1624 Bloor Street Unit 82, Mississauga

Price: $479,000

5 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13557060

Exceptional Value! One of the largest true 5-bedroom, 3-bathroom condo townhomes in the highly desirable Applewood community, offered for under $600,000! This beautifully renovated 2-storey home has been updated from top to bottom and features elegant hardwood flooring on the main level, modern pot lights, and a stunning gourmet kitchen with abundant cabinetry, quartz countertops, and stylish finishes.A rare find in the complex, this home offers two full bathrooms, providing added convenience for growing families. Enjoy bright, sun-filled living spaces with desirable southwest exposure and relax on the spacious private balcony. Includes underground parking and access to outstanding resort-style amenities.Ideally located just steps to excellent schools, shopping, public transit, and only minutes to the GO Train, Costco, major highways, and all essential amenities.

1624 Bloor Street Unit 82 - Condo photo 1 of 19 in Mississauga, Ontario
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$479,000 - 1624 Bloor Street Unit 82, Mississauga

Condo for Sale in Mississauga

42 days on market

Neighbourhood: Applewood

5Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13557060
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
5
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Exceptional Value! One of the largest true 5-bedroom, 3-bathroom condo townhomes in the highly desirable Applewood community, offered for under $600,000! This beautifully renovated 2-storey home has been updated from top to bottom and features elegant hardwood flooring on the main level, modern pot lights, and a stunning gourmet kitchen with abundant cabinetry, quartz countertops, and stylish finishes.A rare find in the complex, this home offers two full bathrooms, providing added convenience for growing families. Enjoy bright, sun-filled living spaces with desirable southwest exposure and relax on the spacious private balcony. Includes underground parking and access to outstanding resort-style amenities.Ideally located just steps to excellent schools, shopping, public transit, and only minutes to the GO Train, Costco, major highways, and all essential amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,457.52/mo

Includes CMHC insurance ($13,364)

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5-yr fixed avg.

Principal: $431,100Interest: $292,791
Mortgage Amount$444,464
Total Interest$292,791
Est. Property Tax$339/mo
Total Cost$737,255

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

1624 Bloor Street Unit 82, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,880/mo
Range: $3,298 - $4,462
Cap Rate (ROI)
6.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,880
Maintenance Fees-$910
Property Tax (est.)-$339
Insurance (est.)-$100
Net Cash Flow+$2,531

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 $342/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 42 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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

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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    1624 Bloor Street Unit 82, Mississauga | $479,000 | Battaglia Team