2520 Eglinton Avenue Unit 1602, Mississauga

Price: $485,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: W13853136

Discover the comfort and convenience of this well-maintained 1+Den, 2-bathroom suite, proudly owned and cared for by the original owners. Never rented and recently painted, this move-in-ready home offers a comfortable, low-maintenance lifestyle in one of Mississauga's most convenient communities. The open-concept layout features 9-ft smooth ceilings, modern laminate flooring, and large windows that bring plenty of natural light throughout the suite. The contemporary kitchen offers stainless steel appliances, quartz countertops, ample cabinetry, and a generous centre island, creating a functional space for both everyday living and entertaining. The versatile den is ideal for a home office, reading nook, or occasional guest space. Enjoy the convenience of 2 bathrooms and ensuite laundry, along with a well-managed building offering an impressive range of amenities and services. Residents have access to 24-hour security, a fitness centre, an indoor basketball court, a games room, a library, bicycle storage, and EV charging stations. Convenient services right at your doorstep include a pharmacy, medical offices, a physiotherapy clinic, and an animal hospital. Perfectly situated directly across from Credit Valley Hospital and Erin Mills Town Centre, with schools, parks, restaurants, shopping, and everyday conveniences nearby. Commuters will appreciate easy access to public transit, GO Bus service, Highways 403 and 401, with Square One approximately 15 minutes away and downtown Toronto about 30 minutes away. ***Now offered at a new reduced price, this is an excellent opportunity for first-time buyers, professionals, investors, or downsizers seeking a well-maintained, never-rented home in a highly convenient location. Move-in ready and offering excellent value, this is one you won't want to miss!

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active
New Listing

$485,000 - 2520 Eglinton Avenue Unit 1602, Mississauga

Condo for Sale in Mississauga

New — Listed 5 days ago

Neighbourhood: Central Erin Mills

2Beds
2Baths
600Sq Ft
Condo

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Property Details
MLS Number
W13853136
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Mississauga
Taxes (2026)
$3,296
Maintenance Fees
$510/mo
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Discover the comfort and convenience of this well-maintained 1+Den, 2-bathroom suite, proudly owned and cared for by the original owners. Never rented and recently painted, this move-in-ready home offers a comfortable, low-maintenance lifestyle in one of Mississauga's most convenient communities. The open-concept layout features 9-ft smooth ceilings, modern laminate flooring, and large windows that bring plenty of natural light throughout the suite. The contemporary kitchen offers stainless steel appliances, quartz countertops, ample cabinetry, and a generous centre island, creating a functional space for both everyday living and entertaining. The versatile den is ideal for a home office, reading nook, or occasional guest space. Enjoy the convenience of 2 bathrooms and ensuite laundry, along with a well-managed building offering an impressive range of amenities and services. Residents have access to 24-hour security, a fitness centre, an indoor basketball court, a games room, a library, bicycle storage, and EV charging stations. Convenient services right at your doorstep include a pharmacy, medical offices, a physiotherapy clinic, and an animal hospital. Perfectly situated directly across from Credit Valley Hospital and Erin Mills Town Centre, with schools, parks, restaurants, shopping, and everyday conveniences nearby. Commuters will appreciate easy access to public transit, GO Bus service, Highways 403 and 401, with Square One approximately 15 minutes away and downtown Toronto about 30 minutes away. ***Now offered at a new reduced price, this is an excellent opportunity for first-time buyers, professionals, investors, or downsizers seeking a well-maintained, never-rented home in a highly convenient location. Move-in ready and offering excellent value, this is one you won't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,488.30/mo

Includes CMHC insurance ($13,532)

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5-yr fixed avg.

Principal: $436,500Interest: $296,459
Mortgage Amount$450,032
Total Interest$296,459
Est. Property Tax$344/mo
Total Cost$746,490

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: Central Erin Mills

Discover Central Erin Mills

Central Erin Mills 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 Central Erin Mills

  • •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

Central Erin Mills 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

2520 Eglinton Avenue Unit 1602, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$510
Property Tax (est.)-$344
Insurance (est.)-$101
Net Cash Flow+$1,245

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

Fair Market Value

At $808/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 $510/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 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 Central Erin Mills

I know Central 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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    2520 Eglinton Avenue Unit 1602 | $485,000 | Battaglia Team