3590 Kaneff Crescent
Obelisk I Condominium is a highrise condo located at 3590 Kaneff Crescent in the Mississauga Valley area of Mississauga, Ontario.
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The building was constructed by developer the Kaneff Group in 1980. It’s one of several Kaneff condominiums and purpose-built rental buildings in Mississauga Valley, including, Place IV at 3650 Kaneff Crescent, Place Royale at 3695 Kaneff Crescent, and Place Avant at 3700 Kaneff Crescent.
3590 Kaneff Crescent itself consists of a single 20 storey tower with a mix of two and three bedroom apartments.
Municipal address for this condominium is 3590 Kaneff Crescent, Mississauga, Ontario L5A 3X3.
The closest major intersection is Hurontario St. and Burnhamthorpe Rd. E.
Although it is located in the Mississauga Valley district, which is an area slightly to the southeast of Mississauga City Centre (MCC), Obelisk I is surrounded by plenty of retail and commercial options. It is situated very near to Iona Plaza, which is a neighbourhood mall that includes a Metro grocery store, a Shoppers Drug Mart, a TD Bank, and several additional stores and restaurants.
Pros and Cons
There are a few features to note here. First, 3590 Kaneff Crescent benefits from the era when it was built. Condo apartments here are quite large when compared to today’s more recent projects.
For example, most 2 and 3 bedroom units are between 1000 and 1200 square feet, which is quite a premium over today’s typical units. That’s a win.
Next, the company that built this condo was the Kaneff Group. They are highly regarded in the real estate development sector, and are known for building high quality buildings.
Finally, the proximity to the Cooksville GO Station is a huge plus for many commuters.
As for “cons”, there is nothing too serious. Maintenance fees are higher in this building than the average for Mississauga Valley (approximately $0.90/sqft vs. $0.64/sqft).
Also, the Obelisk I Condominium has only 2 bedroom, 2 bedroom plus den, and 3 bedroom condo apartments. If you are an investor or a buyer looking for a smaller 1 bedroom unit, you won’t find any here.
Before we take a deep dive into the building itself, let’s take a look at the area.
Mississauga Attractions
Shopping
The Obelisk I condo is in the heart of Mississauga Valley, which provides an abundance of independent shops and services. You will find plenty of restaurants, coffee shops, pharmacies, offices, and stores.
In addition, Square One Shopping Centre, Ontario’s largest mall, is just a 5 minute drive away. The southeast entrance to the mall (Walmart) is the closest.
Square One has more than 360 stores, restaurants, bars, and services.
Entertainment
There is a great variety of entertainment venues once you cross over to the City Centre area. Here’s just a few places that anyone can enjoy.
- Mississauga Celebration Square with its vibrant slate of community events, fountains, and skating rink in winter
- Mississauga Living Arts Centre
- Art Gallery of Mississauga (AGM)
- Mississauga Civic Centre (City Hall)
- Hazel McCallion Central Library
- the central YMCA
The closest cinemas are the Cineplex Cinemas at Rathburn Road and Living Arts Drive.
Transit
The Obelisk I condo is well connected with heavy rail commuter options. It’s about a 20 minute walk to the Cooksville GO Station, or a 4 minute drive. This is a transportation hub for central Mississauga, linking both the city’s public transit system (“MiWay”), and GO Transit.
The Cooksville GO Station recently underwent a major expansion of its free parking facility.
The area is expected to get even greater access to transportation options in the next few years with the construction of the Hurontario light rail transit (LRT) project, which will be called the Hazel McCallion (Hurontario) LRT, to commemorate the former Mississauga mayor.
LRT
The Hazel McCallion LRT is a streetcar line that will have 19 stops starting from Port Credit in the south, up through Cooksville and Mississauga Valley, continuing up to Square One Shopping Centre, and then proceeding to the Brampton Gateway Terminal. There will be several stops near the Obelisk I Condo, including one at Hurontario St. and Fairview Rd., one at Hurontario St. and Burnhamthorpe Rd., and one at the Cooksville GO Station.
While the Cooksville GO Station is a major transportation hub in its own right, the LRT will also provide further connectivity to the main transportation hub in the City of Mississauga, which is the central Mississauga MiWay Transit and GO bus terminal. This terminal is located at the north side of the Square One mall.
Here you will find direct MiWay bus service to points across the city, as well as direct express bus service to the Kipling subway station in Etobicoke.
Furthermore, GO Transit bus service extends from here to downtown Toronto, and to many other points including Toronto Pearson International Airport, Hamilton, and even Scarborough.
Residents at 3590 Kaneff Cres. who commute by car will have easy access to both Ontario Highway 403, and the Queen Elizabeth Way (QEW) highway. Both highways are close by, and are easily accessible via Hurontario St.
Schools
There are several elementary schools serving the area, including:
- Briarwood Public School (JK-5) 1065 Mississauga Valley Blvd
- Thornwood Public School (JK-5) 277 Mississauga Valley Blvd
- The Valleys Sr Public School (6-8) 1235 Mississauga Valley Blvd
- Canadian Martyrs Catholic School(JK-8) 1185 Mississauga Valley Blvd
- ÉÉC René-Lamoureux (JK-6) 385 Meadows Blvd
In addition, there are also public and catholic high schools nearby: TL Kennedy Secondary School and John Cabot Secondary School.
