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Condos under $500,000 in Mississauga

390 homes

Under $500KCondo
Map
830 E Scollard Court E, Unit 102
830 E Scollard Court E, Unit 102 — photo 2
1 / 40
New
For Sale
$399,999
2 bd · 1 ba
830 E Scollard Court E, Unit 102, Mississauga
New today
MLS® W14153718 · SUTTON GROUP - SUMMIT REALTY INC.
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1300 Mississauga Valley Boulevard, Unit 511
1300 Mississauga Valley Boulevard, Unit 511 — photo 2
1 / 25
New
For Sale
$499,000
3 bd · 2 ba
1300 Mississauga Valley Boulevard, Unit 511, Mississauga
New today
MLS® W14152900 · RE/MAX REAL ESTATE CENTRE INC.
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60 Absolute Avenue, Unit 1704
60 Absolute Avenue, Unit 1704 — photo 2
1 / 22
New
For Sale
$488,000
2 bd · 2 ba
60 Absolute Avenue, Unit 1704, Mississauga
New today
MLS® W14152184 · RIGHT AT HOME REALTY
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335 Webb Drive, Unit 708
335 Webb Drive, Unit 708 — photo 2
1 / 9
New
For Sale
$489,000
3 bd · 2 ba
335 Webb Drive, Unit 708, Mississauga
New today
MLS® W14150540 · ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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448 Burnhamthorpe Road W, Unit 2007
448 Burnhamthorpe Road W, Unit 2007 — photo 2
1 / 29
New
For Sale
$449,000
1 bd · 1 ba
448 Burnhamthorpe Road W, Unit 2007, Mississauga
1 days on market
MLS® W14150070 · RIGHT AT HOME REALTY
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250 Webb Drive, Unit 1015
250 Webb Drive, Unit 1015 — photo 2
1 / 40
New
For Sale
$499,900
3 bd · 2 ba
250 Webb Drive, Unit 1015, Mississauga
1 days on market
MLS® W14149668 · CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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8 Nahani Way, Unit 1903
8 Nahani Way, Unit 1903 — photo 2
1 / 22
New
For Sale
$484,999
2 bd · 2 ba
8 Nahani Way, Unit 1903, Mississauga
1 days on market
MLS® W14149372 · CITYSCAPE REAL ESTATE LTD.
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1050 Stainton Drive, Unit 223
1050 Stainton Drive, Unit 223 — photo 2
1 / 36
New
For Sale
$430,000
3 bd · 2 ba
1050 Stainton Drive, Unit 223, Mississauga
1 days on market
MLS® W14149266 · ROYAL LEPAGE PLATINUM REALTY
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483 Faith Drive, Unit 402
483 Faith Drive, Unit 402 — photo 2
1 / 40
New
For Sale
$429,000
2 bd · 2 ba
483 Faith Drive, Unit 402, Mississauga
1 days on market
MLS® W14149046 · RE/MAX PROFESSIONALS INC.
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3605 Kariya Drive, Unit PH4
3605 Kariya Drive, Unit PH4 — photo 2
1 / 40
New
For Sale
$499,900
2 bd · 2 ba
3605 Kariya Drive, Unit PH4, Mississauga
1 days on market
MLS® W14148722 · HARVEY KALLES REAL ESTATE LTD.
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4640 Kimbermount Avenue, Unit 507
4640 Kimbermount Avenue, Unit 507 — photo 2
1 / 23
New
For Sale
$399,000
2 bd · 2 ba
4640 Kimbermount Avenue, Unit 507, Mississauga
1 days on market
MLS® W14147818 · RE/MAX REALTY SPECIALISTS INC.
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3025 Queen Frederica Drive, Unit 502
3025 Queen Frederica Drive, Unit 502 — photo 2
1 / 16
New
For Sale
$499,900
3 bd · 2 ba
3025 Queen Frederica Drive, Unit 502, Mississauga
1 days on market
MLS® W14147624 · RE/MAX ABOUTOWNE REALTY CORP.
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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