508-2565 Erin Centre Blvd
Central Erin Mills, Mississauga, Ontario L5M 6Z8
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $855at the range’s middle
- Tax a year
- $2,4092025 tax year
- Built
- 16-30
- Parking
- 22 underground
- Days on market
- Members
The brief
About 508-2565 Erin Centre Blvd
508-2565 Erin Centre Blvd is a 1-bedroom, 1-bathroom condo in Central Erin Mills, Mississauga, listed for sale at an asking price of $470,000 (MLS® W12647080).
Beautiful 1 Br 1 Bath unit with a large private balcony overlooking a tranquil ravine/forest. This special and spacious unit features smooth ceilings (no popcorn!) modern light fixtures, floor to ceiling windows in the living area, upgraded baseboards, and LVP flooring in the living and bedroom areas. The stunning kitchen boasts newer stainless-steel appliances, subway-tiled backsplash; quartz counters; double undermount sink; and breakfast bar. The 4-pc bathroom has a huge tub and updated cabinet/counters. This unit comes with 2 OWNED underground parking spots. If one is all you need, rent or sell the second one. And, your own exclusive locker 'room', is conveniently located just behind your parking spots. Like to BBQ? There's a gas hookup on the balcony. And Gas, Water and Hydro are all included in your maintenance fees.This well run complex offers high-end amenities, such as 24 Hr Gatehouse Security, Indoor Pool, Gym, Hot Tub/Sauna, Tennis Court, Party Room, Library and more. The location is super convenient, just steps to restaurants and fantastic shopping, including Erin Mills Town Centre. Transit is at your door. The Credit Valley Hospital and fantastic schools, including U of T Miss are minutes away. Many parks and trails can be found in the neighbourhood, with a dog park around the corner. Hwy 403 and 407 are 5 mins away. Nothing to do, just move in! Check out the 360 virtual tour for more details.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall31/100−$882/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 10 condos with 1 bedroom for lease in Central Erin Mills right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,409 / 2025
- MLS® number
- W12647080
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Central Erin Mills
- Municipality
- Mississauga
Building
- Size
- 500-599 sqft
- Building Age
- 16-30
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stove; Built in Hood Fan; Refrigerator; Dishwasher; Washer & Dryer; All Electric Light Fixtures
- Condo maint.
- $686
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.71 × 2.19 m | Ceramic Back Splash, Double Sink, Quartz Counter | Flat |
| Living | 5.38 × 5.14 m | O/Looks Ravine, W/O To Balcony | Flat |
| Br | 4.07 × 3.1 m | Double Closet, O/Looks Ravine | Flat |
Listing history
Buy/sell history for 508-2565 Erin Centre Blvd, Mississauga, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $470,000 | N/A | Pc | W12647080 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $94,000
- Total mortgage amount
- $376,000
- Total interest payment
- $267,500
- Total purchase cost
- $737,500
- Mortgage payment
- $2,145/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
53%Monthly carrying cost
$3,032- Rent $2,150
- Shortfall $882
Rental income opens at $2,150, the median asking rent of 10 comparable homes for lease in Central Erin Mills. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $5,875
- Total land transfer tax
- $5,875
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $1,875
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $470,000
- $1,400
- Ontario total
- $5,875
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Inside Credit Valley Conservation’s mapped regulated areaWork on the property, such as an addition or grading, may need a permit from Credit Valley Conservation. It does not mean the house floods.At the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m2 test or monitoring holes also recorded.250 m
Credit Valley Conservation · Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Ardent Mills ULC — Streetsville, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Credit Valley Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under Credit Valley Conservation Open Data Licence v1.0.
The market
Condos for sale in Central Erin Mills right now
- For sale now
- 70
- Median asking price
- $494K
- New in 7 days
- 9
- Price cuts
- 24%
Middle half: $423K to $587K
30 in 28 days
17 listings
This home is asking 5% below the median.
See all homes in Central Erin MillsAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Erin Mills Station | MiWay bus rapid transit: Transitway | 1.4 km |
| Streetsville GO | GO Transit train: Milton | 1.6 km |
| Winston Churchill Station | MiWay bus rapid transit: Transitway | 2.2 km |
| Erindale GO | GO Transit train: Milton | 3.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Middlebury Public SchoolPeel DSB | Public · grades JK–6 | 900 m | 72%Grade 3 average |
| Divine Mercy SchoolDufferin-Peel CDSB | Catholic · grades JK–8 · French Immersion | 950 m | 81%Grade 6 average |
| Credit Valley Public SchoolPeel DSB | Public · grades JK–6 · French Immersion | 1 km | 88%Grade 3 average |
| ÉÉC MississaugaConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 3.3 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| John Fraser Secondary SchoolPeel DSB | Public · grades 9–12 | 400 m | 82%Grade 9 math |
| St Aloysius Gonzaga Secondary SchoolDufferin-Peel CDSB | Catholic · grades 9–12 | 700 m | 68%Grade 9 math |
| Streetsville Secondary SchoolPeel DSB | Public · grades 9–12 · French Immersion | 2 km | 65%Grade 9 math |
| ÉSC Sainte-FamilleConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 6.6 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Central Erin Mills are shown to signed-in members.