$949,900 - 196 Meadows Boulevard, Mississauga
Semi-Detached for Sale in Mississauga
Popular Listing- MLS Number
- W13220568
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
Beautifully upgraded semi-detached bungalow in a prime Mississauga location, offering exceptional value for end-users, multi-generational families, or investors seeking strong rental income. This rare property features 5 spacious bedrooms, 2 modern bathrooms, 2 full kitchens, and 2 generous living areas, offering outstanding flexibility for extended-family living or separate rental units. The main level includes a bright living room with a walk-out to a private balcony. In contrast, the renovated walk-out basement opens directly to a fully fenced backyard, creating a perfect indoor-outdoor flow. Recent upgrades include a fully finished basement, fresh paint, updated finishes, and thoughtful improvements throughout. With the potential to generate over $6,500 per month in rental income, this home stands out as a high-performing investment opportunity. Located in a quiet, family-friendly neighbourhood, just minutes from Square One, Celebration Square, Highway 403, public transit, schools, parks, and everyday amenities. The upcoming Hurontario LRT will further enhance convenience and long-term value. A versatile, move-in-ready property in one of Mississauga's most desirable areas - ideal for living, renting, or both.
Estimate your monthly payments for this property
Estimated Payment
$4,873.48/mo
Includes CMHC insurance ($26,502)
5-yr fixed avg.
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.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
196 Meadows Boulevard, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $864/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.