Post-secondary Education
Mississauga has several excellent post-secondary schools, including:
Sheridan College
Sheridan College has a large campus at Square One. Over 6700 students attend classes in over 100 classrooms and labs.
University of Toronto Mississauga (UTM)
The University of Toronto Mississauga campus (UTM) has over 15,000 graduate and undergraduate students. It’s located in a wooded setting near Mississauga Road and The Collegeway, and is about a 14 minute drive from 3590 Kaneff Crescent.
Hospital
The nearest hospital is the Trillium Health Partners Mississauga Hospital. It is located at 100 Queensway W., near Hurontario and the QEW, which is about a 10 minute drive away.
The Mississauga Hospital (formerly known as Trillium Hospital) houses the largest concentration of critical care services in Canada, with modern facilities that are currently undergoing a major expansion.
Nearby Grocery Stores
There are several supermarkets in the area.
As mentioned above, there is a Metro supermarket just down the street from 3590 Kaneff Crescent. It has a full range of food items, plus beer and wine sales.
There is a Food Basics nearby at Burnhamthorpe Rd. E. and Central Parkway. A little further away there is an additional Food Basics and also a FreshCo nearby at the corner of King St. and Hurontario St. These are about a five minute drive from the condo. There is also an interesting new middle eastern themed grocery named Alnejmah Fine Foods, located at the corner of Hillcrest Ave. and Hurontario St.
You will also find a Loblaws Superstore at Mavis Rd. and Dundas St., and a Whole Foods Market located on the north side of the Square One mall.
Finally, there is a full grocery located in Walmart at Square One.
Parks and Recreation
Mississauga Valley Park is located just a 9 minute walk from the condo. It is a beautiful park with winding footpaths along the forested Cooksville Creek, as well as open areas for soccer and baseball, bocce ball courts, BBQ areas, a children’s playground with a splash pad, as well as access to the Mississauga Valley Community Centre.
Beautiful Kariya Park is almost directly across Hurontario St. This is a serene Japanese-themed park that is a favourite with wedding photographers.
In addition, there are several neighbourhood parks nearby, including Stonebrook Park, which is a 7 minute walk from the condo, and Bella Vista Park which is a 9 minute walk away. You will find children’s playground areas, ball diamonds, sports fields, basketball and tennis courts here.
One thing to keep in mind: there are over 70 highrise condos in the city centre, as well as about 14 in the Cooksville area, and about 13 in Mississauga Valley. Consequently, all Mississauga parks are extremely popular, and they are usually very busy during the warmer months.
Walk Score
3590 Kaneff Crescent has excellent walk, transit, and bike scores.
3590 Kaneff Crescent
Very Walkable
Condo Amenities
3590 Kaneff Crescent has a very good list of condo amenities.
Here you will find features such as:
- Concierge Service
- Gym
- Indoor Pool
- Meeting Room
- Party Room
- Billiards Room
- Sauna
- Security Guard
- Security System
- Tennis Court
- Visitor Parking
Security Features
You will find the following condo security features at 3590 Kaneff Crescent.
- controlled access to the building
- secure common area access
- closed circuit television monitoring
- secure access to parking garage
- security patrolled premises
Condo Living
This Mississauga highrise condo features a nice entrance with a circular drive. Inside the condo, the principle common areas have all been extensively renovated, and offer a stylish experience.
Many of the units that I have seen have been completely renovated and updated.
Online Reviews
Google reviews for 3590 Kaneff Crescent have generally been good, averaging 3.6 out of 5 stars, with dozens of reviews posted.
Condominium Info
Address: 3590 Kaneff Crescent
Mississauga ON L5A 3X3
Developer: Kaneff Group
Year of Completion: 1980
Status: built and registered
Architect:
Interior Design:
Type: apartment condominium
Number of buildings: 1 highrise
Number of units: 251
Unit Size Range: 949-1699 sqft
Parking Spaces: 502
Storeys: 20
Height: 57.9m or 190ft
Amenities: concierge service, gym, indoor pool, games room, meeting room, party room, sauna, tennis court, visitor parking
Average Price per Square Foot: $482.00/sqft
Average Days on Market: 23
Maintenance fee cost: average cost $.90/sqft
Maintenance fees: include heat, hydro, water, air conditioning, building insurance, common elements, parking
Property Manager: Ace Condominium Management Inc.
Phone number: 905-949-9450
Condo Corporation: PSCC 230
Pets: allowed with some restrictions
Accessibility:
- Wheelchair-accessible entrance
- Wheelchair-accessible parking lot
3590 Kaneff Crescent Prices
Condos built by the Kaneff Group have been a popular choice for buyers throughout the years. They are widely recognized even today as being quality builds. Nevertheless, sale prices per square foot are quite affordable by Greater Toronto Area standards.
Condo sales over the last 12 months have ranged as follows:
- Two bedroom units have sold in a range of $499,000 to $499,000
- Two bedroom plus den units have sold in a range of $390,000 to $535,000
- Three bedroom units have sold in a range of $563,500 to $655,000
Conclusion
The Obelisk I Condominium Mississauga has a good reputation as a well managed, reasonably priced condo.
It has an excellent location in the heart of Mississauga, and the apartment units are large.
3590 Kaneff Crescent can be a good choice for commuters and families.
next: 3650 Kaneff Crescent
author: Randy Selzer
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