2575 Parmeer Drive Unit 2, Mississauga

Price: $699,999

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13629794

Welcome to this beautifully upgraded 3-bedroom, 2 bathroom, 2-storey townhouse nestled in a quiet, family-oriented neighbourhood. Thoughtfully renovated with style and function in mind, this home features a stunning modern kitchen complete with stainless steel appliances, quartz countertops, and a sleek designer backsplash-perfect for both everyday living and entertaining. The main level showcases elegant new hardwood flooring, while both bathrooms have been fully renovated with contemporary, high-quality finishes, offering a refined and move-in-ready experience. Step outside to your own private backyard retreat-ideal for summer evenings, with ample space for BBQ dining and outdoor lounging. Perfectly situated within walking distance to Huron Park, scenic trails, and top-rated elementary and high schools. Just minutes to Square One Shopping Centre and major highways including the 403 and QEW, providing seamless access to all amenities. An exceptional opportunity for discerning buyers-ideal for young families or those seeking to downsize without compromising on quality, comfort, or location.

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New Listing
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$699,999 - 2575 Parmeer Drive Unit 2, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: Erindale

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13629794
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
SUTTON GROUP KINGS CROSS INC.
Description

Welcome to this beautifully upgraded 3-bedroom, 2 bathroom, 2-storey townhouse nestled in a quiet, family-oriented neighbourhood. Thoughtfully renovated with style and function in mind, this home features a stunning modern kitchen complete with stainless steel appliances, quartz countertops, and a sleek designer backsplash-perfect for both everyday living and entertaining. The main level showcases elegant new hardwood flooring, while both bathrooms have been fully renovated with contemporary, high-quality finishes, offering a refined and move-in-ready experience. Step outside to your own private backyard retreat-ideal for summer evenings, with ample space for BBQ dining and outdoor lounging. Perfectly situated within walking distance to Huron Park, scenic trails, and top-rated elementary and high schools. Just minutes to Square One Shopping Centre and major highways including the 403 and QEW, providing seamless access to all amenities. An exceptional opportunity for discerning buyers-ideal for young families or those seeking to downsize without compromising on quality, comfort, or location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.36/mo

Includes CMHC insurance ($19,530)

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5-yr fixed avg.

Principal: $629,999Interest: $427,878
Mortgage Amount$649,529
Total Interest$427,878
Est. Property Tax$496/mo
Total Cost$1,077,407

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

2575 Parmeer Drive Unit 2, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,498

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 $583/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.

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.

About Erindale

I know Erindale 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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    2575 Parmeer Drive Unit 2, Mississauga | $699,999 | Battaglia Team