$719,000 - 5030 Heatherleigh Avenue Unit 111, Mississauga
Condo for Sale in Mississauga
36 days on market- MLS Number
- W13121242
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- East
- Balcony
- Juliette
- Listing Brokerage
- PROPERTY.CA INC.
Beautiful, Bright 3 Bedroom Townhouse Located In Central Mississauga. Welcome To This Well-Maintained, Professionally Cleaned,Owner Occupied Home. Pull Up To The Beautiful Brick Townhouse Featuring A Built-In Garage & Private Parking Spot On the Driveway. Step Into The Spacious Raised Open Concept Living Area With Laminate Flooring And California Shutters Across The Front Windows, Allowing For Adjustable Natural Light. Open To The Dining- Great For Hosting- A New Dining Light Fixture Makes Entertaining Easy And Inviting.The Kitchen Features Stainless Steel Appliances, Stone Countertops, Tiled Flooring, And An Adorable Window Above The Sink. Enjoy Space For An Eat-In Breakfast Area With A Juliette Balcony Overlooking Greenspace. A Convenient 2 Piece Bathroom On This Floor Is Perfect For Guests.Upstairs Offers A Bright Second Level With 3 Bedrooms, New Light Fixtures, California Shutters, And Mature Trees Providing Excellent Privacy Throughout. The Bathroom Features A Matching Vanity, Shower, And Convenient Semi- Ensuite 2 Way Entry. The Lower Level Is Freshly Painted And Offers Excellent Work From Home Space With Bright Pot Lights And A Walkout To The Backyard, Perfect For Enjoying Warm Weather. Direct Garage Access Adds Convenience For All Seasons. Amazing Location Close To Everything You Could Need: Hwy 403 & 401, Grocery Stores, Shops, Restaurants, Schools, Parks, Square One, And Transit Are All Just Minutes Away. Perfect For A First-Time Buyer Or Growing Family. Low Maintenance Fees And A Well-Maintained Complex With Plenty Of Visitor Parking Complete This Fantastic Opportunity.
Estimate your monthly payments for this property
Estimated Payment
$3,688.84/mo
Includes CMHC insurance ($20,060)
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.
5030 Heatherleigh Avenue Unit 111, 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 $719/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.
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.
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 $2,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.