1615 Bloor Street Unit 305, Mississauga

Price: $390,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W12916698

Great opportunity for first-time buyers or investors. Priced to sell. Spacious 2-bedroom plus den condo with a bright living area and walkout to a large enclosed balcony. Includes ensuite storage/locker, a main bathroom with tub, and a powder room in the primary bedroom.Maintenance fees include all utilities (heat, hydro, and water). Convenient location close to schools, shopping, parks, and transit, with easy access to highways, Pearson Airport, and downtown Toronto. Building amenities include outdoor pool, gym, sauna, playground, visitor parking, and more. roperty being sold in "as is, where is" condition without any warranties.

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$390,000 - 1615 Bloor Street Unit 305, Mississauga

Condo for Sale in Mississauga

105 days on market

Neighbourhood: Applewood

2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W12916698
Property Type
Condo
Status
active
Days on Site
105
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
Enclosed
Listing Brokerage
ROYAL LEPAGE TERRA REALTY
Description

Great opportunity for first-time buyers or investors. Priced to sell. Spacious 2-bedroom plus den condo with a bright living area and walkout to a large enclosed balcony. Includes ensuite storage/locker, a main bathroom with tub, and a powder room in the primary bedroom.Maintenance fees include all utilities (heat, hydro, and water). Convenient location close to schools, shopping, parks, and transit, with easy access to highways, Pearson Airport, and downtown Toronto. Building amenities include outdoor pool, gym, sauna, playground, visitor parking, and more. roperty being sold in "as is, where is" condition without any warranties.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,000.90/mo

Includes CMHC insurance ($10,881)

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5-yr fixed avg.

Principal: $351,000Interest: $238,390
Mortgage Amount$361,881
Total Interest$238,390
Est. Property Tax$276/mo
Total Cost$600,271

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 305, 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)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,388

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 $557/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 105 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.

Efficient Living

At 700 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 305, Mississauga | $390,000 | Battaglia Team