$838,888 - 5950 Glen Erin Drive Unit 50, Mississauga
Condo for Sale in Mississauga
47 days on marketNeighbourhood: Central Erin Mills
- MLS Number
- W13536926
- Property Type
- Condo
- Status
- active
- Days on Site
- 47
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Nestled within the highly coveted, family-centric Central Erin Mills enclave, the Daniels Britannia Terraces complex has one of the lowest maintenance fees in the area. This rare, sun-drenched end-unit unit showcases an airy, open-concept layout enhanced by extra windows and a premium lot position backing onto a serene parkette. Newly renovated interior! The whole house has been repainted including ceiling, door frames, window trim & baseboards. New light fixtures. The kitchen boasts all brand new cabinetry with custom pullout spice rack & wine rack, quartz counter top with matching backsplash, rangehood, modern workstation sink with rollup drying rack & sliding cutting board plus digital temperature display faucet. New light fixtures & accessories in powder rm. New bathrm vanities, mirrors, lighting, sinks, faucets & accessories on 2nd level. Brand new large tile flooring in foyer & kitchen plus new vinyl flooring & stairs in bsmt. The fully finished bsmt expands the living space with a versatile recreation rm and a convenient 3pc bathrm. Seamless daily functionality is assured with direct garage access & private driveway. This blue-chip location boasts an exceptional walkability profile, positioning residents mere steps from bustling retail strips, daily gourmet conveniences, and pristine local parklands. Strategically engineered for discerning families & commuters alike, the property commands an elite educational cachet with seamless district access to top-tier ranked institutions including John Fraser and St. Aloysius Gonzaga Secondary Schools. Commuter logistics are equally unparalleled, offering rapid transit connectivity via the immediate Hwy 403/407 network, the Erin Mills Transit way, and both the Streetsville & Lisgar GO Stns, solidifying this property as a premier residential address and a highly stable, appreciating real estate investment. Move in ready! Listing contains virtually staged photos, actual property is vacant.
Estimate your monthly payments for this property
Estimated Payment
$4,303.93/mo
Includes CMHC insurance ($23,405)
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.
5950 Glen Erin Drive Unit 50, 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 $699/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.
Negotiation Opportunity
At 47 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.