1615 Bloor Street Unit 801, Mississauga

Price: $495,000

4 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13564742

Spacious and move-in ready, this beautifully maintained condo offers a bright, functional layout with plenty of room for comfortable everyday living. ***The maintenance fee includes heat, hydro, water, building insurance, and common elements,*** making this property an excellent value with more predictable monthly expenses. This apartment features carpetfree flooring throughout and a bright, functional layout with a large living room, dining area and kitchen The spacious balcony provides additional room to relax and enjoy the outdoors. The thoughtfully designed kitchen is equipped with new appliances, a water purifier, improved exhaust ventilation, and practical storage features, including dedicated drawers for pots, pans, and lids.The unit also offers the convenience of in-suite laundry, eliminating the need to use the building's shared coin laundry facilities. A generously sized in-unit storage room with built-in shelving provides plenty of additional space for keeping household items neatly organized. There are three well-proportioned bedrooms, one full bathroom, and one powder room. The full bathroom features a walk-in shower and grab bars beside the toilet and inside the shower for added accessibility. Window coverings are included. The building also offers an internal antenna system that provides access to security camera views and more than 20 television channels. Conveniently located close to shopping, schools, parks, public transit, and everyday amenities, it also offers easy access to Kipling GO Station and Dixie GO Station. This spacious, well-cared-for condo is an excellent opportunity for buyers seeking a move-in-ready home with generous living space and maintenance fees that cover most major utilities.

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$495,000 - 1615 Bloor Street Unit 801, Mississauga

Condo for Sale in Mississauga

40 days on market

Neighbourhood: Applewood

4Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13564742
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
4
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
INTERNATIONAL REALTY FIRM, INC.
Description

Spacious and move-in ready, this beautifully maintained condo offers a bright, functional layout with plenty of room for comfortable everyday living. ***The maintenance fee includes heat, hydro, water, building insurance, and common elements,*** making this property an excellent value with more predictable monthly expenses. This apartment features carpetfree flooring throughout and a bright, functional layout with a large living room, dining area and kitchen The spacious balcony provides additional room to relax and enjoy the outdoors. The thoughtfully designed kitchen is equipped with new appliances, a water purifier, improved exhaust ventilation, and practical storage features, including dedicated drawers for pots, pans, and lids.The unit also offers the convenience of in-suite laundry, eliminating the need to use the building's shared coin laundry facilities. A generously sized in-unit storage room with built-in shelving provides plenty of additional space for keeping household items neatly organized. There are three well-proportioned bedrooms, one full bathroom, and one powder room. The full bathroom features a walk-in shower and grab bars beside the toilet and inside the shower for added accessibility. Window coverings are included. The building also offers an internal antenna system that provides access to security camera views and more than 20 television channels. Conveniently located close to shopping, schools, parks, public transit, and everyday amenities, it also offers easy access to Kipling GO Station and Dixie GO Station. This spacious, well-cared-for condo is an excellent opportunity for buyers seeking a move-in-ready home with generous living space and maintenance fees that cover most major utilities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,539.61/mo

Includes CMHC insurance ($13,811)

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5-yr fixed avg.

Principal: $445,500Interest: $302,571
Mortgage Amount$459,311
Total Interest$302,571
Est. Property Tax$351/mo
Total Cost$761,882

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 801, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$585
Property Tax (est.)-$351
Insurance (est.)-$103
Net Cash Flow+$2,041

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 $550/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 40 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 900 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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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    1615 Bloor Street Unit 801, Mississauga | $495,000 | Battaglia Team