$949,900 - 5490 Glen Erin Drive Unit 6, Mississauga
Condo for Sale in Mississauga
New — Listed todayNeighbourhood: Central Erin Mills
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- MLS Number
- W14117824
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $7,768
- Maintenance Fees
- $796/mo
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
A RARE FOREST-VIEW RETREAT IN ENCLAVE ON THE PARK! Discover the largest model in this prestigious Central Erin Mills community, offering an impressive 2,116 sq. ft. above grade, spectacular views overlooking Sugar Maple Woods and the space of a traditional home without the burden of exterior upkeep. This exceptional 3-bedroom residence features an expansive patio overlooking a beautiful wooded setting - a peaceful sanctuary for morning coffee, outdoor dining and entertaining. Inside, soaring 15.9-ft ceilings create a dramatic living room filled with natural light and captivating forest views. The elegant dining area accommodates large gatherings, while the renovated kitchen offers stainless steel appliances, abundant cabinetry and a separate breakfast area. The inviting family room with gas fireplace walks out to the patio. Main-floor laundry with sink and storage, direct garage access and parking for 4 vehicles add everyday convenience. Upstairs, the expansive primary suite boasts 3 closets and a 5-piece ensuite with double sinks and Jacuzzi tub. Two additional spacious bedrooms, a 4-piece bath and an open-concept loft/office overlooking the living room offer exceptional flexibility. MAJOR RECENT UPGRADES include WINDOWS REPLACED THROUGHOUT (2024), NEW AIR CONDITIONER (2024) and NEWER FURNACE (2023)-providing valuable peace of mind. The spacious finished basement features a surround-sound media area, recreation space, wine room, 3-piece bath and abundant storage. Enjoy the Enclave lifestyle with landscaped grounds, outdoor pool, clubhouse, park-like surroundings and professionally managed exterior maintenance and snow removal. An exceptional opportunity for downsizers seeking space without compromise or families looking for room to grow!
Estimate your monthly payments for this property
Estimated Payment
$4,873.48/mo
Includes CMHC insurance ($26,502)
5-yr fixed avg.
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.
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
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.
5490 Glen Erin Drive Unit 6, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $475/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 $796/month fees should cover building insurance, common elements, and reserve contributions.
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.