5480 Glen Erin Drive Unit 83, Mississauga

Price: $859,888

2 bedrooms, 4 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W13829324

Absolute Gem! Bright and spacious executive townhome offering over 1,820 sq. ft. (MPAC) plus a finished basement! Featuring a beautifully designed open-concept living and dining area with gleaming floors and a walkout to a gorgeous deck and private backyard-perfect for relaxing or entertaining. The beautiful eat-in kitchen features a pantry, backsplash, under-cabinet lighting, stainless steel appliances, and a lovely breakfast area. A stunning skylight fills the home with an abundance of natural light. The well-appointed primary bedroom retreat offers a luxurious 5-piece ensuite with separate shower and soaker tub, a large walk-in closet, plus a gorgeous sitting area with fireplace. The spacious second bedroom is its own private retreat, complete with a 4-piece ensuite and sitting area. The finished basement provides even more living and entertaining space with a wet bar, large recreation room with built-ins, 2-piece bathroom, spacious laundry room, plenty of storage, and a cedar closet. Ideally located in the John Fraser & Gonzaga school districts, shopping, hospital, highways, parks, and everyday amenities. Situated in a highly sought-after enclave of executive luxury townhomes featuring an outdoor pool and amazing clubhouse, with landscaping plus driveway and walkway snow removal included! Spacious, bright and beautifully appointed-this is a true gem and an absolute must-see!

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active
New Listing

$859,888 - 5480 Glen Erin Drive Unit 83, Mississauga

Condo for Sale in Mississauga

New — Listed 4 days ago

Neighbourhood: Central Erin Mills

2Beds
4Baths
1,800Sq Ft
Condo

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Property Details
MLS Number
W13829324
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
4
Square Feet
1,800 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RIGHT AT HOME REALTY
Description

Absolute Gem! Bright and spacious executive townhome offering over 1,820 sq. ft. (MPAC) plus a finished basement! Featuring a beautifully designed open-concept living and dining area with gleaming floors and a walkout to a gorgeous deck and private backyard-perfect for relaxing or entertaining. The beautiful eat-in kitchen features a pantry, backsplash, under-cabinet lighting, stainless steel appliances, and a lovely breakfast area. A stunning skylight fills the home with an abundance of natural light. The well-appointed primary bedroom retreat offers a luxurious 5-piece ensuite with separate shower and soaker tub, a large walk-in closet, plus a gorgeous sitting area with fireplace. The spacious second bedroom is its own private retreat, complete with a 4-piece ensuite and sitting area. The finished basement provides even more living and entertaining space with a wet bar, large recreation room with built-ins, 2-piece bathroom, spacious laundry room, plenty of storage, and a cedar closet. Ideally located in the John Fraser & Gonzaga school districts, shopping, hospital, highways, parks, and everyday amenities. Situated in a highly sought-after enclave of executive luxury townhomes featuring an outdoor pool and amazing clubhouse, with landscaping plus driveway and walkway snow removal included! Spacious, bright and beautifully appointed-this is a true gem and an absolute must-see!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,411.67/mo

Includes CMHC insurance ($23,991)

$
$
5%10%50%

5-yr fixed avg.

Principal: $773,899Interest: $525,611
Mortgage Amount$797,890
Total Interest$525,611
Est. Property Tax$609/mo
Total Cost$1,323,501

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

5480 Glen Erin Drive Unit 83, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,000/mo
Range: $2,550 - $3,450
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,000
Maintenance Fees-$1,170
Property Tax (est.)-$609
Insurance (est.)-$179
Net Cash Flow+$1,042

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 $478/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.

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.

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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    5480 Glen Erin Drive Unit 83, Mississauga | $859,888 | Battaglia Team