4655 Metcalfe Avenue Unit B101, Mississauga

Price: $595,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W14104132

Welcome to this bright and spacious suite at 4655 Metcalfe Avenue, featuring a welcoming foyer that opens into an inviting open concept living space with sunny views and access to a large terrace. The modern kitchen is complete with a breakfast bar and flows seamlessly into the living and dining areas, creating a functional layout ideal for both everyday living and entertaining. The versatile den offers additional flexibility, perfect for a home office or a separate dining space, while the expansive terrace provides an inviting extension of the living room. The spacious primary bedroom features a double closet, a three piece ensuite, and an additional walkout to the terrace. The second bedroom is equally inviting, with a closet and plenty of natural light. Complete with two parking spaces, this suite offers a well designed layout with plenty of room to live, work, and entertain. Located in the desirable Central Erin Mills community, enjoy the convenience of being steps to Erin Mills Town Centre, with an abundance of shopping, restaurants, and everyday amenities nearby. With easy access to Highways 403 and 407 for commuters. An excellent opportunity to enjoy comfortable condo living in a well connected neighbourhood.

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$595,000 - 4655 Metcalfe Avenue Unit B101, Mississauga

Condo for Sale in Mississauga

New — Listed today

Neighbourhood: Central Erin Mills

2Beds
2Baths
800Sq Ft
Condo

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Property Details
MLS Number
W14104132
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Taxes (2026)
$3,547
Maintenance Fees
$780/mo
Locker
Owned
Exposure
South West
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to this bright and spacious suite at 4655 Metcalfe Avenue, featuring a welcoming foyer that opens into an inviting open concept living space with sunny views and access to a large terrace. The modern kitchen is complete with a breakfast bar and flows seamlessly into the living and dining areas, creating a functional layout ideal for both everyday living and entertaining. The versatile den offers additional flexibility, perfect for a home office or a separate dining space, while the expansive terrace provides an inviting extension of the living room. The spacious primary bedroom features a double closet, a three piece ensuite, and an additional walkout to the terrace. The second bedroom is equally inviting, with a closet and plenty of natural light. Complete with two parking spaces, this suite offers a well designed layout with plenty of room to live, work, and entertain. Located in the desirable Central Erin Mills community, enjoy the convenience of being steps to Erin Mills Town Centre, with an abundance of shopping, restaurants, and everyday amenities nearby. With easy access to Highways 403 and 407 for commuters. An excellent opportunity to enjoy comfortable condo living in a well connected neighbourhood.

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Estimate your monthly payments for this property

Estimated Payment

$3,052.66/mo

Includes CMHC insurance ($16,601)

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5-yr fixed avg.

Principal: $535,500Interest: $363,697
Mortgage Amount$552,101
Total Interest$363,697
Est. Property Tax$421/mo
Total Cost$915,798

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: Central Erin Mills

Discover Central Erin Mills

Central Erin Mills 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 Central Erin Mills

  • •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

Central Erin Mills 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

4655 Metcalfe Avenue Unit B101, 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)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$780
Property Tax (est.)-$421
Insurance (est.)-$124
Net Cash Flow+$875

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 $744/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $780/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 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 Central Erin Mills

I know Central 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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    4655 Metcalfe Avenue Unit B101 | $595,000 | Battaglia Team