3345 Silverado Drive Unit #2, Mississauga

Price: $683,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13511574

Beautiful location in east Mississauga. Small , quiet complex. Traditional layout with main floor living area and walkout to the west facing backyard. Hardwood on main floor.Townhouse features an extra long driveway able to store 3 cars plus a garage.Clean non-smoking, no pet household. Large unfinished basement ready for your vision. Brand new washer and dryer. Close distance to No Frills, Metro, Mississauga Valley Community Centre, plaza, walk in clinic. Steps from bus route 3 with direct connection to Square One or to Kipling station providing access to Toronto subway system. It is also close to Cooksville GO station. For drivers, Highway 403, 401 and QEW are all easily accessible , making travel throughout Mississauga and GTA very convenient. Only 73 units with very dedicated , responsible owners. Ideally located offering exceptional convenience with amenities, recreation, schools, shopping, churches and transportation - all close to your door.

3345 Silverado Drive Unit #2 - Condo photo 1 of 19 in Mississauga, Ontario
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$683,000 - 3345 Silverado Drive Unit #2, Mississauga

Condo for Sale in Mississauga

97 days on market

Neighbourhood: Mississauga Valleys

3Beds
2Baths
1,400Sq Ft
Condo

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Property Details
MLS Number
W13511574
Property Type
Condo
Status
active
Days on Site
97
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Taxes (2026)
$4,384
Maintenance Fees
$619/mo
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Beautiful location in east Mississauga. Small , quiet complex. Traditional layout with main floor living area and walkout to the west facing backyard. Hardwood on main floor.Townhouse features an extra long driveway able to store 3 cars plus a garage.Clean non-smoking, no pet household. Large unfinished basement ready for your vision. Brand new washer and dryer. Close distance to No Frills, Metro, Mississauga Valley Community Centre, plaza, walk in clinic. Steps from bus route 3 with direct connection to Square One or to Kipling station providing access to Toronto subway system. It is also close to Cooksville GO station. For drivers, Highway 403, 401 and QEW are all easily accessible , making travel throughout Mississauga and GTA very convenient. Only 73 units with very dedicated , responsible owners. Ideally located offering exceptional convenience with amenities, recreation, schools, shopping, churches and transportation - all close to your door.

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Estimate your monthly payments for this property

Estimated Payment

$3,504.14/mo

Includes CMHC insurance ($19,056)

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5-yr fixed avg.

Principal: $614,700Interest: $417,488
Mortgage Amount$633,756
Total Interest$417,488
Est. Property Tax$484/mo
Total Cost$1,051,243

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: Mississauga Valleys

Discover Mississauga Valleys

Mississauga Valleys 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 Mississauga Valleys

  • •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

Mississauga Valleys 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

3345 Silverado Drive Unit #2, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$619
Property Tax (est.)-$484
Insurance (est.)-$142
Net Cash Flow+$1,835

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 $488/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 97 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. The $619/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.

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 Mississauga Valleys

I know Mississauga Valleys 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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    3345 Silverado Drive Unit #2, Mississauga | $683,000 | Battaglia Team