2945 Thomas Street Unit 98, Mississauga

Price: $3,000

3 bedrooms, 2 bathrooms

1,000 sq ft

Property Type: Condo

MLS#: W12722592

Erin Mills end unit offering three bedrooms and two bathrooms in a quiet executive complex. The large eat in kitchen is filled with natural light, finished with ceramic flooring, and features a walkout to a private deck. The main floor includes a comfortable family room and convenient ensuite laundry. Parking includes one garage space and one driveway space, with visitor parking nearby. The setting is calm and well maintained. The location provides quick access to shopping, Churchill Meadows Community Centre and Sports Park, transit, and major highways 401/403/407

2945 Thomas Street Unit 98, Mississauga - Image 1
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$3,000 - 2945 Thomas Street Unit 98, Mississauga

Condo for Sale in Mississauga

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12722592
Property Type
Condo
Status
active
Days on Market
16
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
City
Mississauga
Locker
None
Exposure
East
Balcony
None
Description

Erin Mills end unit offering three bedrooms and two bathrooms in a quiet executive complex. The large eat in kitchen is filled with natural light, finished with ceramic flooring, and features a walkout to a private deck. The main floor includes a comfortable family room and convenient ensuite laundry. Parking includes one garage space and one driveway space, with visitor parking nearby. The setting is calm and well maintained. The location provides quick access to shopping, Churchill Meadows Community Centre and Sports Park, transit, and major highways 401/403/407

Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

2945 Thomas Street Unit 98, 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)
842.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$2
Insurance (est.)-$1
Net Cash Flow+$2,107

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $3/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 16 days on market, 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.

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.

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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