3296 Topeka Drive, Mississauga

Price: $1,849,990

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13464788

Welcome to 3296 Topeka Drive, an exceptional executive residence nestled on one of Churchill Meadows' most sought-after streets. Situated on the coveted south side of Topeka Drive, where homes rarely become available, this impressive detached home offers over 5,700 square feet of beautifully finished living space, featuring 4+1 bedrooms, a spacious loft, and 4.5 bathrooms. Set on a premium, pool-sized lot backing onto a scenic walking trail, this property offers the perfect blend of privacy, luxury, and family-friendly living. Located on a quiet, mature street lined exclusively with large detached homes, this is a rare opportunity to own one of the neighbourhood's most desirable properties. The thoughtfully designed floor plan features elegant principal rooms, rich hardwood flooring throughout the main and upper levels, and an abundance of natural light. The grand primary Br boasts a spa-inspired 5-piece ensuite and generous walk-in closet. Three additional bedrooms, a versatile loft space, and multiple bathrooms provide ample room for growing families. The finished lower level expands your living space with a large recreation area, an additional bedroom, full bathroom, utility room, and plenty of space for entertaining or multi-generational living. The beautifully maintained exterior showcases exceptional curb appeal with interlock stone walkways and patio, a lush lawn serviced by an underground sprinkler system, and numerous recent updates including a new roof (2021), new garage doors (2022), new eavestroughs and soffits (2018), and garage door openers. Enjoy summer entertaining with a convenient gas BBQ hookup and a backyard that offers endless possibilities. Perfectly positioned within walking distance to highly rated elementary schools and just steps from two neighbourhood parks, this perfectly situated home is close enough to Ridgeway Plaza to enjoy all it has to offer culturally....yet far enough to enjoy your peaceful enclave.

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active
New Listing
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$1,849,990 - 3296 Topeka Drive, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago
5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13464788
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to 3296 Topeka Drive, an exceptional executive residence nestled on one of Churchill Meadows' most sought-after streets. Situated on the coveted south side of Topeka Drive, where homes rarely become available, this impressive detached home offers over 5,700 square feet of beautifully finished living space, featuring 4+1 bedrooms, a spacious loft, and 4.5 bathrooms. Set on a premium, pool-sized lot backing onto a scenic walking trail, this property offers the perfect blend of privacy, luxury, and family-friendly living. Located on a quiet, mature street lined exclusively with large detached homes, this is a rare opportunity to own one of the neighbourhood's most desirable properties. The thoughtfully designed floor plan features elegant principal rooms, rich hardwood flooring throughout the main and upper levels, and an abundance of natural light. The grand primary Br boasts a spa-inspired 5-piece ensuite and generous walk-in closet. Three additional bedrooms, a versatile loft space, and multiple bathrooms provide ample room for growing families. The finished lower level expands your living space with a large recreation area, an additional bedroom, full bathroom, utility room, and plenty of space for entertaining or multi-generational living. The beautifully maintained exterior showcases exceptional curb appeal with interlock stone walkways and patio, a lush lawn serviced by an underground sprinkler system, and numerous recent updates including a new roof (2021), new garage doors (2022), new eavestroughs and soffits (2018), and garage door openers. Enjoy summer entertaining with a convenient gas BBQ hookup and a backyard that offers endless possibilities. Perfectly positioned within walking distance to highly rated elementary schools and just steps from two neighbourhood parks, this perfectly situated home is close enough to Ridgeway Plaza to enjoy all it has to offer culturally....yet far enough to enjoy your peaceful enclave.

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Estimated Payment

$8,183.13/mo

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5-yr fixed avg.

Principal: $1,479,992Interest: $974,947
Mortgage Amount$1,479,992
Total Interest$974,947
Est. Property Tax$1,310/mo
Total Cost$2,454,939

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

3296 Topeka Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,310
Insurance (est.)-$385
Net Cash Flow+$2,755

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 $529/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

Bathroom Count Matters

With 5 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.

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    3296 Topeka Drive, Mississauga | $1,849,990 | Battaglia Team