$425,000 - 570 Lolita Gardens Unit 401, Mississauga
Condo for Sale in Mississauga
35 days on marketNeighbourhood: Mississauga Valleys
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- MLS Number
- W13736050
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $2,760
- Maintenance Fees
- $483/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- SHORELINE REALTY CORP.
TOP FLOOR PRIVACY : NO NEIGHBOURS ABOVE OR BESIDE *OVERSIZED BALCONY* TWO SIDE BY SIDE PARKING SPOTS* THIS IS A ADDED BONUS COMPARED TO OTHER UNITS IN THE BUILDING* FANTASTIC LOCATION* Easy access to HWY for communting , shopping, great schools & parks. Perfect unit, well care for with updated flooring in kitchen & newer washer / dryer. Kitchen over looks living area which leads to huge balcony with sliding doors providing ample light and extended living area. Nice size bedroom with closet. In suite laundry and storage-** Need additional space ? This unit comes with an owned locker too* This building is a quiet residence enjoyable for anyone looking for place to call home. Building features, exercise room, party room & roof top patio complete with BBQ for larger gatherings. No frills, Cedarbrae Park are walking distance for easy runs for groceries or just a walk in the park. Pets are permitted ( with restrictions)
Estimate your monthly payments for this property
Estimated Payment
$2,180.47/mo
Includes CMHC insurance ($11,858)
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 Mississauga Valleys
Mississauga Valleys 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 Mississauga Valleys
- •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
Mississauga Valleys 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.
570 Lolita Gardens Unit 401, 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
Fair Market Value
At $850/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 35 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. The $483/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 500 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 Mississauga Valleys
I know Mississauga Valleys 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.