3100 Fifth Line Unit 49, Mississauga

Price: $747,900

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13441208

Fantastic End-Unit Townhome In A Highly Desirable, Well-Maintained Condo Complex! Centrally Located Close To Shopping, Transit, Schools & Parks. Features A Spacious, Functional Layout With 3 Bedrooms, Including A Large Primary Suite With Two Walk-In Closets & 4-Piece Ensuite. Bright Open-Concept Kitchen With Breakfast Bar Overlooking The Yard, Cozy Living Room With Gas Fireplace & Hardwood Floors, Convenient Garage Access, Plus A Finished Open-Concept Basement Offering Flexible Additional Living Space,with an open Rec-Area and family room extra storage and laundry area.Close to the best schools, UTM, transit, Highways, beautiful parks & trails,Credit Valley & Trillium Hospitals, the finest restaurants , Rec-Centre, Library and so much more.

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active
1/23

$747,900 - 3100 Fifth Line Unit 49, Mississauga

Condo for Sale in Mississauga

Neighbourhood: Erin Mills

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13441208
Property Type
Condo
Status
active
Days on Site
24
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

Fantastic End-Unit Townhome In A Highly Desirable, Well-Maintained Condo Complex! Centrally Located Close To Shopping, Transit, Schools & Parks. Features A Spacious, Functional Layout With 3 Bedrooms, Including A Large Primary Suite With Two Walk-In Closets & 4-Piece Ensuite. Bright Open-Concept Kitchen With Breakfast Bar Overlooking The Yard, Cozy Living Room With Gas Fireplace & Hardwood Floors, Convenient Garage Access, Plus A Finished Open-Concept Basement Offering Flexible Additional Living Space,with an open Rec-Area and family room extra storage and laundry area.Close to the best schools, UTM, transit, Highways, beautiful parks & trails,Credit Valley & Trillium Hospitals, the finest restaurants , Rec-Centre, Library and so much more.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,837.11/mo

Includes CMHC insurance ($20,866)

$
$
5%10%50%

5-yr fixed avg.

Principal: $673,110Interest: $457,158
Mortgage Amount$693,976
Total Interest$457,158
Est. Property Tax$530/mo
Total Cost$1,151,134

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: Erin Mills

Master-Planned Excellence

Erin Mills is one of Mississauga's most successful master-planned communities, developed by the Cadillac Fairview Corporation starting in the 1970s. The neighbourhood is renowned for its excellent schools, abundant green spaces, and well-designed street layouts. Erin Mills offers a complete suburban lifestyle with top-tier amenities, making it one of the most sought-after areas in the GTA.

Why Live in Erin Mills

  • Award-winning master-planned community
  • Excellent schools including top-ranked John Fraser SS
  • Erin Mills Town Centre shopping
  • Extensive parks and trail systems
  • Mix of housing from condos to executive homes

Nearby Schools

John Fraser Secondary SchoolPublic High School
St. Aloysius Gonzaga Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School
Sawmill Valley Public SchoolPublic Elementary

Transit & Commuting

  • Erin Mills Transitway
  • MiWay bus network
  • Highway 403 access
  • Close to Highway 401 and 407

Parks & Amenities

  • Erin Mills Town Centre
  • Credit Valley Conservation Areas
  • Erin Meadows Community Centre
  • Multiple golf courses nearby
  • Extensive trail systems

Lifestyle & Community

Erin Mills epitomizes successful suburban planning. Residents enjoy excellent schools, convenient shopping at Erin Mills Town Centre, and beautiful natural areas. The community attracts families seeking top-tier education and a safe, well-maintained environment.

58
Walk Score
$750K - $2M
Price Range

3100 Fifth Line Unit 49, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$530
Insurance (est.)-$156
Net Cash Flow+$1,454

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 $623/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.

Market Position

At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Bathroom Count Matters

With 3 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.

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    3100 Fifth Line Unit 49, Mississauga | $747,900 | Battaglia Team