3308 The Credit Woodlands N/A Unit 11, Mississauga

Price: $629,000

4 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13029024

Combining space and value, this beautifully updated townhome in the sought-after Credit Woodlands community offers an excellent opportunity for first-time buyers or investors seeking a move-in-ready home in a fantastic neighbourhood. Offering approximately 2,000sq. ft. of finished living space, the home features four generously sized bedrooms, including a private bedroom on the top floor-ideal for added privacy and separation. The home has been freshly painted and showcases all new kitchen appliances along with newly renovated bathrooms, and luxury vinyl floor throughout adding modern style and convenience throughout. The bright and functional main floor features a spacious kitchen, open-concept living and dining areas, and easy access to a private, low-maintenance backyard surrounded by mature trees. The upper bedrooms offer comfortable living space and ample closet storage, while the lower level provides versatile additional living space with a large recreation room-perfect for a home office, playroom, or guest area-along with a laundry room and extra storage. Just minutes from UTM, Erindale GO Station, Erindale Park, Riverwood Conservancy, Square One, walking trails, Credit Valley Golf and Country Club, and shopping.

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$629,000 - 3308 The Credit Woodlands N/A Unit 11, Mississauga

Condo for Sale in Mississauga

76 days on market

Neighbourhood: Erindale

4Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13029024
Property Type
Condo
Status
active
Days on Site
76
Bedrooms
4
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
SNOBAR REALTY GROUP INC.
Description

Combining space and value, this beautifully updated townhome in the sought-after Credit Woodlands community offers an excellent opportunity for first-time buyers or investors seeking a move-in-ready home in a fantastic neighbourhood. Offering approximately 2,000sq. ft. of finished living space, the home features four generously sized bedrooms, including a private bedroom on the top floor-ideal for added privacy and separation. The home has been freshly painted and showcases all new kitchen appliances along with newly renovated bathrooms, and luxury vinyl floor throughout adding modern style and convenience throughout. The bright and functional main floor features a spacious kitchen, open-concept living and dining areas, and easy access to a private, low-maintenance backyard surrounded by mature trees. The upper bedrooms offer comfortable living space and ample closet storage, while the lower level provides versatile additional living space with a large recreation room-perfect for a home office, playroom, or guest area-along with a laundry room and extra storage. Just minutes from UTM, Erindale GO Station, Erindale Park, Riverwood Conservancy, Square One, walking trails, Credit Valley Golf and Country Club, and shopping.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,227.10/mo

Includes CMHC insurance ($17,549)

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5-yr fixed avg.

Principal: $566,100Interest: $384,480
Mortgage Amount$583,649
Total Interest$384,480
Est. Property Tax$446/mo
Total Cost$968,129

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

3308 The Credit Woodlands N/A Unit 11, 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)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,993

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 $449/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.

Negotiation Opportunity

At 76 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.

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 Erindale

I know Erindale 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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    3308 The Credit Woodlands N/A Unit 11 | $629,000 | Battaglia Team