3100 Thomas Street Unit 7, Mississauga

Price: $599,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13142802

Welcome to this beautifully updated stacked condo townhouse nestled in Mississauga's sought-after Churchill Meadows community. Situated in a quiet, family-friendly complex with a park directly behind the home, this bright and sun-filled residence offers a functional open-concept layout ideal for everyday living. Featuring laminate flooring throughout and pot lights on the main level, the home showcases stylish modern finishes throughout. The combined living and dining area flows seamlessly into the updated kitchen complete with stainless steel appliances and backsplash. The lower level offers two spacious bedrooms with large lookout windows, a 4-piece bath, and a convenient laundry room. Enjoy double entry access from both the front and rear of the unit, along with 1 exclusive parking space and ample visitor parking. Built by Great Gulf Homes and ideally located close to top-rated schools, parks, shopping, restaurants, GO Transit, and major highways including the 401, 403, and 407. Additional updates include a new furnace installed in 2023.

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$599,000 - 3100 Thomas Street Unit 7, Mississauga

Condo for Sale in Mississauga

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13142802
Property Type
Condo
Status
active
Days on Site
30
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
CENTURY 21 MILLER REAL ESTATE LTD.
Description

Welcome to this beautifully updated stacked condo townhouse nestled in Mississauga's sought-after Churchill Meadows community. Situated in a quiet, family-friendly complex with a park directly behind the home, this bright and sun-filled residence offers a functional open-concept layout ideal for everyday living. Featuring laminate flooring throughout and pot lights on the main level, the home showcases stylish modern finishes throughout. The combined living and dining area flows seamlessly into the updated kitchen complete with stainless steel appliances and backsplash. The lower level offers two spacious bedrooms with large lookout windows, a 4-piece bath, and a convenient laundry room. Enjoy double entry access from both the front and rear of the unit, along with 1 exclusive parking space and ample visitor parking. Built by Great Gulf Homes and ideally located close to top-rated schools, parks, shopping, restaurants, GO Transit, and major highways including the 401, 403, and 407. Additional updates include a new furnace installed in 2023.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

3100 Thomas Street Unit 7, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,191

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 $499/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 30 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.

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 $2,496 (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.

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    3100 Thomas Street Unit 7, Mississauga | $599,000 | Battaglia Team