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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Mississauga
  • Erin Mills
  • 3538 Colonial Drive
3538-colonial-drive-mississauga-ontario-w12154370
3538-colonial-drive-mississauga-ontario-w12154370
3538-colonial-drive-mississauga-ontario-w12154370
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  • Sold Sold in Feb 2026
  • Condo Townhouse

22 - 3538 Colonial Drive

Mississauga, Erin Mills
  • 2 Bedrooms
  • 3 Bathrooms
  • 0 Garage
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Sold Price: $ 630,000
3.06%
Listed Price: $ 649,900
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Room Details of 22 - 3538 Colonial Drive, Mississauga

FloorBedroomsBathrooms
Ground * 1
Second 2 2

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Key Facts About 22 - 3538 Colonial Drive, Mississauga

  • Property Type Condo
  • Building Type Condo Townhouse
  • Building Style Stacked Townhse
  • Maintenance Fees $303
  • Building Age New
  • Size 900 - 999 feet²
  • Parking 0 garage, 1 parking
  • Basement Crawl Space, Unfinished
  • Listing # W12154370
  • Data Source PROPTX
  • Days on Market 274
  • Listed On 16/05/2025
  • Updated On 17/02/2026
  • Market Demand
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Description

SPACIOUS NEW 2 BEDROOM URBAN CONDOMINIUM IN MISSISSAUGA'S BRAND NEW THEWAY URBAN TOWNS DEVELOPMENT. SITUATED IN A MATURE COMMUNITY WITH ESTABLISHED AMENITIES INCLUDING HWYS 403,407, QEW, TRANSIT, SCHOOLS INCLUDING A U OF T CAMPUS, ENTERTAINMENT, SHOPPING, AND OUTDOOR ACTIVITIES. THIS VISTAWAY MODEL INCLUDES 999 SF OF LIVING SPACE, 90+ SFTERRACE, AND 300+ SQFT OF BELOW GRADE STORAGE SPACE. INCLUDES UNDERGROUND PARKING. WHY BUY A TINY APARTMENT WHEN YOU CAN HAVE SO MUCH MORE?

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Property Details of 22 - 3538 Colonial Drive, Mississauga

Property

  • Property Type Condo Townhouse
  • Style Stacked Townhse
  • Community Erin Mills
  • Municipality Mississauga

Inside

  • Bedrooms 2
  • Bathrooms 3
  • Bathroom Details 1, 2pc Ground
  • Bathroom Details 1, 3pc Second
  • Bathroom Details 1, 3pc Second
  • Basement Crawl Space, Unfinished
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 900 - 999 feet²
  • Architecture Style Stacked Townhse
  • Exterior Feature Brick, Vinyl Siding
  • Building Age New

Parking

  • Drive Way Mutual
  • Garage 0
  • Parking Places 1
  • Total Parking Places 1

Land

  • Zoning Residential
  • Cross Street Collegeway and Ridgeway Dr

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Our Estimate

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Estimated Rent

$ 3,042

Rental Yield

5.21%

School Score

8.3/10

Rental Score

4.5/5

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Rooms

Other (7.3X5.49 metre)
Level: Basement
Kitchen (3.2X3.05 metre)
Level: Ground
Dining Room (4.09X4.3 metre)
Level: Ground
Bedroom (2.82X3.61 metre)
Level: Second
Bedroom 2 (2.64X3.69 metre)
Level: Second
Living Room (4.09X4.3 metre)
Level: Ground
Bathroom (2 pcs)
Level: Ground
Bathroom (3 pcs)
Level: Second
Bathroom (3 pcs)
Level: Second

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$872

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $303
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 22 - 3538 Colonial Drive, Mississauga

If you’re on the lookout for a spacious and modern living space, then you’ll want to take a closer look at this townhouse for sale in Mississauga . Nestled at 3538 Colonial Drive, Mississauga, this stunning condo townhouse is part of the exciting new TheWay Urban Towns development in the sought-after Erin Mills community. With its contemporary design and ample amenities, this property is perfect for anyone wanting to enjoy the best of urban living while still being surrounded by a mature neighbourhood.

As you step inside this townhouse for sale in Mississauga, you’ll be greeted by a bright and airy atmosphere, thanks to its open-plan layout. The home boasts two generously sized bedrooms, making it ideal for small families, young professionals, or anyone looking for extra space. With three bathrooms in total, you’ll never have to worry about morning rush hour again! The ground-level kitchen is well-equipped, offering a practical space for whipping up your favourite meals. The total of five rooms, including the kitchen and bedrooms, ensures that you have plenty of room to relax and entertain.

