$495,000 - 570 Lolita Gardens Unit 421, Mississauga
Condo for Sale in Mississauga
New — Listed 4 days agoNeighbourhood: Cooksville
- MLS Number
- W13512690
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Welcome to this stylish 1-bedroom, 1-bathroom condo at 570 Lolita Gardens in Mississauga. This luxury unit features 9ft ceilings, rich dark wood cabinetry, granite countertops, stainless steel appliances, and walk-in ensuite laundry. Enjoy BBQing on the balcony, or take in the views from the stunning rooftop terrace. The building boasts a state-of-the-art fitness centre, designer-decorated lounge/party room with fireplace and bar, and is located just steps from Mississauga Transit, parks, and trails. With one underground parking space, one storage locker, and proximity to Square One, Sherway Gardens, highways (427, QEW, 403), and GO Stations, this modern residence offers approximately 594 sq. ft. of well-designed living space on the 4th floor - it's one of Mississauga's most desirable condo communities. Perfect for first time home buyers or someone downsizing.
Estimate your monthly payments for this property
Estimated Payment
$2,539.61/mo
Includes CMHC insurance ($13,811)
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.
Downtown Mississauga Living
Cooksville is Mississauga's original downtown, centered around the intersection of Hurontario and Dundas. Today, the neighbourhood is experiencing significant intensification with new high-rise developments joining established residential areas. Cooksville offers excellent transit connectivity and is positioned to benefit from the Hurontario LRT.
Why Live in Cooksville
- •Central downtown Mississauga location
- •Future Hurontario LRT stop
- •Diverse dining and shopping options
- •Excellent transit connections
- •Mix of high-rise and low-rise housing
Nearby Schools
Transit & Commuting
- •Cooksville GO Station
- •Future Hurontario LRT
- •Major MiWay hub
- •Easy access to Highway 403 and QEW
Parks & Amenities
- •Cooksville Creek Trail
- •Mississauga Central Library
- •Celebration Square (nearby)
- •Diverse restaurants and shops
- •Community health services
Lifestyle & Community
Cooksville offers urban convenience with multicultural vibrancy. The neighbourhood is ideal for those who prioritize transit access and diverse amenities.
570 Lolita Gardens Unit 421, 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 $990/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.
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 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 Cooksville
I know Cooksville 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.