5535 Glen Erin Drive Unit 15, Mississauga

Price: $899,900

4 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W13649402

RARE DOUBLE GARAGE TOWNHOME WITH A PRIVATE BACKYARD OASIS! Welcome to one of the most desirable townhomes in Central Erin Mills! Built by Daniels and offering 1,894 sq. ft. of finished living space, this exceptional home combines a functional family layout with rare features seldom found in condo townhomes. Located within the highly sought-after John Fraser Secondary, St. Aloysius Gonzaga Secondary, Thomas Street Middle School and Middlebury Public School districts, this bright and beautifully maintained home is ideal for families seeking space, comfort and convenience. Step inside to soaring 12-ft cathedral ceilings in the living room, hardwood flooring throughout the main and upper levels, pot lights throughout, and a spacious modern kitchen featuring quartz countertops, a large centre island, breakfast area and walkout to an oversized raised deck overlooking a fully fenced private backyard oasis. Unlike many townhomes, the backyard is not shared with neighbouring units, creating a truly private outdoor retreat complete with a hot tub, gas BBQ and storage shed-perfect for entertaining or relaxing. The spacious primary bedroom features a walk-in closet and a luxurious 5-piece ensuite with separate shower and soaker tub. Additional highlights include an updated powder room, double garage with direct access to both the home and backyard, furnace (2015), A/C (2015), roof (2017), gas stove, refrigerator (2024), washer (2023), newer primary bedroom windows, and custom built-in bed frame and nightstands included. Residents enjoy outstanding community amenities including an outdoor pool, playground and visitor parking. Ideally located just minutes to Erin Mills Town Centre, Streetsville GO Station, Credit Valley Hospital, parks, trails, public transit and Highways 403, 401 and 407. A rare opportunity to own one of the community's premier family homes with a combination of size, privacy, location and features rarely available.

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$899,900 - 5535 Glen Erin Drive Unit 15, Mississauga

Condo for Sale in Mississauga

Neighbourhood: Central Erin Mills

4Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W13649402
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
4
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

RARE DOUBLE GARAGE TOWNHOME WITH A PRIVATE BACKYARD OASIS! Welcome to one of the most desirable townhomes in Central Erin Mills! Built by Daniels and offering 1,894 sq. ft. of finished living space, this exceptional home combines a functional family layout with rare features seldom found in condo townhomes. Located within the highly sought-after John Fraser Secondary, St. Aloysius Gonzaga Secondary, Thomas Street Middle School and Middlebury Public School districts, this bright and beautifully maintained home is ideal for families seeking space, comfort and convenience. Step inside to soaring 12-ft cathedral ceilings in the living room, hardwood flooring throughout the main and upper levels, pot lights throughout, and a spacious modern kitchen featuring quartz countertops, a large centre island, breakfast area and walkout to an oversized raised deck overlooking a fully fenced private backyard oasis. Unlike many townhomes, the backyard is not shared with neighbouring units, creating a truly private outdoor retreat complete with a hot tub, gas BBQ and storage shed-perfect for entertaining or relaxing. The spacious primary bedroom features a walk-in closet and a luxurious 5-piece ensuite with separate shower and soaker tub. Additional highlights include an updated powder room, double garage with direct access to both the home and backyard, furnace (2015), A/C (2015), roof (2017), gas stove, refrigerator (2024), washer (2023), newer primary bedroom windows, and custom built-in bed frame and nightstands included. Residents enjoy outstanding community amenities including an outdoor pool, playground and visitor parking. Ideally located just minutes to Erin Mills Town Centre, Streetsville GO Station, Credit Valley Hospital, parks, trails, public transit and Highways 403, 401 and 407. A rare opportunity to own one of the community's premier family homes with a combination of size, privacy, location and features rarely available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

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5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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

5535 Glen Erin Drive Unit 15, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,640/mo
Range: $3,094 - $4,186
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,640
Maintenance Fees-$1,040
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,776

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 $562/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 3 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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    5535 Glen Erin Drive Unit 15, Mississauga | $899,900 | Battaglia Team