2945 Thomas Street Unit 77, Mississauga

Price: $499,000

4 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13872456

"SPACIOUS 3-BEDROOM TOWNHOUSE | 1,400-1,599 SQ FT | PARK VIEW | CENTRAL ERIN MILLS" A Rare Opportunity in Central Erin Mills! Welcome to this spacious 3+1bdrm, 2-bathroom, 3-storey condominium townhouse offering approximately 1,400-1,599 sq. ft. of comfortable living space. Enjoy a bright open-concept living/dining area, generous eat-in kitchen, and a private rear setting overlooking the park. With three generously sized bedrooms, two bathrooms, multiple living areas, and an expansive multi-level layout, this is a home that offers significantly more space and flexibility than many typical townhouse options. The walk-out lower level provides valuable additional living space, perfect for a family room, recreation area, home office, or in-law bdrm. Ideally located close to highly regarded schools,including John Fraser Secondary School and St. Aloysius Gonzaga, along with nearby elementary schools, parks, shopping, transit and major highways.One of the home's standout features is the private rear setting overlooking the park, providing a peaceful green outlook and an enjoyable sense of privacy. A wonderful opportunity to own a spacious townhouse in a sought-after Mississauga community. Don't wait to see this one - come experience the space, layout and location for yourself! Come see it before it's gone!OPEN HOUSE SAT&SUN OCT 10-11

2945 Thomas Street Unit 77 - Condo photo 1 of 1 in Mississauga, Ontario
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$499,000 - 2945 Thomas Street Unit 77, Mississauga

Condo for Sale in Mississauga

New — Listed today

Neighbourhood: Central Erin Mills

4Beds
2Baths
1,400Sq Ft
Condo

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Property Details
MLS Number
W13872456
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
4
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Taxes (2025)
$4,094
Maintenance Fees
$540/mo
Locker
Ensuite
Exposure
East West
Balcony
Open
Listing Brokerage
A TOUS REAL ESTATE LTD.
Description

"SPACIOUS 3-BEDROOM TOWNHOUSE | 1,400-1,599 SQ FT | PARK VIEW | CENTRAL ERIN MILLS" A Rare Opportunity in Central Erin Mills! Welcome to this spacious 3+1bdrm, 2-bathroom, 3-storey condominium townhouse offering approximately 1,400-1,599 sq. ft. of comfortable living space. Enjoy a bright open-concept living/dining area, generous eat-in kitchen, and a private rear setting overlooking the park. With three generously sized bedrooms, two bathrooms, multiple living areas, and an expansive multi-level layout, this is a home that offers significantly more space and flexibility than many typical townhouse options. The walk-out lower level provides valuable additional living space, perfect for a family room, recreation area, home office, or in-law bdrm. Ideally located close to highly regarded schools,including John Fraser Secondary School and St. Aloysius Gonzaga, along with nearby elementary schools, parks, shopping, transit and major highways.One of the home's standout features is the private rear setting overlooking the park, providing a peaceful green outlook and an enjoyable sense of privacy. A wonderful opportunity to own a spacious townhouse in a sought-after Mississauga community. Don't wait to see this one - come experience the space, layout and location for yourself! Come see it before it's gone!OPEN HOUSE SAT&SUN OCT 10-11

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

2945 Thomas Street Unit 77, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
6.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$540
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$2,483

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 $356/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 $540/month fees should cover building insurance, common elements, and reserve contributions.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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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    2945 Thomas Street Unit 77, Mississauga | $499,000 | Battaglia Team