2177 Burnhamthorpe Road Unit 605, Mississauga

Price: $490,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W14120530

Resort-style living at an affordable price. Welcome to Eagle Ridge, Mississauga's premier gated community with 24-hour security! This bright, spacious 2-bedroom + den condo is super clean, lovingly maintained, and move-in ready. The open-concept living and dining area flows into a modern kitchen, with beautiful laminate flooring throughout the unit, generously sized bedrooms, a sun-filled solarium perfect as a home office or quiet retreat, and stunning unobstructed views. Features include 4-piece and 3-piece washrooms, and a brand-new washer and dryer (2026). Incredible value: maintenance fees include ALL utilities(heat, hydro, water, A/C) plus Rogers VIP cable TV and high-speed internet. Enjoy a massive recreation centre with an indoor pool, whirlpool, sauna, gym, squash court, basketball, billiards, party room, BBQ areas, playground, and trails. Directly across from South Common Mall and the transit hub, minutes to Erin Mills Town Centre, Credit Valley Hospital, U of T Mississauga, and Hwys 403 & QEW - with a new community centre and library opening in 2027. Perfect for first-time buyers, downsizers, and investors.

2177 Burnhamthorpe Road Unit 605 - Condo photo 1 of 12 in Mississauga, Ontario
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$490,000 - 2177 Burnhamthorpe Road Unit 605, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: Erin Mills

3Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
W14120530
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Taxes (2026)
$2,937
Maintenance Fees
$1,028/mo
Locker
Owned
Exposure
North West
Balcony
None
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Resort-style living at an affordable price. Welcome to Eagle Ridge, Mississauga's premier gated community with 24-hour security! This bright, spacious 2-bedroom + den condo is super clean, lovingly maintained, and move-in ready. The open-concept living and dining area flows into a modern kitchen, with beautiful laminate flooring throughout the unit, generously sized bedrooms, a sun-filled solarium perfect as a home office or quiet retreat, and stunning unobstructed views. Features include 4-piece and 3-piece washrooms, and a brand-new washer and dryer (2026). Incredible value: maintenance fees include ALL utilities(heat, hydro, water, A/C) plus Rogers VIP cable TV and high-speed internet. Enjoy a massive recreation centre with an indoor pool, whirlpool, sauna, gym, squash court, basketball, billiards, party room, BBQ areas, playground, and trails. Directly across from South Common Mall and the transit hub, minutes to Erin Mills Town Centre, Credit Valley Hospital, U of T Mississauga, and Hwys 403 & QEW - with a new community centre and library opening in 2027. Perfect for first-time buyers, downsizers, and investors.

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Estimated Payment

$2,513.95/mo

Includes CMHC insurance ($13,671)

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5-yr fixed avg.

Principal: $441,000Interest: $299,515
Mortgage Amount$454,671
Total Interest$299,515
Est. Property Tax$347/mo
Total Cost$754,186

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

2177 Burnhamthorpe Road Unit 605, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$1,028
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,203

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 $544/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 $1028/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    2177 Burnhamthorpe Road Unit 605 | $490,000 | Battaglia Team