$650,000 - 2605 Woodchester Drive Unit 50, Mississauga
Condo for Sale in Mississauga
59 days on marketNeighbourhood: Sheridan
- MLS Number
- W13107576
- Property Type
- Condo
- Status
- active
- Days on Site
- 59
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,600 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Welcome to one of southwest Mississauga's most established and family-friendly communities, where tree-lined streets, top-rated schools, and exceptional amenities make everyday living effortless. This extra large 4-bedroom, 4-bathroom condo townhouse sits steps from Thornlodge Park, walkable to groceries, pharmacy, and banking at Woodchester Mall, and minutes from Costco, the QEW, and Hwy 403. Transit riders have a direct bus to Kipling Subway, with Clarkson GO easily accessible. The home features a well laid out main floor with walkout to a private patio, generously sized bedrooms, and a fully finished In-law Suite basement with a separate entrance, kitchen, and full bathroom for rental potential. This self-contained suite is the standout feature: ideal for extended family or rental income, it transforms this property into a true income-producing asset. First-time buyers can offset carrying costs significantly. Two parking spaces and a well-managed complex complete the package. In a neighbourhood this strong, at a price this compelling, with income potential built right in - opportunities like rarely come along
Estimate your monthly payments for this property
Estimated Payment
$3,334.84/mo
Includes CMHC insurance ($18,135)
5-yr fixed avg.
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.
Academic Excellence and Green Living
Sheridan is anchored by Sheridan College's main campus and offers a blend of student housing, family homes, and new developments. The neighbourhood benefits from significant green space along the Credit River and is known for its creative, academic atmosphere.
Why Live in Sheridan
- •Sheridan College main campus
- •Credit River access and trails
- •Growing residential development
- •Creative and academic community
- •Good transit connections
Nearby Schools
Transit & Commuting
- •MiWay bus routes to Sheridan College
- •Highway 403 access
- •Planned transit improvements
- •25-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Riverwood Conservancy
- •Credit River trails
- •Sheridan College facilities
- •Erin Mills Town Centre (nearby)
- •Community parks
Lifestyle & Community
Sheridan offers a creative, academic atmosphere with excellent access to nature. The neighbourhood appeals to students, faculty, and families who value education and outdoor recreation.
2605 Woodchester Drive Unit 50, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $406/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 59 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.