$698,500 - 3100 Fifth Line Unit 49, Mississauga
Condo for Sale in Mississauga
40 days on marketNeighbourhood: Erin Mills
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- MLS Number
- W13721276
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $4,067
- Maintenance Fees
- $517/mo
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
END-UNIT PRIVACY BRAND-NEW BASEMENT FRESH & BRIGHT AFFORDABILITY & LOCATION. Here is the opportunity you've been waiting for! This beautifully refreshed End-Unit offers the space, privacy and lifestyle of a larger home-attached on only one side-without the premium price tag. Freshly painted from top to bottom, flooded with natural light and set within one of Mississauga's beautifully maintained communities, this home delivers exceptional value in an exceptional location.Step inside and discover a bright, open-concept Great Room featuring hardwood floors, a gas fireplace and walkout to the backyard. The kitchen overlooks the Great Room and backyard and has been enhanced with new lighting, creating a welcoming space for everyday family life and entertaining.Upstairs, three generous bedrooms include an extra-spacious Primary Retreat with dual closets and a private 4-piece ensuite, plus a second 4-piece bathroom for the other bedrooms.But here's where this home really separates itself: the basement is brand new! New laminate flooring, an expansive open-concept Recreation Area, separate laundry room with storage and a large cantina provide an impressive amount of additional living space.And then there's the location-schools, shopping, parks, transit, highways and virtually every amenity are close at hand.End-unit privacy. Freshly painted. Brand-new basement. Wonderful layout. Beautifully maintained complex. Outstanding location. Exceptional value.Some homes simply check the boxes. This one checks the boxes-and then gives you more.Come see it. You may be so happy with this genuine find.
Estimate your monthly payments for this property
Estimated Payment
$3,583.67/mo
Includes CMHC insurance ($19,488)
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.
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
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.
3100 Fifth Line Unit 49, 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 $582/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 40 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. The $517/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.
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.