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    3355 The Collegeway & 3401-3429 Ridgeway Dr & 3550-3556 Colonial Dr


    Highlights

    Property Type:
    Townhouse
    Number of Storeys:
    4
    Number of Units:
    188
    Condo Completion:
    2024
    Condo Demand:
    High
    Unit Size Range:
    400 - 1,383 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    BBQs Allowed
    Indoor Parking
    Bike Storage
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About 3355 The CollegewayThe Way

    Located at 3355 The Collegeway, The Way is a 4-storey condo containing 188 units. These Mississauga condos for sale were completed in 2024 with units starting at 400 square feet, ranging up to 1383 square feet. What makes a Erin Mills condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees at 3355 The Collegeway are only $0.26, significantly lower than the city average of about $0.67 per-square-foot.

    The Suites

    On average, units at 3355 The Collegeway sell -4.73% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $766 (based on past 12 months of sales). Units typically sell with 19 days on market on average. Over the past 12 months, 7 have sold and 45 have been rented here.

    The Neighbourhood

    Residents at The Way don’t have to drive more than 4 minutes to get to a variety of popular restaurants, including Mandarin Restaurant, Time Out Bistro and Burrito Boyz.

    Grocery pick-ups are made easy thanks to Al Ramzan Grocers within a 5-minute walk.

    3355 The Collegeway is just a short 5-minute drive to several green spaces like Tom Chater Memorial Park, Garthwood Park and Glen Erin Trail.

    When the weekend rolls around, Hazel Studio, Progressive Fine Art and Crescent Hill Gallery are within a short 5-minute drive away.

    The Way is a short drive away from Fern Hill School Oakville Campus, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including Loyola Catholic Secondary School, UCMAS Abacus & Mental Math School and Gems Learning Institute.

    Transportation

    Taking public transit? The nearest light transit stop is South Common Centre Bus Terminal.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Listing History for The Way

    Oct, 2025
    3550 Colonial Dr, unit 33 for rent
    Unit 33
    Oct 10, 202527 days on strata
    Leased for $2,700Listed for $2,8002 bd | 3 ba | 1,200-1,399 sqft | 1 pkg
    Nov, 2025
    3550 Colonial Dr, unit 30 for sale
    Unit 30
    Nov 13, 202539 days on strata
    TerminatedListed for $575,0002 bd | 3 ba | 996 sqft | 1 pkg
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    10

    Listings For Rent

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    Explore Erin Mills

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,222
    Average Individual Income
    $61,371
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,609
    Dominant Housing Type
    Semi Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    Semi Detached
    37%
    Detached
    30%
    High Rise Apartment
    18%
    Low Rise Apartment
    10%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    80%
    Other
    10%
    Punjabi
    5%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Mandarin
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    23%
    College
    20%
    None
    17%
    Apprenticeship
    4%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%



    Days on Strata

    Units at The Way spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Erin Mills

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 44 condos in the Erin Mills area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    45
    Units were Rented over the past twelve months

    Best Value Rank

    The Way offers the
    ?
    N/A
    best value out of 44 condos in the Erin Mills neighbourhood

    Appreciation Rank

    The Way has the
    ?
    N/A
    highest ROI out of 44 condos in the Erin Mills neighbourhood

    Rental Yield

    The Way yields the
    ?
    N/A
    highest rent prices out of 44 condos in the Erin Mills neighbourhood

    High Demand

    The Way is the
    ?
    N/A
    most popular building out of 44 condos in the Erin Mills neighbourhood

    Market Insights

    Transaction Insights at The Way

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$440,000No Data$650,000 - $735,000No Data
    Avg. Cost Per Sqft$1,044No Data$639No Data
    Avg. Wait for Unit AvailabilityNo DataNo Data42 DaysNo Data
    Ratio of Units in Building10%2%87%4%

    Market Inventory

    Total number of units listed and sold in Erin Mills