3200 Morning Star Drive, Mississauga

Price: $799,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13075704

Welcome to this immaculate Split-4 level semi-detached home located in one of Malton's most desirable neighbourhoods. This well-maintained property offers spacious living areas, including a comfortable family room perfect for entertaining and everyday living. Enjoy a bright and inviting eat-in kitchen featuring a skylight that fills the space with natural light. Some photos are Virtual Staged. The home also offers a separate entrance to a one-bedroom walk-in basement, along with two additional living areas on the lower level, providing excellent potential for extended family living or rental income. This is a fantastic opportunity for both end-users looking for extra space and investors seeking a reliable income stream!. A long private driveway and a fully fenced, oversized backyard create the perfect setting for outdoor enjoyment. Ideally situated close to schools, shopping, public transit, Toronto Pearson International Airport, Great Punjab Plaza, Malton Gurdwara Sahib, major highways, and all essential amenities.

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$799,900 - 3200 Morning Star Drive, Mississauga

Semi-Detached for Sale in Mississauga

43 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13075704
Property Type
Semi-Detached
Status
active
Days on Site
43
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Welcome to this immaculate Split-4 level semi-detached home located in one of Malton's most desirable neighbourhoods. This well-maintained property offers spacious living areas, including a comfortable family room perfect for entertaining and everyday living. Enjoy a bright and inviting eat-in kitchen featuring a skylight that fills the space with natural light. Some photos are Virtual Staged. The home also offers a separate entrance to a one-bedroom walk-in basement, along with two additional living areas on the lower level, providing excellent potential for extended family living or rental income. This is a fantastic opportunity for both end-users looking for extra space and investors seeking a reliable income stream!. A long private driveway and a fully fenced, oversized backyard create the perfect setting for outdoor enjoyment. Ideally situated close to schools, shopping, public transit, Toronto Pearson International Airport, Great Punjab Plaza, Malton Gurdwara Sahib, major highways, and all essential amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

3200 Morning Star Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,466

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 $727/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 43 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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3200 Morning Star Drive, Mississauga | $799,900 | Battaglia Team