Blurry image for 3401 Ridgeway Dr #301, Mississauga Ontario L5L 5T3
58 days on Market

3401 Ridgeway Dr #301, Mississauga, Ontario L5L 5T3

In the same building:
-
Condo
1
1
~0-499 sqft
$439,999
Get pre-qualifiedPowered by nesto
Condo
1
1
~0-499 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market58 days

Estimated valueNot available

Price/Sqft$441/sqft

Monthly cost

Open Calculator

Description

Welcome to this modern, freshly painted condo in the highly desirable Erin Mills area of Mississauga-an outstanding turnkey investment opportunity. This unit is already leased to a reliable AAA tenant, making it ideal for investors seeking immediate and stable rental income. The bright and efficient 1-bedroom layout features a full bathroom, an open-concept living and dining space, and a private balcony, offering strong appeal to quality tenants. The upgraded full-size kitchen is equipped with quartz countertops, a stylish backsplash, and stainless steel appliances-enhancing long-term rental value and tenant satisfaction. Enjoy hassle-free ownership with rent starting from day one, making this a perfect addition to any investment portfolio. Located in a high-demand rental area close to UTM, major shopping centres, Credit Valley Hospital, parks, trails, Costco, community centres, public transit, GO bus service, and quick access to Highways 401, 403, and 407. Additional features include ensuite laundry, one underground parking space, and internet included in the maintenance fees-further increasing tenant appeal and convenience. A rare opportunity to secure a low-maintenance, income-generating property in a prime location.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~0-499 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW12801648
Community NameLower Erin Mills
Data SourceTRREB
Listing byCENTURY 21 PROPERTY ZONE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

Main Floor

Living

0.0 x 0.0

Primary

0.0 x 0.0

Kitchen

0.0 x 0.0


Features

Patio: Encl
Balcony: Encl

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Feb 19, 2026
ListedActive
$439,999
58 days on market
history photo preview13
Listing by trreb®
Property listed by CENTURY 21 PROPERTY ZONE REALTY INC., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Lower Erin Mills

Geo Zone Map ThumbnailLower Erin Mills

Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2025

28 days

2024

19 days

2023

23 days

New Listings

Past 30 days

20 listings

Compared to

2025

38 listings

2024

22 listings

2023

21 listings

Units sold

Past 30 days

10 units

Compared to

2025

9 units

2024

21 units

2023

15 units

Median Sold Price

Past 30 days

$627,500

Compared to

2025

$742,000

2024

$800,000

2023

$600,000


Population and Demographics

Overview

Total population 41369
Average household income $143,772

Age (%)

0 to 19
20%
20 to 34
19%
35 to 49
17%
50 to 64
22%
65 and plus
21%

Household composition (%)

Single family
76%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
66%
Polish
5%
Mandarin
4%
Arabic
4%
Urdu
4%
Others
3%
Tagalog (Pilipino, Filipino)
3%
Spanish
2%
Yue (Cantonese)
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
78%
Renters
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget