601 SHORELINE Drive Unit 181, Mississauga

Price: $699,900

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13865018

Rare, affordable & beautifully upgraded 2-storey townhome in a highly convenient Mississauga location. Ideal for first-time buyers, downsizers, or investors. This spacious, move-in-ready home features rich hardwood flooring on the main & upper levels, designer lighting & a bright open-concept living/dining area with an electric fireplace. The modern eat-in kitchen features oak cabinetry, granite counters, a stylish backsplash & stainless-steel appliances, including a stove, dishwasher & microwave (2025), plus a Samsung Smart Fridge with touchscreen (2021). Double French doors open to a covered balcony with green turf, ideal for BBQs & outdoor relaxation. Elegant staircase with oak treads & wrought-iron pickets leads to the upper level. Generous primary bedroom features a walk-in closet with organizers (2023) & private ensuite. Bright second bedroom with multiple windows is ideal as a bedroom, guest room, or home office. Both upper-level bathrooms have been beautifully renovated with porcelain tile, quartz counters, modern vanities/fixtures & a frameless glass shower in the ensuite. Finished basement offers additional recreation, office or gym space, laundry, ample storage & direct garage access. Dual front entrances & 2 parking spaces. Minutes to waterfront, trails, parks, Square One, Cooksville GO, LRT, transit, hospital, community/recreation centres, U of T Mississauga, Sheridan College, grocery stores & major retailers. Convenient access to QEW, Hwy 401 & 407.

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active
New Listing

$699,900 - 601 SHORELINE Drive Unit 181, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: Cooksville

3Beds
3Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
W13865018
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Taxes (2026)
$4,146
Maintenance Fees
$392/mo
Locker
Ensuite
Exposure
East
Balcony
Open
Listing Brokerage
KINGSWAY REAL ESTATE
Description

Rare, affordable & beautifully upgraded 2-storey townhome in a highly convenient Mississauga location. Ideal for first-time buyers, downsizers, or investors. This spacious, move-in-ready home features rich hardwood flooring on the main & upper levels, designer lighting & a bright open-concept living/dining area with an electric fireplace. The modern eat-in kitchen features oak cabinetry, granite counters, a stylish backsplash & stainless-steel appliances, including a stove, dishwasher & microwave (2025), plus a Samsung Smart Fridge with touchscreen (2021). Double French doors open to a covered balcony with green turf, ideal for BBQs & outdoor relaxation. Elegant staircase with oak treads & wrought-iron pickets leads to the upper level. Generous primary bedroom features a walk-in closet with organizers (2023) & private ensuite. Bright second bedroom with multiple windows is ideal as a bedroom, guest room, or home office. Both upper-level bathrooms have been beautifully renovated with porcelain tile, quartz counters, modern vanities/fixtures & a frameless glass shower in the ensuite. Finished basement offers additional recreation, office or gym space, laundry, ample storage & direct garage access. Dual front entrances & 2 parking spaces. Minutes to waterfront, trails, parks, Square One, Cooksville GO, LRT, transit, hospital, community/recreation centres, U of T Mississauga, Sheridan College, grocery stores & major retailers. Convenient access to QEW, Hwy 401 & 407.

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Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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: Cooksville

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

Gordon Graydon Memorial SSPublic High School
Cawthra Park Secondary SchoolPublic High School
Floradale Public SchoolPublic Elementary
Holy Name of Mary Catholic SchoolCatholic Elementary

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.

78
Walk Score
$400K - $900K
Price Range

601 SHORELINE Drive Unit 181, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$392
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,726

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 $700/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 $392/month fees should cover building insurance, common elements, and reserve contributions.

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 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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    601 SHORELINE Drive Unit 181, Mississauga | $699,900 | Battaglia Team