1525 South Parade Court Unit 28, Mississauga

Price: $649,000

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13847944

Welcome to 1525 South Parade Court, Unit 28. This well maintained 2+1 bedroom, 3 bathroom home offers over 1,000 sq. ft. of living space with a practical layout across three levels. The main floor features hardwood flooring and a bright open living and dining area with a walk out to a large balcony. The ground floor also has a walk out to the fenced yard, with a gate that provides direct pedestrian access to Creditview and convenient access to transit. There are two spacious bedrooms upstairs, while the lower level room provides flexibility for a home office, guest room, or additional bedroom. With three bathrooms throughout the home, there is plenty of convenience for everyday living. The home includes one garage parking space and one private driveway parking space, providing parking for two vehicles. Conveniently located close to transit, shopping and everyday amenities. The flexible layout makes this home a good fit for first time buyers, downsizers, or a small family.

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active
New Listing
1/23

$649,000 - 1525 South Parade Court Unit 28, Mississauga

Condo for Sale in Mississauga

New — Listed 6 days ago

Neighbourhood: East Credit

3Beds
3Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
W13847944
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Taxes (2025)
$3,949
Maintenance Fees
$195/mo
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to 1525 South Parade Court, Unit 28. This well maintained 2+1 bedroom, 3 bathroom home offers over 1,000 sq. ft. of living space with a practical layout across three levels. The main floor features hardwood flooring and a bright open living and dining area with a walk out to a large balcony. The ground floor also has a walk out to the fenced yard, with a gate that provides direct pedestrian access to Creditview and convenient access to transit. There are two spacious bedrooms upstairs, while the lower level room provides flexibility for a home office, guest room, or additional bedroom. With three bathrooms throughout the home, there is plenty of convenience for everyday living. The home includes one garage parking space and one private driveway parking space, providing parking for two vehicles. Conveniently located close to transit, shopping and everyday amenities. The flexible layout makes this home a good fit for first time buyers, downsizers, or a small family.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

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5%10%50%

5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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: East Credit

Discover East Credit

East Credit 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 East Credit

  • •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

East Credit 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

1525 South Parade Court Unit 28, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$195
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,970

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 $649/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 $195/month fees should cover building insurance, common elements, and reserve contributions.

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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    1525 South Parade Court Unit 28 | $649,000 | Battaglia Team