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Condos under $500,000 in Mississauga

388 homes

Under $500KCondo
Map
2485 Eglinton Avenue W, Unit 907
2485 Eglinton Avenue W, Unit 907 — photo 2
1 / 15
New
For Sale
$317,900
1 ba
2485 Eglinton Avenue W, Unit 907, Mississauga
New today
MLS® W14145318 · THE DANIELS REALTY CORPORATION
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3883 Quartz Road, Unit 2504
3883 Quartz Road, Unit 2504 — photo 2
1 / 35
New
For Sale
$379,999
1 bd · 1 ba
3883 Quartz Road, Unit 2504, Mississauga
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MLS® W14144618 · Royal LePage Real Estate Associates
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2001 Bonnymede Drive, Unit 119
2001 Bonnymede Drive, Unit 119 — photo 2
1 / 39
New
For Sale
$464,900
3 bd · 1 ba
2001 Bonnymede Drive, Unit 119, Mississauga
New today
MLS® W14143878 · RE/MAX REALTY ENTERPRISES INC.
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3145 Queen Frederica Drive, Unit 608
3145 Queen Frederica Drive, Unit 608 — photo 2
1 / 28
New
For Sale
$349,900
2 bd · 1 ba
3145 Queen Frederica Drive, Unit 608, Mississauga
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MLS® W14143648 · Keller Williams Edge Realty
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28 Ann Street, Unit 209
28 Ann Street, Unit 209 — photo 2
1 / 32
New
For Sale
$349,900
1 bd · 1 ba
28 Ann Street, Unit 209, Mississauga
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MLS® W14143324 · Rock Star Real Estate Inc., Brokerage
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1001 Cedarglen Gate, Unit 212
1001 Cedarglen Gate, Unit 212 — photo 2
1 / 25
New
For Sale
$478,000
3 bd · 2 ba
1001 Cedarglen Gate, Unit 212, Mississauga
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MLS® W14143064 · SNOBAR REALTY GROUP INC.
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4699 Glen Erin Drive, Unit 403
4699 Glen Erin Drive, Unit 403 — photo 2
1 / 32
New
For Sale
$449,900
2 bd · 2 ba
4699 Glen Erin Drive, Unit 403, Mississauga
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MLS® W14142874 · MASTER`S TRUST REALTY INC.
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300 Webb Drive, Unit 704
300 Webb Drive, Unit 704 — photo 2
1 / 31
New
For Sale
$338,000
2 bd · 1 ba
300 Webb Drive, Unit 704, Mississauga
New today
MLS® W14142508 · RE/MAX ABOUTOWNE REALTY CORP.
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2495 Eglinton Avenue W, Unit 2413
2495 Eglinton Avenue W, Unit 2413 — photo 2
1 / 15
New
For Sale
$409,400
1 bd · 1 ba
2495 Eglinton Avenue W, Unit 2413, Mississauga
1 days on market
MLS® W14141314 · THE DANIELS REALTY CORPORATION
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3883 Quartz Road, Unit 2507
3883 Quartz Road, Unit 2507 — photo 2
New
For Sale
$399,000
2 bd · 1 ba
3883 Quartz Road, Unit 2507, Mississauga
1 days on market
MLS® W14141278 · MASTER`S TRUST REALTY INC.
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2545 Erin Centre Boulevard, Unit 1611
2545 Erin Centre Boulevard, Unit 1611 — photo 2
1 / 40
New
For Sale
$455,000
1 bd · 1 ba
2545 Erin Centre Boulevard, Unit 1611, Mississauga
1 days on market
MLS® W14141156 · Right At Home Realty
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220 Missinnihe Way, Unit 717
220 Missinnihe Way, Unit 717 — photo 2
New
For Sale
$440,708
1 bd · 1 ba
220 Missinnihe Way, Unit 717, Mississauga
1 days on market
MLS® W14140560 · BAKER REAL ESTATE INCORPORATED
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This page lists every condominium apartment for sale in Mississauga asking under $500,000, newest first. It is where most first-time buyers in the city start. The range is dominated by studios and one bedrooms in the newer City Centre and Hurontario towers, and by larger one and two bedroom suites in the older buildings of Mississauga Valleys, Applewood, Cooksville and Fairview, where a 1980s tower can offer more space for the same money.

The maintenance fee and what it includes decide the real monthly cost in this range. Many older Mississauga buildings include heat, hydro and water; many newer ones include none of them. Stan Bernardo's team keeps notes on management, fee history and reserve funds for the larger buildings and will tell you which ones to avoid.

Where the entry-level condos are

City Centre carries the most listings in this range, then Hurontario, Cooksville, Mississauga Valleys, Applewood and Fairview. Central Erin Mills, Clarkson and Meadowvale contribute a few low-rise complexes. The neighbourhood condo pages show medians and price per square foot for each area so you can see where a dollar buys the most floor.

Reading the fee

Divide the monthly fee by the suite's square footage and compare buildings on that number. Then check what the fee covers: in a building that includes utilities, a higher fee can still be the cheaper home. Ask for the status certificate and look at the reserve fund study; a tower built before 1990 with a healthy reserve is often a better buy than a newer one with a thin fund.

Questions people ask about Condos under $500,000 in Mississauga

What size condo can I get under $500,000 in Mississauga?

In the newer City Centre towers, mostly studios and one bedrooms. In the older buildings of Mississauga Valleys, Applewood and Cooksville, one and two bedroom suites with larger floor plans. The live list shows the current options.

Are older condo buildings in Mississauga safe to buy?

Many are well run and have completed their major capital work. The status certificate, reserve fund study and recent special assessments tell the story. The team can tell you what they know about specific buildings.

Do condos under $500,000 come with parking?

Often but not always. Some studio and one bedroom suites in City Centre are sold without a parking space, and some spaces are rented rather than owned. Each listing on this site shows what is included.

Sources: mississauga.ca · metrolinx.com · gotransit.com