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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W13884028For SaleCondominium

402-3555 Derry Rd

Malton, Mississauga, Ontario L4T 1B2

Map
1 / 26
402-3555 Derry Rd, Mississauga, photo 1
Asking$399,900
Bedrooms
3
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$364at the range’s middle
Tax a year
$1,7562026 tax year
Built
31-50
Parking
11 underground
Days on market
Members

The brief

About 402-3555 Derry Rd

402-3555 Derry Rd is a 3-bedroom, 2-bathroom condo in Malton, Mississauga, listed for sale at an asking price of $399,900 (MLS® W13884028).

Bright and spacious 3-bedroom and 2 washroom condo in a well-managed building, offering exceptional value and convenience in the heart of Malton. This functional layout features a large open-concept living and dining area with walk-out to a private balcony.Full kitchen upgrades with new appliances done in 2020, New washer (2024), Updated kitchen with ample cabinet space, generous bedrooms with double closets, and a clean, well-maintained interior ideal for first-time buyers, downsizers, or investors.Maintenance fee includes heat, hydro, water, internet, cable TV, and building insurance-an unbeatable all-inclusive package. Building amenities include an outdoor pool, gym, party room, visitor parking, and on-site security. Steps to transit, schools, parks, shopping, Westwood Mall, and easy access to Hwy 427, 401, and Pearson Airport.A comfortable, move-in-ready home in a prime location with everything you need at your doorstep. Property is currently tenanted for $3000 to a very good tenant and is willing to

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$305/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 8 homes with 3 bedrooms for lease in Malton 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
$1,756 / 2026
MLS® number
W13884028
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
31-50
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: ESTATE #1 REALTY SERVICES INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Malton
Municipality
Mississauga

Building

Size
1000-1199 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 3pc Flat, 1 × 2pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
None
Heating Type
Baseboard

Additional

Fireplace
No
Den
No
Family room
No
Extras
All existing appliances
Condo maint.
$884

Rooms

RoomSizeFeaturesLevel
Living3.35 × 6.1 mLaminate, Combined W/Dining, W/O To BalconyGround
Dining2.67 × 2.74 mLaminate, Combined W/Living, W/O To BalconyGround
Kitchen2.51 × 3.35 mCeramic FloorGround
Primary3.96 × 4.57 mLaminate, W/I Closet, WindowGround
2nd Br2.82 × 3.28 mLaminate, Closet, WindowGround
3rd Br2.82 × 2.97 mLaminate, Closet, WindowGround
Laundry1.68 × 1.98 mVinyl Floor, B/I ShelvesGround

Listing history

Buy/sell history for 402-3555 Derry Rd, Mississauga, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$399,900N/APcW13884028

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $79,980

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
$79,980
Total mortgage amount
$319,920
Total interest payment
$227,580
Total purchase cost
$627,480
Mortgage payment
$1,825/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

33%

Monthly carrying cost

$2,855
−$305per month
  • Rent $2,550
  • Shortfall $305

Rental income opens at $2,550, the median asking rent of 8 comparable homes for lease in Malton. 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
$4,474
Total land transfer tax
$4,474
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$474
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 $399,900
$2,249
Ontario total
$4,474

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.

13 records · 5 on fileRead 2026-10-29
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 2.0 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m11 test or monitoring holes also recorded.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 2.0 km2 km

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 Rollstar Metal Forming — Northwest Division, 1.3 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 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, QuaenetFi, 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, Toronto and Region Conservation Authorityor 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 the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Condos for sale in Malton right now

For sale now
6
Median asking price
$415K

Middle half: $409K to $465K

New in 7 days
0

2 in 28 days

Price cuts
17%

1 listing

This home is asking 4% below the median, lower than three quarters of them.

See all homes in Malton

Asking 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

StationLinesDistance
Malton GOGO Transit train: Kitchener1.3 km
Morning Star / BovairdBrampton Transit bus rapid transit: Züm Bovaird1.7 km
Darcel / SteelesBrampton Transit bus rapid transit: Züm Steeles2 km
Humber College StationTTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles2.9 km
Goreway / SteelesBrampton Transit bus rapid transit: Züm Steeles3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. 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. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Ridgewood Public SchoolPeel DSBPublic · grades JK–6 · French Immersion750 m64%Grade 3 average
Dunrankin Drive Public SchoolPeel DSBPublic · grades JK–6850 m46%Grade 3 average
Holy Cross SchoolDufferin-Peel CDSBCatholic · grades JK–81.2 km58%Grade 6 average
École élémentaire Félix-LeclercConseil scolaire ViamondeFrench-language public · grades JK–66.3 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Lincoln M. Alexander Secondary SchoolPeel DSBPublic · grades 9–12 · French Immersion1.3 km37%Grade 9 math
Ascension of Our Lord Secondary SchoolDufferin-Peel CDSBCatholic · grades 9–122 km40%Grade 9 math
Father Henry Carr Catholic Secondary SchoolToronto CDSBCatholic · grades 9–123.9 km51%Grade 9 math
West Humber Collegiate InstituteToronto DSBPublic · grades 9–124 km42%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

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Recently sold nearby

Sold prices in Malton are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record