3500 South Millway N/A Unit 27, Mississauga

Price: $825,000

4 bedrooms, 4 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13526754

Welcome to this beautifully upgraded, move-in ready home in Erin Mills! Featuring a rare private two-car garage with direct indoor access, this sun-drenched 3+1 bedroom, 4-bathroom corner-unit condo townhouse offers a modern open layout with massive windows and fresh paint throughout. The upgraded contemporary white kitchen showcases a stylish coffered ceiling, dedicated coffee station, smart pull-out organizers, and elegant pot lights. A fully finished walkout basement features a spacious recreation room, an additional bedroom, and a washroom-perfect for guests or a home office. Outside, you will find a well-sized backyard offering direct gate access to the complex's outdoor pool. Residents also enjoy a children's play area and ample visitor parking. Enjoy an unbeatable location within walking distance to a vibrant plaza with Walmart, No Frills, Shoppers Drug Mart, and restaurants. It is also just minutes to Erin Mills Town Centre, Credit Valley Hospital, University of Toronto Mississauga, Costco, top-rated schools, parks, transit, and major highways. This complete home is an exceptional opportunity in one of Mississauga's most desirable communities.

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$825,000 - 3500 South Millway N/A Unit 27, Mississauga

Condo for Sale in Mississauga

Neighbourhood: Erin Mills

4Beds
4Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13526754
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
4
Bathrooms
4
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South West
Balcony
None
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Welcome to this beautifully upgraded, move-in ready home in Erin Mills! Featuring a rare private two-car garage with direct indoor access, this sun-drenched 3+1 bedroom, 4-bathroom corner-unit condo townhouse offers a modern open layout with massive windows and fresh paint throughout. The upgraded contemporary white kitchen showcases a stylish coffered ceiling, dedicated coffee station, smart pull-out organizers, and elegant pot lights. A fully finished walkout basement features a spacious recreation room, an additional bedroom, and a washroom-perfect for guests or a home office. Outside, you will find a well-sized backyard offering direct gate access to the complex's outdoor pool. Residents also enjoy a children's play area and ample visitor parking. Enjoy an unbeatable location within walking distance to a vibrant plaza with Walmart, No Frills, Shoppers Drug Mart, and restaurants. It is also just minutes to Erin Mills Town Centre, Credit Valley Hospital, University of Toronto Mississauga, Costco, top-rated schools, parks, transit, and major highways. This complete home is an exceptional opportunity in one of Mississauga's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,232.68/mo

Includes CMHC insurance ($23,018)

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5-yr fixed avg.

Principal: $742,500Interest: $504,286
Mortgage Amount$765,518
Total Interest$504,286
Est. Property Tax$584/mo
Total Cost$1,269,803

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

3500 South Millway N/A Unit 27, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$584
Insurance (est.)-$172
Net Cash Flow+$1,784

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 $688/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 16 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.

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.

Bathroom Count Matters

With 4 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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    3500 South Millway N/A Unit 27 | $825,000 | Battaglia Team