$514,900 - 7405 Goreway Drive Unit 104, Mississauga
Condo for Sale in Mississauga
34 days on marketNeighbourhood: Malton
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- MLS Number
- W13739582
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $2,622
- Maintenance Fees
- $576/mo
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
***GROUND-FLOOR CORNER UNIT WITH CONVENIENT DIRECT ACCESS - NO WAITING ON ELEVATORS!*** ENJOY A HOUSE-LIKE FEEL INSIDE THIS BRIGHT SPACIOUS APARTMENT (1050 SQ FT) WITH ABUNDANT NATURAL LIGHT POURING THROUGH WINDOWS ON TWO SIDES.IT OFFERS A FUNCTIONAL LAYOUT AND FEATURES A GENEROUS LIVING/DINING AREA WITH A WALKOUT FROM THE LIVING ROOM TO A PRIVATE PATIO. THE DEN CAN SERVE AS A HOME OFFICE OR ADPATED TO YOUR CONVENIENCE. THE MODERN KITCHEN OVERLOOKS THE LIVING AREA AND FEATURES GRANITE COUNTERS, BACKSPLASH, AMPLE CABINETRY, POT LIGHTS, AND A BUILT-IN DISHWASHER. NEWER FRIDGE AND RANGE. THE LARGE PRIMARY BEDROOM HAS A PRIVATE 4-PIECE ENSUITE AND SIZEABLE CLOSET. THE 2ND BEDROOM IS SPACIOUS IN SIZE.LOCATED IN A QUIET, CLEAN, WELL-MANAGED BUILDING WITH REASONABLE MAINTENANCE FEES AND OWNED UNDERGROUND PARKING. WALK 5-10 MINUTES TO WESTWOOD SQUARE, TRANSIT TERMINALS, TIM HORTONS, MALTON COMMUNITY CENTRE, AND LIBRARY, ETC ETC. SPACE, CONVENIENCE, AND OUTSTANDING VALUE-A MUST-SEE!
Estimate your monthly payments for this property
Estimated Payment
$2,641.70/mo
Includes CMHC insurance ($14,366)
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 Malton
Malton 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 Malton
- •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
Malton 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.
7405 Goreway Drive Unit 104, 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 $515/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 34 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 $576/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.
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 Malton
I know Malton 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.