1502-208 Enfield Place, Mississauga, ON

City Centre, Mississauga · MLS® W14032406

$460,000
For Sale
Listed 1 day agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Excellent Location In The Heart Of The Square One Area.
  • Bright And Spacious 1-Bedroom + Den Unit Featuring High Ceilings And A Wide And Highly Functional Open-Concept Layout, And A Beautiful Terrace View.
  • Modern Open-Concept Kitchen With Upgraded Granite Countertops And Stainless Steel Appliances.
  • Conveniently Located Near Public Transit, Square One Shopping Centre, Supermarkets, Library, Banks, And The Lrt Line, With Easy Access To Highways 401, 403, And Qew.

Excellent Location In The Heart Of The Square One Area! Steps To Cooksville Go. Bright And Spacious 1-Bedroom + Den Unit Featuring High Ceilings And A Wide And Highly Functional Open-Concept Layout, And A Beautiful Terrace View. The Versatile Den Is Ideal As A Home Office, Guest Area, Or Additional Living Space. Modern Open-Concept Kitchen With Upgraded Granite Countertops And Stainless Steel Appliances. Excellent Layout With Abundant Natural Light Throughout. Conveniently Located Near Public Transit, Square One Shopping Centre, Supermarkets, Library, Banks, And The Lrt Line, With Easy Access To Highways 401, 403, And Qew. Perfect For Comfortable Urban Living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14032406
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Burnhamthorpe Rd W & Hurontario St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$515/mo
Exposure
South West
Property tax
$2,740 / 2026
Days on market
1
Listing brokerage
THE REAL ESTATE OFFICE INC.

Rooms

Living RoomMain0.00 × 0.00 m

balcony · window floor to ceiling

Dining RoomMain0.00 × 0.00 m

breakfast bar · combined w/kitchen

DenMain0.00 × 0.00 m

window · window floor to ceiling

Primary BedroomMain0.00 × 0.00 m

window · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$447Klikely sale price

Listed at $460,000. Going by how homes in City Centre have actually closed against their asking prices (about 97%, 96 local closings in 90 days), the likely sale price is near $447K, if it sells. A realistic range is $421K to $484K.

Independent value check: $417K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $388K and $439K).

Why $417K. The typical condo sold in City Centre over the past year went for about $490K (538 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▲ Raises it slightlyIts maintenance fee is $515 a month; the typical unit sold here pays about $680.
  • ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
List price
$421KBelow recent closings$484KAbove recent closings

Total price vs nearby homes. Likely closing about $447K, from 96 recent closings in this pocket.

The market behind the math:

96sold nearby · 90 days
$446Kmedian sold price
95%of asking, on average
−15%prices vs a year ago
~34 dayshomes like this take to sell
1days on market so far
$2,453/moest. rent · 6 leases
6.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 46 condo apartment homes for sale in the area against 96 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $708/sqft against an area asking average of $651/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 96 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $381K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 3 homes sold in this building over the past two years, plus 2 nearby in City Centre, from 491 closings in City Centre.

What sellers nearby are askingCurrently listed nearby in City Centre · asking prices
$444kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $683/sqft; this home lists at $708/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
460kThis home459k465k465k430k400kThis home vs active comparables

Sold price trend

Median sold price for condos in City Centre: $430K in September 2026, down 9% from a year ago, on 537 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$525K67
November 2025$517K45
December 2025$450K33
January 2026$470K37
February 2026$469K38
March 2026$453K46
April 2026$475K51
May 2026$500K51
June 2026$488K46
July 2026$485K33
August 2026$454K43
September 2026$430K47

Neighbourhood & location

City Centre, Mississauga, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mississauga Valleys
$460K
Creditview
$538K
Cooksville
$450K
Hurontario
$560K
Applewood
$574K

Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,097/mo
$101KIncome needed
4.6×Price ÷ income
$484Weekly cost
$5,675Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

74%mortgage
Mortgage $2,097Property tax $228Condo fee $515Total carry $2,840

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,035per month

Mortgage amount $368,000 · 4.49% over 25 years

$92,000Down payment (20.0%)
$368,000Loan before insurance
$0CMHC premium
$2,778Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,035
Property tax
$228
Condo / maintenance fees
$515
Heating
$0
Estimated monthly cost
$2,778

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,675
Estimated closing costs
$5,675

Plus your down payment of $92,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,463/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$242,421Total interest paid
$610,421Total of all payments
Principal $368,000 Interest $242,421
YearPrincipalInterestBalance
1$8,212$16,205$359,788
2$8,585$15,832$351,203
3$8,975$15,442$342,228
4$9,382$15,034$332,846
5$9,808$14,608$323,037
6$10,254$14,163$312,784
7$10,719$13,698$302,064
8$11,206$13,211$290,858
9$11,715$12,702$279,144
10$12,247$12,170$266,897
11$12,803$11,614$254,094
12$13,384$11,033$240,710
13$13,992$10,425$226,719
14$14,627$9,790$212,092
15$15,291$9,126$196,801
16$15,985$8,431$180,815
17$16,711$7,706$164,104
18$17,470$6,947$146,634
19$18,263$6,154$128,371
20$19,092$5,325$109,279
21$19,959$4,458$89,320
22$20,865$3,551$68,454
23$21,813$2,604$46,642
24$22,803$1,614$23,839
25$23,839$578$0

At the end of your 5-year term

Total paid over the term
$122,084
Principal paid down
$44,963
Interest paid
$77,121
Balance remaining
$323,037

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 6 whole-home leases in City Centre$2,453/mo
$29,436Gross annual rent
3.6%Cap rate after taxes and upkeep
$2,256 to $2,649Typical rent range
~18 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in City Centre signed at a median of $2,378 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,453. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.4%
Gross yield
− Property tax $2,740− Condo fees $6,186− Insurance $600− Vacancy & upkeep $3,238Net operating income $16,673

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE REAL ESTATE OFFICE INC.. MLS®/PropTx.

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