2020 South Millway N/A Unit 2, Mississauga

Price: $699,999

4 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13523298

WELCOME TO 2-2020 SOUTH MILLWAY, LOCATED IN PEEL, MISSISSAUGA! THIS MODERN CONDO TOWNHOME IS IN THE HEART OF THE ERIN MILLS COMMUNITY. UNIT #2 IS A BEAUTIFUL 3 BED 2.5 BATH SPACIOUS AND FINISHED BASEMENT WITH ADDITIONAL BEDROOM/DEN AREA. THIS UNIT FEATURES A FAMILY-SIZE OPEN CONCEPT KITCHEN WITH QUARTZ COUNTERS AND SPACIOUS LIVING SPACE COMBINED WITH A DINING AND LIVING ROOM OVERLOOKING THE LARGE FENCED BACKYARD.THIS HOME HAS BEAUTIFUL HARWOOD FLOORING AND LED LIGHTING THROUGHOUT THE HOME. THE BASEMENT FETAURES A KICHENETTE AREA WITH A FRIDGE, LAUNDRY ROOM AREA WITH A SPACIOUS REC/ADDITIONAL BEDROOM AREA.STEPS AWAY FROM A BEAUTIFUL TRAIL AND TONS OF GREENERY, THIS TOWNHOME IS PERFECT FOR ALL TYPES OF FAMILIES. THIS HOME IS IN CLOSE PROXIMITY TO THE SOUTH COMMON SHOPPING MALL, ERIN MILLS TOWN CENTRE, SCHOOL DISTRICTS, LIBRARY, THE UTM CAMPUS, AND THE 403 HIGHWAY. THIS HOME IS IDEAL OF ALL FAMILY TYPES WHO ARE LOOKING FOR A COZY TOWNHOME. THIS CONDO TOWNHOME IS ALSO PET-FRIENDLY. COME TAKE A LOOK AT THIS BEAUTIFUL CONDO UNIT IN THE MISSISSAUGA AREA.

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New Listing
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$699,999 - 2020 South Millway N/A Unit 2, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Erin Mills

4Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13523298
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX PRESIDENT REALTY
Description

WELCOME TO 2-2020 SOUTH MILLWAY, LOCATED IN PEEL, MISSISSAUGA! THIS MODERN CONDO TOWNHOME IS IN THE HEART OF THE ERIN MILLS COMMUNITY. UNIT #2 IS A BEAUTIFUL 3 BED 2.5 BATH SPACIOUS AND FINISHED BASEMENT WITH ADDITIONAL BEDROOM/DEN AREA. THIS UNIT FEATURES A FAMILY-SIZE OPEN CONCEPT KITCHEN WITH QUARTZ COUNTERS AND SPACIOUS LIVING SPACE COMBINED WITH A DINING AND LIVING ROOM OVERLOOKING THE LARGE FENCED BACKYARD.THIS HOME HAS BEAUTIFUL HARWOOD FLOORING AND LED LIGHTING THROUGHOUT THE HOME. THE BASEMENT FETAURES A KICHENETTE AREA WITH A FRIDGE, LAUNDRY ROOM AREA WITH A SPACIOUS REC/ADDITIONAL BEDROOM AREA.STEPS AWAY FROM A BEAUTIFUL TRAIL AND TONS OF GREENERY, THIS TOWNHOME IS PERFECT FOR ALL TYPES OF FAMILIES. THIS HOME IS IN CLOSE PROXIMITY TO THE SOUTH COMMON SHOPPING MALL, ERIN MILLS TOWN CENTRE, SCHOOL DISTRICTS, LIBRARY, THE UTM CAMPUS, AND THE 403 HIGHWAY. THIS HOME IS IDEAL OF ALL FAMILY TYPES WHO ARE LOOKING FOR A COZY TOWNHOME. THIS CONDO TOWNHOME IS ALSO PET-FRIENDLY. COME TAKE A LOOK AT THIS BEAUTIFUL CONDO UNIT IN THE MISSISSAUGA AREA.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.36/mo

Includes CMHC insurance ($19,530)

$
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5-yr fixed avg.

Principal: $629,999Interest: $427,878
Mortgage Amount$649,529
Total Interest$427,878
Est. Property Tax$496/mo
Total Cost$1,077,407

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: Erin Mills

Master-Planned Excellence

Erin Mills is one of Mississauga's most successful master-planned communities, developed by the Cadillac Fairview Corporation starting in the 1970s. The neighbourhood is renowned for its excellent schools, abundant green spaces, and well-designed street layouts. Erin Mills offers a complete suburban lifestyle with top-tier amenities, making it one of the most sought-after areas in the GTA.

Why Live in Erin Mills

  • Award-winning master-planned community
  • Excellent schools including top-ranked John Fraser SS
  • Erin Mills Town Centre shopping
  • Extensive parks and trail systems
  • Mix of housing from condos to executive homes

Nearby Schools

John Fraser Secondary SchoolPublic High School
St. Aloysius Gonzaga Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School
Sawmill Valley Public SchoolPublic Elementary

Transit & Commuting

  • Erin Mills Transitway
  • MiWay bus network
  • Highway 403 access
  • Close to Highway 401 and 407

Parks & Amenities

  • Erin Mills Town Centre
  • Credit Valley Conservation Areas
  • Erin Meadows Community Centre
  • Multiple golf courses nearby
  • Extensive trail systems

Lifestyle & Community

Erin Mills epitomizes successful suburban planning. Residents enjoy excellent schools, convenient shopping at Erin Mills Town Centre, and beautiful natural areas. The community attracts families seeking top-tier education and a safe, well-maintained environment.

58
Walk Score
$750K - $2M
Price Range

2020 South Millway N/A Unit 2, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,898

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 $583/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. We'll want to verify the monthly fees and what they include.

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.

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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    2020 South Millway N/A Unit 2, Mississauga | $699,999 | Battaglia Team