$649,000 - 2495 Eglinton Avenue Unit 1209, Mississauga
Condo for Sale in Mississauga
- MLS Number
- W12773808
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- City
- Mississauga
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RISING STAR REALTY LTD.
Wow!! Located in the heart of Erin Mills, this beautifully designed 2-bedroom, 2-bathroom condo on the 12th floor offers a bright open-concept layout with serene north/West facing views. Enjoy the perfect blend of comfort and convenience just steps from Erin Mills Town Centre, Credit Valley Hospital, top-rated schools, scenic trails, and public transit, with easy access to Highway 403 and GO Transit. The modern kitchen features sleek quartz countertops, stainless steel appliances, and ample modern cabinetry-combining both style and functionality with breakfast island. The spacious living and dining area flows effortlessly to a private balcony, ideal for relaxing or entertaining. The primary suite includes a private en-suite bath and generous closet space, while the second bedroom is also spacious, offering flexibility for children, guests, or a home office. Additional highlights include in-suite laundry, one parking space and one locker included, providing added convenience and storage. Residents enjoy access to premium amenities such as a 24-hour concierge, co-working hub, boardroom, state-of-the-art fitness center, yoga studio, party lounge, games room, and an expansive outdoor terrace with firepit, gardening plots, and playground. Ideal for young families or professionals, this modern 12th-floor suite combines stylish finishes, exceptional amenities, and an unbeatable location-delivering the best of contemporary urban living in Mississauga. Act fast, do not wait!!
Estimate your monthly payments for this property
Estimated Payment
$3,329.71/mo
Includes CMHC insurance ($18,107)
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 Mississauga
Mississauga 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 Mississauga
- •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
Mississauga 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.
2495 Eglinton Avenue Unit 1209, Mississauga
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Rental income estimator & ROI calculator
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 25+ years of GTA real estate experience
Fair Market Value
At $811/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.