200 burnhamthorpe Road Unit 1502, Mississauga

Price: $424,900

1 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W14034258

Welcome to Compass Creek a newly renovated boutique building just steps away to Square One and City Centre. Enjoy being surrounded by acres of dedicated greenery, Cooksville creek and the scenic walking trails of Mississauga valley. This bright, spacious one-bedroom with extra large den (which can serve as a separate dining area) , totally open concept kitchen with center island eating area all in immaculate move in condition. The suite highlights newer laminate flooring in most areas. Enjoy premium building amenities including a recently updated: (lobby , gym, party room, and hallways) , outdoor pool/hot tub and BBQ areas. This quiet, well managed and highly convenient building offers a true feeling of community and convenience. TANDEM parking for two cars and locker is included. Appliances and window coverage.

200 burnhamthorpe Road Unit 1502 - Condo photo 1 of 10 in Mississauga, Ontario
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$424,900 - 200 burnhamthorpe Road Unit 1502, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Mississauga Valleys

1Beds
2Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
W14034258
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
1
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Taxes (2026)
$2,589
Maintenance Fees
$644/mo
Locker
Exclusive
Exposure
North
Balcony
Juliette
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Welcome to Compass Creek a newly renovated boutique building just steps away to Square One and City Centre. Enjoy being surrounded by acres of dedicated greenery, Cooksville creek and the scenic walking trails of Mississauga valley. This bright, spacious one-bedroom with extra large den (which can serve as a separate dining area) , totally open concept kitchen with center island eating area all in immaculate move in condition. The suite highlights newer laminate flooring in most areas. Enjoy premium building amenities including a recently updated: (lobby , gym, party room, and hallways) , outdoor pool/hot tub and BBQ areas. This quiet, well managed and highly convenient building offers a true feeling of community and convenience. TANDEM parking for two cars and locker is included. Appliances and window coverage.

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Estimate your monthly payments for this property

Estimated Payment

$2,179.96/mo

Includes CMHC insurance ($11,855)

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5-yr fixed avg.

Principal: $382,410Interest: $259,722
Mortgage Amount$394,265
Total Interest$259,722
Est. Property Tax$301/mo
Total Cost$653,987

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: Mississauga Valleys

Discover Mississauga Valleys

Mississauga Valleys 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 Mississauga Valleys

  • •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

Mississauga Valleys 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

200 burnhamthorpe Road Unit 1502, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$644
Property Tax (est.)-$301
Insurance (est.)-$89
Net Cash Flow+$766

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 $607/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 $644/month fees should cover building insurance, common elements, and reserve contributions.

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 Mississauga Valleys

I know Mississauga Valleys 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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    200 burnhamthorpe Road Unit 1502 | $424,900 | Battaglia Team