1615 Bloor Street Unit 1203, Mississauga

Price: $509,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13584826

Welcome to Suite 1203 at 1615 Bloor Street, a bright, spacious, and exceptionally well- maintained condo offering the perfect blend of comfort, style, and convenience. This inviting home features a functional open-concept layout with combined living and dining areas, ideal for both everyday living and entertaining. The modern kitchen is equipped with quartz countertops and stainless steel appliances, providing both elegance and practicality. Offering two generously sized bedrooms, one full bathroom, a convenient powder room, in-suite owned laundry, and additional storage space, this unit is thoughtfully designed to meet your everyday needs. One underground parking space is also included. Enjoy an impressive selection of building amenities, including a daycare on the main level, indoor swimming pool, sauna, fitness centre, park, visitor parking, and more. Situated in a highly desirable location with easy access to transit, shopping, schools, parks, and major highways, this is an excellent opportunity for first-time buyers, downsizers, or investors alike. Government-funded daycare on-site, with priority enrolment for building residents

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$509,000 - 1615 Bloor Street Unit 1203, Mississauga

Condo for Sale in Mississauga

34 days on market

Neighbourhood: Applewood

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W13584826
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
Ensuite
Exposure
South
Balcony
Enclosed
Listing Brokerage
RE/MAX SKYWAY REALTY INC.
Description

Welcome to Suite 1203 at 1615 Bloor Street, a bright, spacious, and exceptionally well- maintained condo offering the perfect blend of comfort, style, and convenience. This inviting home features a functional open-concept layout with combined living and dining areas, ideal for both everyday living and entertaining. The modern kitchen is equipped with quartz countertops and stainless steel appliances, providing both elegance and practicality. Offering two generously sized bedrooms, one full bathroom, a convenient powder room, in-suite owned laundry, and additional storage space, this unit is thoughtfully designed to meet your everyday needs. One underground parking space is also included. Enjoy an impressive selection of building amenities, including a daycare on the main level, indoor swimming pool, sauna, fitness centre, park, visitor parking, and more. Situated in a highly desirable location with easy access to transit, shopping, schools, parks, and major highways, this is an excellent opportunity for first-time buyers, downsizers, or investors alike. Government-funded daycare on-site, with priority enrolment for building residents

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,611.43/mo

Includes CMHC insurance ($14,201)

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5-yr fixed avg.

Principal: $458,100Interest: $311,129
Mortgage Amount$472,301
Total Interest$311,129
Est. Property Tax$361/mo
Total Cost$783,430

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: Applewood

Established Character and Convenience

Applewood is one of Mississauga's earliest suburbs, known for its mid-century homes, mature landscaping, and convenient central location. The neighbourhood offers excellent value with proximity to shopping, transit, and major employers. Applewood has maintained its character while benefiting from ongoing renovations and updates.

Why Live in Applewood

  • Central location with excellent access
  • Mature trees and established gardens
  • Strong community identity
  • Close to Dixie and Bloor shopping
  • Good value for the location

Nearby Schools

Applewood Heights Secondary SchoolPublic High School
Father Michael Goetz CSSCatholic High School
Applewood Public SchoolPublic Elementary
St. Alfred Catholic SchoolCatholic Elementary

Transit & Commuting

  • Multiple MiWay bus routes
  • Dixie GO Station nearby
  • Easy access to Highway 401 and QEW
  • 10-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Applewood Hills Park
  • Burnhamthorpe Community Centre (nearby)
  • Dixie Outlet Mall
  • Local shopping plazas
  • Community library

Lifestyle & Community

Applewood offers practical, comfortable living with excellent connectivity. The neighbourhood appeals to those seeking value in a central location with good transit access.

65
Walk Score
$600K - $1.2M
Price Range

1615 Bloor Street Unit 1203, 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-$520
Property Tax (est.)-$361
Insurance (est.)-$106
Net Cash Flow+$1,213

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 $636/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.

Market Position

At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Efficient Living

At 800 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 Applewood

I know Applewood 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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    1615 Bloor Street Unit 1203, Mississauga | $509,000 | Battaglia Team