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Hamza Nouman, REALTOR®
404- 4850 Glen Erin Drive — property photo
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3.1

404- 4850 Glen Erin Drive, Mississauga

Central Erin Mills · Investor guide

$635,000

Estimated Value

$530,000

+19.8% Above Market

Based on neighbourhood averages

Condo Apartment2 bed / 2 bath21 DOM~950 sqft

Cash flow, cap rate & mortgage breakdown

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Listed by CITYSCAPE REAL ESTATE LTD.

Investment Analysis

Key Facts

Type

Condo Apartment

Bedrooms

2

Bathrooms

2

Days on Market

21

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

None Detected

Rent Estimate

$2,650/mo

Based on Central Erin Mills neighbourhood rental data for 2-bed Condo Apartment

Remarks

Experience elevated condo living at Papillon Place, located in the highly sought-after Central Erin Mills community of Mississauga. This rarely offered, sun-filled 4th-floor corner end-unit stands out as one of the building's larger and most desirable floor plans, boasting a bright, open-concept layout anchored by durable laminated floors. The inviting living and dining space flows seamlessly to a private balcony with unobstructed southeast exposure of green space and the city view, flooding the home with natural light. A modern kitchen is beautifully equipped with premium granite countertops, stainless steel appliances, and ample cabinetry, while the thoughtfully designed layout offers two spacious bedrooms, including a primary retreat featuring exclusive ensuite access. Offering unparalleled value for families, professionals, downsizers, and investors alike, this move-in-ready suite includes the rare, highly coveted bonus of two parking spaces and a dedicated storage locker.Residents enjoy access to impressive amenities offering collection of lifestyle-enhancing facilities, including a 24-hour concierge, gated security, indoor pool, hot tub, sauna, fitness center, party and billiards room. Ideally located directly across from Erin Mills Town Centre and just minutes to Credit Valley Hospital, this exceptional condo is situated within one of Mississauga's top-rated public school districts like John Fraser And St. Aloysius Gonzaga School Area. It offers convenient access to GO Transit, public transit, parks, restaurants, and Highway 403. A perfect opportunity for families, professionals and downsizers seeking a premium lifestyle in one of Mississauga's most sought-after communities.

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