1150 Stroud Lane Unit 14, Mississauga

Price: $749,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13113834

Stylish, spacious, and superbly located, this modern executive townhome offers the best of Clarkson living! Freshly painted and featuring a bright open-concept layout with 9-foot ceilings, the main floor is both functional for everyday living and stylish enough for entertaining. The combined living and dining area overlooks the upgraded kitchen, which showcases quartz countertops, extended cabinetry for ample storage, stainless steel appliances, and a ceramic backsplash. The home offers three well-appointed bedrooms and three bathrooms. The primary suite, located on the third floor, includes two separate closets, a 3-piece ensuite, and a walkout to a private balcony. The second floor features two additional bedrooms, a 4-piece bathroom, and convenient ensuite laundry. Enjoy relaxing, taking in the sunset, or entertaining on the large, private rooftop terrace where BBQs are permitted. Underground parking provides direct access from the unit, along with a generously sized storage locker for easy and convenient storage. The desirable neighbourhood offers schools, parks, and a community centre, and is just a short drive to major highways, shops, grocery stores, restaurants, Lake Ontario, and scenic walking trails.

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$749,000 - 1150 Stroud Lane Unit 14, Mississauga

Condo for Sale in Mississauga

33 days on market

Neighbourhood: Clarkson

3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13113834
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Stylish, spacious, and superbly located, this modern executive townhome offers the best of Clarkson living! Freshly painted and featuring a bright open-concept layout with 9-foot ceilings, the main floor is both functional for everyday living and stylish enough for entertaining. The combined living and dining area overlooks the upgraded kitchen, which showcases quartz countertops, extended cabinetry for ample storage, stainless steel appliances, and a ceramic backsplash. The home offers three well-appointed bedrooms and three bathrooms. The primary suite, located on the third floor, includes two separate closets, a 3-piece ensuite, and a walkout to a private balcony. The second floor features two additional bedrooms, a 4-piece bathroom, and convenient ensuite laundry. Enjoy relaxing, taking in the sunset, or entertaining on the large, private rooftop terrace where BBQs are permitted. Underground parking provides direct access from the unit, along with a generously sized storage locker for easy and convenient storage. The desirable neighbourhood offers schools, parks, and a community centre, and is just a short drive to major highways, shops, grocery stores, restaurants, Lake Ontario, and scenic walking trails.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

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5%10%50%

5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • Excellent schools including Clarkson Secondary
  • Charming village core with local businesses
  • Family-friendly parks and recreation
  • Clarkson GO Station for easy commuting
  • Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • Clarkson GO Station - direct line to Union Station
  • MiWay bus connections
  • Easy access to QEW and Highway 403
  • 20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Clarkson Community Centre
  • Rattray Marsh Conservation Area
  • Richard's Memorial Park
  • Clarkson Village shops and restaurants
  • Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

1150 Stroud Lane Unit 14, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$1,483

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $535/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

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    MLS# W13113834 — 1150 Stroud Lane Unit 14, Missi… | Battaglia Team