1500 Grazia Court Unit 607, Mississauga

Price: $469,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13844922

Welcome to Peppermill Court! This bright and spacious 2-bedroom, 2-bathroom condo offers an excellent opportunity to enjoy generous living space in a well-kept, smaller-scale building. Floor-to-ceiling windows provide an abundance of natural light and pleasant neighbourhood views. Two parking spaces add exceptional convenience and value, particularly compared to many newer buildings. The spacious layout offers plenty of room to live comfortably, with an opportunity to update and personalize to your own taste. Building amenities include a party room and fitness room. Ideally situated in an established Mississauga neighbourhood close to shopping, dining, transit and everyday conveniences. A wonderful combination of space, light and parking in a desirable community!

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active
New Listing
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$469,900 - 1500 Grazia Court Unit 607, Mississauga

Condo for Sale in Mississauga

New — Listed 7 days ago

Neighbourhood: Rathwood

2Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
W13844922
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Taxes (2026)
$2,905
Maintenance Fees
$1,082/mo
Locker
Exclusive
Exposure
North East
Balcony
None
Listing Brokerage
Royal Lepage Real Estate Associates, Larose Team
Description

Welcome to Peppermill Court! This bright and spacious 2-bedroom, 2-bathroom condo offers an excellent opportunity to enjoy generous living space in a well-kept, smaller-scale building. Floor-to-ceiling windows provide an abundance of natural light and pleasant neighbourhood views. Two parking spaces add exceptional convenience and value, particularly compared to many newer buildings. The spacious layout offers plenty of room to live comfortably, with an opportunity to update and personalize to your own taste. Building amenities include a party room and fitness room. Ideally situated in an established Mississauga neighbourhood close to shopping, dining, transit and everyday conveniences. A wonderful combination of space, light and parking in a desirable community!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

$
$
5%10%50%

5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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: Rathwood

Family-Focused Community Living

Rathwood is a quiet, family-oriented neighbourhood in central Mississauga, known for its safe streets, good schools, and community amenities. The area offers a mix of townhomes and detached houses, many with mature landscaping and updates. Rathwood provides excellent value for families seeking a suburban lifestyle with urban convenience.

Why Live in Rathwood

  • •Family-friendly atmosphere
  • •Good schools and community programs
  • •Affordable entry point for families
  • •Quiet, safe residential streets
  • •Close to major shopping centres

Nearby Schools

Lincoln Alexander Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Rathburn Public SchoolPublic Elementary
St. Bernadette Catholic SchoolCatholic Elementary

Transit & Commuting

  • •Square One transit terminal nearby
  • •MiWay bus routes
  • •Highway 403 access
  • •15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • •Rathwood Community Park
  • •Square One Shopping Centre (nearby)
  • •Mississauga Central Library (nearby)
  • •Local community centre
  • •Multiple parks and playgrounds

Lifestyle & Community

Rathwood offers comfortable family living with excellent value. The neighbourhood is ideal for those seeking a safe, community-oriented environment near urban amenities.

55
Walk Score
$650K - $1.2M
Price Range

1500 Grazia Court Unit 607, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$1,082
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$847

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 $470/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 $1082/month fees should cover building insurance, common elements, and reserve contributions.

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 Rathwood

I know Rathwood 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.

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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    1500 Grazia Court Unit 607, Mississauga | $469,900 | Battaglia Team