6720 Glen Erin Drive Unit 312, Mississauga

Price: $399,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13437392

Welcome to this bright and airy 1- bedroom, 1 bathroom condo complete with a parking spot and in-suite laundry. Offering a spacious, open-concept layout designed for comfortable everyday living. Thoughtfully updated and move-in ready, this home features durable laminate flooring, potlights throughout, and an abundance of natural light that fills the space beautifully. The functional layout makes the most of every square foot, with a generously sized bedroom, ample closet space, and a seamless flow between living, dining, and kitchen areas. The kitchen offers plenty of storage and workspace, making it as practical as it is inviting. Added bonuses include a new A/C and furnace for year-round comfort and peace of mind. Located in one of Mississauga's most convenient communities, you're just a short 5-minute walk to Meadowvale Town Centre with shops, restaurants, groceries, and everyday essentials at your doorstep. Commuters will love the quick 2-minute drive to Meadowvale GO Station, along with easy access to Highways 401 and 407. Costco, Walmart, parks, and schools are all just minutes away. An exceptional opportunity for first-time buyers, downsizers, or investors looking for a beautifully maintained home in a prime Meadowvale location.

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$399,900 - 6720 Glen Erin Drive Unit 312, Mississauga

Condo for Sale in Mississauga

Neighbourhood: Meadowvale

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13437392
Property Type
Condo
Status
active
Days on Site
25
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Welcome to this bright and airy 1- bedroom, 1 bathroom condo complete with a parking spot and in-suite laundry. Offering a spacious, open-concept layout designed for comfortable everyday living. Thoughtfully updated and move-in ready, this home features durable laminate flooring, potlights throughout, and an abundance of natural light that fills the space beautifully. The functional layout makes the most of every square foot, with a generously sized bedroom, ample closet space, and a seamless flow between living, dining, and kitchen areas. The kitchen offers plenty of storage and workspace, making it as practical as it is inviting. Added bonuses include a new A/C and furnace for year-round comfort and peace of mind. Located in one of Mississauga's most convenient communities, you're just a short 5-minute walk to Meadowvale Town Centre with shops, restaurants, groceries, and everyday essentials at your doorstep. Commuters will love the quick 2-minute drive to Meadowvale GO Station, along with easy access to Highways 401 and 407. Costco, Walmart, parks, and schools are all just minutes away. An exceptional opportunity for first-time buyers, downsizers, or investors looking for a beautifully maintained home in a prime Meadowvale location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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: Meadowvale

Master-Planned Community Excellence

Meadowvale is one of Canada's first and most successful master-planned communities. Developed in the 1970s and 80s, the neighbourhood was designed with abundant green space, excellent schools, and a balanced mix of housing types. Today, Meadowvale remains a popular choice for families seeking affordability without sacrificing quality of life.

Why Live in Meadowvale

  • Extensive parks and trail system
  • Top-rated schools including Meadowvale Secondary
  • Diverse, multicultural community
  • Convenient shopping and services
  • Strong value proposition for families

Nearby Schools

Meadowvale Secondary SchoolPublic High School
St. Martin Secondary SchoolCatholic High School
Meadowvale Village PSPublic Elementary
Blessed Sacrament Catholic SchoolCatholic Elementary

Transit & Commuting

  • Meadowvale GO Station
  • Multiple MiWay bus routes
  • Close to Highway 401 and 403
  • 15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Meadowvale Town Centre
  • Iceland Arena
  • Meadowvale Community Centre
  • Extensive trail network
  • Multiple shopping plazas

Lifestyle & Community

Meadowvale offers excellent value with comprehensive community amenities. The neighbourhood is ideal for families seeking good schools, safe streets, and plenty of recreational opportunities.

52
Walk Score
$700K - $1.4M
Price Range

6720 Glen Erin Drive Unit 312, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,044

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 $667/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 25 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.

Efficient Living

At 600 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 Meadowvale

I know Meadowvale 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.

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    6720 Glen Erin Drive Unit 312, Mississauga | $399,900 | Battaglia Team