$1,390,000 - 3375 Thomas Street Unit 13,14, Mississauga
New Construction for Sale in Mississauga
36 days on market- MLS Number
- W13105762
- Property Type
- New Construction
- Status
- active
- Days on Site
- 36
- Bedrooms
- 3
- Bathrooms
- 0
- Square Feet
- 2,900 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SKYBOUND REALTY
THE ULTIMATE LIVE/WORK MASTERPIECE: GARDEN VILLAS ON THOMAS! Why pay a commercial lease when you can run a thriving business from your own home? Built by Great Gulf Homes, this unique Live/Work townhouse in Churchill Meadows is the ultimate investment. Whether you are an entrepreneur or an investor seeking dual income streams, this property delivers high-traffic exposure and luxury living in one. Operate your own business or benefit from a proven turnkey location-all while qualifying for a Residential Mortgage....Top 8 Reasons You'll Love This Property! 1) Own Your Equity: Stop paying a lease. Turn your monthly overhead into long-term wealth by running your business from your own property. 2) Proven Income Stream: Home to SmartFits Alterations, a highly successful, established business with a loyal repeat clientele already generating steady annual income. 3) Residential Financing: Advantageous residential mortgage rates and lower down payments, offering a massive edge over traditional commercial units. 4) Great Gulf Pedigree: Premium construction by one of Canada's elite developers, featuring modern urban design across 4 spacious, functional levels. 5) Maximum Brand Visibility: Prime street-level exposure on Thomas St ensures your business is seen by the vibrant, high-density Churchill Meadows community. 6) Luxury 3-Beds Residence: Upper floors feature a bright, open-concept 3 Bedroom + Den layout with two private balconies for a complete work-life split. 7) Ample Private Parking: Includes a built-in garage plus extra owned parking spaces-a rare convenience for both the owner and clients. 8) Separate Entrances: Maintain perfect professional boundaries with dedicated private access for both the commercial and residential portions of the home...Don't miss this rare chance to own a high-traffic business location and a luxury home in one. Book your tour of 3375 Thomas St today!
Estimate your monthly payments for this property
Estimated Payment
$6,148.44/mo
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.
3375 Thomas Street Unit 13,14, 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
Competitive Pricing
At $479/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 36 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.
Larger Home Realities
At 2,900 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.
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.
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 $5,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.