One of the standout features of this townhouse for sale in Mississauga is the impressive 999 square feet of living space. Additionally, you’ll find a lovely terrace that spans over 90 square feet, perfect for enjoying your morning coffee or unwinding after a long day. The below-grade storage space of over 300 square feet offers ample room for all your belongings, making it easy to keep your living areas clutter-free.

While the property does not include a garage, there is a mutual driveway with parking space for one vehicle, ensuring that you have convenient access to your home. The townhouse is unfurnished, giving you the opportunity to personalise the space to your taste. The central air conditioning will keep you cool during the hot summer months, and the forced air heating will ensure you stay warm and cosy in winter.

Situated at 3538 Colonial Drive, Mississauga, this townhouse is located in a vibrant community with established amenities. You’ll find yourself close to major highways, including the 403, 407, and QEW, making commuting a breeze. Public transit options are also readily available, providing easy access to the rest of the city and beyond. Families will appreciate the proximity to schools, including a campus of the University of Toronto, ensuring quality education is just a stone’s throw away.

Outdoor enthusiasts will love the nearby parks and recreational facilities, offering plenty of opportunities for leisure and exercise. Whether you fancy a leisurely stroll, a bike ride, or a picnic in the park, the Erin Mills community has it all. Shopping and entertainment options are also plentiful, with a variety of shops, restaurants, and entertainment venues just a short drive away.

For those who value modern living in a well-established area, this townhouse for sale in Mississauga is an exceptional opportunity. The property is brand new, meaning you can enjoy the benefits of contemporary design and construction without the hassle of renovations. The exterior features a combination of brick and vinyl siding, ensuring durability and a stylish appearance.

In summary, if you’re looking for a spacious and well-located home, look no further than this townhouse for sale in Mississauga at 3538 Colonial Drive, Mississauga. With its fantastic features, including two bedrooms, three bathrooms, and ample living space, this property is sure to impress. Don’t miss your chance to make this beautiful townhouse your new home in the heart of Erin Mills!

Erin Mills is a vibrant and well-planned community nestled in the city of Mississauga, Ontario, characterised by its picturesque landscapes and modern amenities. This suburban enclave boasts a harmonious blend of residential areas, lush parks, and convenient shopping centres, making it an ideal place for families and professionals alike. The community is well-connected by major roadways and public transport, ensuring easy access to the greater Toronto area. With a strong emphasis on green spaces, including the scenic Credit Valley and numerous walking trails, Erin Mills offers a tranquil yet dynamic environment that fosters a sense of belonging and an active lifestyle. Whether you’re enjoying a leisurely stroll through one of the many parks or exploring the local shops and eateries, Erin Mills presents a welcoming atmosphere for potential residents seeking a balanced and fulfilling life.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, catering to different needs and preferences. The closest school is Garthwood Park Public School, an elementary school just 0.8 km away, followed closely by Christ the King Separate School, a Catholic institution at 0.6 km. Elm Drive Public School, known for its strong performance with a rating of 5.1, is only 1.0 km away and offers grades K to 8. For secondary education, Erindale Secondary School, with a rating of 6.9, is located 3.3 km from the property, while Loyola Catholic Secondary School is a mere 0.8 km away, although it currently holds a rating of 0. The area also features schools with French language programs, such as Artesian Drive Public School and Homelands Sr. Public School. Overall, the property is situated in a family-friendly neighborhood with access to several public and Catholic schools, providing ample options for quality education. Whether you prefer English or French instruction, there are suitable choices within a short distance, making it an ideal location for families prioritizing education.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant community with a population of 1,180 residents. The average household consists of 2.7 individuals, with a median age of 36.6 years, indicating a relatively young population. The average household income stands at $96,400, although 19.2% of the residents fall below the low-income threshold. A significant portion of the population, 55.74%, is single, while 36.23% of households include children, reflecting a diverse family structure. Immigrants make up 53.75% of the community, contributing to its multicultural environment. Additionally, 57.3% of residents are renters, with condos representing 28.09% of housing options, suggesting a preference for apartment-style living. Education levels are high, with 62.01% of the population holding a college or university degree. However, it is noteworthy that 38.55% of residents are not in the labor force, which may impact the local economy. Overall, this area presents a blend of youthful energy, cultural diversity, and a mix of family dynamics, making it an attractive location for potential homebuyers and investors alike.

FAQs About 22 - 3538 Colonial Drive, Mississauga

How many bathrooms does this property have?

This property features 3 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Townhouse property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Townhouse property?

The total square footage of this Condo Townhouse 2 bed property in Mississauga is 900 - 999.

How many parking spaces are available with this property?

3538 Colonial Drive boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 3538 Colonial Drive?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Crawl Space, Unfinished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $303.00.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 22 - 3538 Colonial Drive, Mississauga

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Listing History

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