880 Dundas Street Unit 503, Mississauga

Price: $435,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13121588

This is an extraordinary opportunity to own one of the largest units at Kingsmere on the Park. Surrounded by beautiful parks and offering controlled entry for peace of mind, this spacious condo delivers both comfort and convenience. Enjoy premium amenities including an elevator, in-suite laundry, fully equipped gym, indoor pool, and a party room perfect for entertaining. You can always update the decor - but you can't add square footage. This generously sized unit provides the space you need to truly feel at home. Ideally located between Highway 403 and Lake Ontario, you'll have easy access to shopping, restaurants, and public transit, making everyday life effortless. Golf enthusiasts will also appreciate being just minutes from Mississauga Gold and Country Club. Above all else, this unit includes two owned underground parking spaces and a storage locker - a rare and valuable bonus. Don't miss your chance to secure one of the largest and most desirable units in this sought-after community.

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$435,000 - 880 Dundas Street Unit 503, Mississauga

Condo for Sale in Mississauga

55 days on market

Neighbourhood: Erindale

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13121588
Property Type
Condo
Status
active
Days on Site
55
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
West
Balcony
None
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

This is an extraordinary opportunity to own one of the largest units at Kingsmere on the Park. Surrounded by beautiful parks and offering controlled entry for peace of mind, this spacious condo delivers both comfort and convenience. Enjoy premium amenities including an elevator, in-suite laundry, fully equipped gym, indoor pool, and a party room perfect for entertaining. You can always update the decor - but you can't add square footage. This generously sized unit provides the space you need to truly feel at home. Ideally located between Highway 403 and Lake Ontario, you'll have easy access to shopping, restaurants, and public transit, making everyday life effortless. Golf enthusiasts will also appreciate being just minutes from Mississauga Gold and Country Club. Above all else, this unit includes two owned underground parking spaces and a storage locker - a rare and valuable bonus. Don't miss your chance to secure one of the largest and most desirable units in this sought-after community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.78/mo

Includes CMHC insurance ($12,137)

$
$
5%10%50%

5-yr fixed avg.

Principal: $391,500Interest: $265,896
Mortgage Amount$403,637
Total Interest$265,896
Est. Property Tax$308/mo
Total Cost$669,533

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

880 Dundas Street Unit 503, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$1,311

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 $435/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 55 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.

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 Erindale

I know Erindale 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    880 Dundas Street Unit 503, Mississauga | $435,000 | Battaglia Team