2779 Gananoque Drive Unit 87, Mississauga

Price: $575,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13881402

Discover your new home in this charming townhouse, offering over 1,800 sq ft of total thoughtfully designed living space. With three inviting bedrooms and two well-appointed bathrooms, this residence is perfect for families or those seeking a comfortable retreat. Step inside to find a bright, open-concept layout that seamlessly connects the living room and dining area, making it an ideal setting for entertaining or relaxing. The primary bedroom features new flooring, lending a modern touch alongside an updated bathroom that adds to the home's appeal. Fresh paint throughout enhances the inviting atmosphere. Outside, enjoy your private, fenced backyard, complete with a deck-perfect for summer barbecues or quiet evenings under the stars. Additional highlights include air conditioning installed in 2021, new furnace 2026 and hot water tank 2026 ensuring comfort year-round. Located in a prime area, this townhouse is just a short distance from the GO station, shopping, and excellent schools, making it a fantastic choice for families. With easy access to parks, trails, and major highways (407, 403, and 401), this property offers both convenience and value in a desirable neighborhood. Don't miss your opportunity to call this lovely townhouse home.

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active
New Listing

$575,000 - 2779 Gananoque Drive Unit 87, Mississauga

Condo for Sale in Mississauga

New — Listed 6 days ago

Neighbourhood: Meadowvale

3Beds
2Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
W13881402
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Taxes (2026)
$3,351
Maintenance Fees
$583/mo
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Discover your new home in this charming townhouse, offering over 1,800 sq ft of total thoughtfully designed living space. With three inviting bedrooms and two well-appointed bathrooms, this residence is perfect for families or those seeking a comfortable retreat. Step inside to find a bright, open-concept layout that seamlessly connects the living room and dining area, making it an ideal setting for entertaining or relaxing. The primary bedroom features new flooring, lending a modern touch alongside an updated bathroom that adds to the home's appeal. Fresh paint throughout enhances the inviting atmosphere. Outside, enjoy your private, fenced backyard, complete with a deck-perfect for summer barbecues or quiet evenings under the stars. Additional highlights include air conditioning installed in 2021, new furnace 2026 and hot water tank 2026 ensuring comfort year-round. Located in a prime area, this townhouse is just a short distance from the GO station, shopping, and excellent schools, making it a fantastic choice for families. With easy access to parks, trails, and major highways (407, 403, and 401), this property offers both convenience and value in a desirable neighborhood. Don't miss your opportunity to call this lovely townhouse home.

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Estimate your monthly payments for this property

Estimated Payment

$2,950.05/mo

Includes CMHC insurance ($16,043)

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5-yr fixed avg.

Principal: $517,500Interest: $351,472
Mortgage Amount$533,543
Total Interest$351,472
Est. Property Tax$407/mo
Total Cost$885,014

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: Meadowvale

Master-Planned Community Excellence

Meadowvale is one of Canada's first and most successful master-planned communities. Developed in the 1970s and 80s, the neighbourhood was designed with abundant green space, excellent schools, and a balanced mix of housing types. Today, Meadowvale remains a popular choice for families seeking affordability without sacrificing quality of life.

Why Live in Meadowvale

  • •Extensive parks and trail system
  • •Top-rated schools including Meadowvale Secondary
  • •Diverse, multicultural community
  • •Convenient shopping and services
  • •Strong value proposition for families

Nearby Schools

Meadowvale Secondary SchoolPublic High School
St. Martin Secondary SchoolCatholic High School
Meadowvale Village PSPublic Elementary
Blessed Sacrament Catholic SchoolCatholic Elementary

Transit & Commuting

  • •Meadowvale GO Station
  • •Multiple MiWay bus routes
  • •Close to Highway 401 and 403
  • •15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • •Meadowvale Town Centre
  • •Iceland Arena
  • •Meadowvale Community Centre
  • •Extensive trail network
  • •Multiple shopping plazas

Lifestyle & Community

Meadowvale offers excellent value with comprehensive community amenities. The neighbourhood is ideal for families seeking good schools, safe streets, and plenty of recreational opportunities.

52
Walk Score
$700K - $1.4M
Price Range

2779 Gananoque Drive Unit 87, 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)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$583
Property Tax (est.)-$407
Insurance (est.)-$120
Net Cash Flow+$1,810

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 $479/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 $583/month fees should cover building insurance, common elements, and reserve contributions.

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 Meadowvale

I know Meadowvale 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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    2779 Gananoque Drive Unit 87, Mississauga | $575,000 | Battaglia Team