4879 Kimbermount Avenue Unit 902, Mississauga

Price: $399,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13530722

Welcome to Unit 902 at Papillon Place, a spacious 1 bedroom plus den suite in the heart of Central Erin Mills. The den works perfectly as a home office or flexible living space. This well-managed mid-rise building offers 24-hour concierge service, an indoor heated pool, fully-equipped fitness room, sauna, rooftop terrace, and party room, with visitor parking available. All utilities are included except cable and internet. Located in one of Mississauga's most desirable neighborhoods, Unit 902 puts you steps away from Erin Mills Town Centre, Credit Valley Hospital, and public transit. The area is ideal for families and professionals, with proximity to top-ranked schools including John Fraser Secondary School, St. Aloysius Gonzaga Secondary School, and Credit Valley Elementary School, as well as the University of Toronto Mississauga campus. Commuting is seamless with quick access to Highways 401, 403, 407, and the QEW, connecting you to downtown Toronto, Pearson Airport, and beyond. This is where location, convenience, and community converge.

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New Listing
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$399,900 - 4879 Kimbermount Avenue Unit 902, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Central Erin Mills

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13530722
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
Real Broker Ontario Ltd.
Description

Welcome to Unit 902 at Papillon Place, a spacious 1 bedroom plus den suite in the heart of Central Erin Mills. The den works perfectly as a home office or flexible living space. This well-managed mid-rise building offers 24-hour concierge service, an indoor heated pool, fully-equipped fitness room, sauna, rooftop terrace, and party room, with visitor parking available. All utilities are included except cable and internet. Located in one of Mississauga's most desirable neighborhoods, Unit 902 puts you steps away from Erin Mills Town Centre, Credit Valley Hospital, and public transit. The area is ideal for families and professionals, with proximity to top-ranked schools including John Fraser Secondary School, St. Aloysius Gonzaga Secondary School, and Credit Valley Elementary School, as well as the University of Toronto Mississauga campus. Commuting is seamless with quick access to Highways 401, 403, 407, and the QEW, connecting you to downtown Toronto, Pearson Airport, and beyond. This is where location, convenience, and community converge.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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

4879 Kimbermount Avenue Unit 902, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,044

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 $667/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. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 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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    4879 Kimbermount Avenue Unit 902 | $399,900 | Battaglia Team