2177 Burnhamthorpe Road Unit 702, Mississauga

Price: $509,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13146622

Here's an opportunity for inexpensive condo living in a coveted Gated Community in Mississauga. The Eagle Ridge development of two condo towers and surrounding Executive Townhouses is highly regarded for its massive Recreation and Entertainment Centre which is open to all residents. This bright and airy suite has a beautiful open concept Living room Dining room and Kitchen. All windows look south towards Lake Ontario bringing all day direct and indirect sunshine into the suite. This suite has been meticulously maintained and is ready for you to make the renovation of your dreams or simply live here and enjoy the view. The condominium fee includes all utilities - heat, hydro, water, A/C, cable and high speed internet. Plus access to the resort-style amenities such as indoor pool, Gym, Squash Court, Sauna, party room, outdoor BBQ's and 24-hour gatehouse security. It is perfectly located across the road from the South Common Mall, Mississauga transit hub, a brand new community centre with a library opening in 2027. It is also Close to the Erin Mills Town Centre, Credit Valley Hospital, University of Toronto Mississauga UTM and the 403 and QEW Highways

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$509,900 - 2177 Burnhamthorpe Road Unit 702, Mississauga

Condo for Sale in Mississauga

49 days on market

Neighbourhood: Erin Mills

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13146622
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Here's an opportunity for inexpensive condo living in a coveted Gated Community in Mississauga. The Eagle Ridge development of two condo towers and surrounding Executive Townhouses is highly regarded for its massive Recreation and Entertainment Centre which is open to all residents. This bright and airy suite has a beautiful open concept Living room Dining room and Kitchen. All windows look south towards Lake Ontario bringing all day direct and indirect sunshine into the suite. This suite has been meticulously maintained and is ready for you to make the renovation of your dreams or simply live here and enjoy the view. The condominium fee includes all utilities - heat, hydro, water, A/C, cable and high speed internet. Plus access to the resort-style amenities such as indoor pool, Gym, Squash Court, Sauna, party room, outdoor BBQ's and 24-hour gatehouse security. It is perfectly located across the road from the South Common Mall, Mississauga transit hub, a brand new community centre with a library opening in 2027. It is also Close to the Erin Mills Town Centre, Credit Valley Hospital, University of Toronto Mississauga UTM and the 403 and QEW Highways

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,616.05/mo

Includes CMHC insurance ($14,226)

$
$
5%10%50%

5-yr fixed avg.

Principal: $458,910Interest: $311,679
Mortgage Amount$473,136
Total Interest$311,679
Est. Property Tax$361/mo
Total Cost$784,815

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 702, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$361
Insurance (est.)-$106
Net Cash Flow+$1,228

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 $567/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.

Negotiation Opportunity

At 49 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 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.

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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    2177 Burnhamthorpe Road Unit 702 | $509,900 | Battaglia Team