3170 Erin Mills Parkway Unit 131, Mississauga

Price: $580,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13009846

Welcome to 3170 Erin Mills Pkwy # 131. Stunning One Bedroom plus den condo in the nice neighborhood. Condo features 9 Ft Ceiling, No Carpet, Nice Kitchen with Stainless Steel Appliances, Quartz Counter, Backsplash, Breakfast Bar, Master Bedroom and God Size Den with Closet Organizers and with Accent Walls. The Den is Spacious and can be used as a second bedroom or a comfortable home office. Open Concept Living and Dinning, W/O to Private Balcony. Fantastic Amenities: Roof Top Terrace, Lounge, Party Room, Gym and Bike Storage, Excellent Location: Minutes to Major Highways, Transit, Erin Mills Town Centre, Hospital, UofT. A Must See Property!!

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$580,000 - 3170 Erin Mills Parkway Unit 131, Mississauga

Condo for Sale in Mississauga

82 days on market

Neighbourhood: Erin Mills

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13009846
Property Type
Condo
Status
active
Days on Site
82
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Welcome to 3170 Erin Mills Pkwy # 131. Stunning One Bedroom plus den condo in the nice neighborhood. Condo features 9 Ft Ceiling, No Carpet, Nice Kitchen with Stainless Steel Appliances, Quartz Counter, Backsplash, Breakfast Bar, Master Bedroom and God Size Den with Closet Organizers and with Accent Walls. The Den is Spacious and can be used as a second bedroom or a comfortable home office. Open Concept Living and Dinning, W/O to Private Balcony. Fantastic Amenities: Roof Top Terrace, Lounge, Party Room, Gym and Bike Storage, Excellent Location: Minutes to Major Highways, Transit, Erin Mills Town Centre, Hospital, UofT. A Must See Property!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.70/mo

Includes CMHC insurance ($16,182)

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5-yr fixed avg.

Principal: $522,000Interest: $354,528
Mortgage Amount$538,182
Total Interest$354,528
Est. Property Tax$411/mo
Total Cost$892,710

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

3170 Erin Mills Parkway Unit 131, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$1,213

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

Fair Market Value

At $829/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 82 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Erin Mills

I know 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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    MLS# W13009846 — 3170 Erin Mills Parkway Unit 131 | Battaglia Team