2155 Burnhamthorpe Road Unit 1408, Mississauga

Price: $435,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13597344

Welcome to this stunning and modern 1+1 bedroom unit located in one of Mississauga's most sought-after gated communities, near shopping, dining, schools, transit, access to major highways, and all amenities. This unit features a functional open-concept layout filled with natural light and spectacular panoramic views. The open-concept style also features a versatile den, perfect for a home office, guest room, or additional living space. The upgraded kitchen is designed for both style and function, featuring sleek granite countertops, and stainless steel appliances, while the modern laminate flooring throughout offers elegance and easy maintenance. The maintenance fees are all-inclusive and include heat, hydro, water, air conditioning, internet, cable TV, building insurance, parking, an exceptionally oversized locker and common elements. A 24-hour gatehouse provides security and peace of mind for the residents, while the building's amenities cater to an amazing active and social lifestyle by providing a fully equipped gym, indoor swimming pool, relaxing sauna, squash courts, partyroom, and a car wash station. This is a truly fantastic opportunity for first-time buyers, downsizers, and investors alike! Do not miss the opportunity to see this gem!

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$435,000 - 2155 Burnhamthorpe Road Unit 1408, Mississauga

Condo for Sale in Mississauga

31 days on market

Neighbourhood: Erin Mills

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13597344
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX EXPERTS
Description

Welcome to this stunning and modern 1+1 bedroom unit located in one of Mississauga's most sought-after gated communities, near shopping, dining, schools, transit, access to major highways, and all amenities. This unit features a functional open-concept layout filled with natural light and spectacular panoramic views. The open-concept style also features a versatile den, perfect for a home office, guest room, or additional living space. The upgraded kitchen is designed for both style and function, featuring sleek granite countertops, and stainless steel appliances, while the modern laminate flooring throughout offers elegance and easy maintenance. The maintenance fees are all-inclusive and include heat, hydro, water, air conditioning, internet, cable TV, building insurance, parking, an exceptionally oversized locker and common elements. A 24-hour gatehouse provides security and peace of mind for the residents, while the building's amenities cater to an amazing active and social lifestyle by providing a fully equipped gym, indoor swimming pool, relaxing sauna, squash courts, partyroom, and a car wash station. This is a truly fantastic opportunity for first-time buyers, downsizers, and investors alike! Do not miss the opportunity to see this gem!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.78/mo

Includes CMHC insurance ($12,137)

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5-yr fixed avg.

Principal: $391,500Interest: $265,896
Mortgage Amount$403,637
Total Interest$265,896
Est. Property Tax$308/mo
Total Cost$669,533

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

2155 Burnhamthorpe Road Unit 1408, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$1,346

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 $621/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 31 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 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 Erin Mills

I know Erin Mills 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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    2155 Burnhamthorpe Road Unit 1408 | $435,000 | Battaglia Team