the upcoming Hurontario LRT, local cafes, dining, parks, and shopping. Minutes to Square One, Celebration Square, and Whole Foods, with quick access to Highways 403, 401, 407, and GO Transit for seamless commuting. *Photos from before Tenant Moved-In, and Property Tax Not Yet Assessed"

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Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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: Hurontario

Discover Hurontario

Hurontario 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 Hurontario

  • •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

Hurontario 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

15 Watergarden Drive Unit 302, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$535
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,208

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

Fair Market Value

At $832/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 $535/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 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 Hurontario

I know Hurontario 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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    15 Watergarden Drive Unit 302, Mississauga | $499,000 | Battaglia Team