204 BURNHAMTHORPE Road Unit 1504, Mississauga

Price: $555,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13811004

Welcome To Keystone By Kaneff, Ideally Located In The Heart Of Mississauga's City Centre! This Beautiful 2-Bedroom, 2-Bathroom Condo Features A Highly Functional Layout And Modern Finishes, Perfect For Comfortable Urban Living. The Bright Open-Concept Living And Dining Area Walks Out To A Spacious Balcony With Beautiful North-East Views, Creating A Wonderful Space To Relax Or Entertain. The Stunning Modern Kitchen Features Built-In Appliances And Elegant Quartz Countertops. The Spacious Primary Bedroom Offers A Large Walk-In Closet, While The Generously Sized Second Bedroom Features A Sliding Door And Mirrored Closet. Laminate Flooring Throughout And Floor-To-Ceiling Windows Add To The Modern Appeal And Bright, Airy Feel Of The Home. Enjoy The Convenience Of Living In The Heart Of Square One, Just Steps From Shopping, Dining, Public Transit, Sheridan College, YMCA, Central Library, Celebration Square, And More. 1 Parking Space And 1 Locker Included. A Fantastic Opportunity For First-Time Buyers, Investors, Or Those Looking To Enjoy The Convenience Of Downtown Mississauga Living! Photos Shown Are From A Previous Listing And May Not Reflect The Property's Current Condition.

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New Listing
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$555,000 - 204 BURNHAMTHORPE Road Unit 1504, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: City Centre

2Beds
2Baths
800Sq Ft
Condo

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Property Details
MLS Number
W13811004
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Welcome To Keystone By Kaneff, Ideally Located In The Heart Of Mississauga's City Centre! This Beautiful 2-Bedroom, 2-Bathroom Condo Features A Highly Functional Layout And Modern Finishes, Perfect For Comfortable Urban Living. The Bright Open-Concept Living And Dining Area Walks Out To A Spacious Balcony With Beautiful North-East Views, Creating A Wonderful Space To Relax Or Entertain. The Stunning Modern Kitchen Features Built-In Appliances And Elegant Quartz Countertops. The Spacious Primary Bedroom Offers A Large Walk-In Closet, While The Generously Sized Second Bedroom Features A Sliding Door And Mirrored Closet. Laminate Flooring Throughout And Floor-To-Ceiling Windows Add To The Modern Appeal And Bright, Airy Feel Of The Home. Enjoy The Convenience Of Living In The Heart Of Square One, Just Steps From Shopping, Dining, Public Transit, Sheridan College, YMCA, Central Library, Celebration Square, And More. 1 Parking Space And 1 Locker Included. A Fantastic Opportunity For First-Time Buyers, Investors, Or Those Looking To Enjoy The Convenience Of Downtown Mississauga Living! Photos Shown Are From A Previous Listing And May Not Reflect The Property's Current Condition.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,847.44/mo

Includes CMHC insurance ($15,485)

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5-yr fixed avg.

Principal: $499,500Interest: $339,247
Mortgage Amount$514,985
Total Interest$339,247
Est. Property Tax$393/mo
Total Cost$854,231

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: City Centre

Discover City Centre

City Centre 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 City Centre

  • 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

City Centre 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

204 BURNHAMTHORPE Road Unit 1504, 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)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$393
Insurance (est.)-$116
Net Cash Flow+$1,171

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 $694/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.

Efficient Living

At 800 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 City Centre

I know City Centre 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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    204 BURNHAMTHORPE Road Unit 1504 | $555,000 | Battaglia Team