$849,000 - 5115 Salishan Circle, Mississauga
Townhouse for Sale in Mississauga
- MLS Number
- W12924576
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 21
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to this beautifully maintained 3-bedroom, 4-washroom home nestled in a highly sought-after, family-friendly neighbourhood of Mississauga. Thoughtfully designed with comfort and functionality in mind, this home offers a bright and spacious layout perfect for growing families. The main floor features an inviting open-concept living and dining area, ideal for both everyday living and entertaining. The kitchen is well-appointed with ample cabinetry and workspace, seamlessly flowing into the heart of the home. Upstairs, you'll find three generously sized bedrooms, including a primary retreat complete with its own ensuite bath. The finished basement adds incredible value, offering a large recreation area along with an additional bedroom and full washroom-perfect for extended family, guests, or a private workspace. One of the standout features of this home is its unbeatable location. Imagine the peace of mind of watching your kids walk safely across the road to Cooksville Creek Public School-a true convenience for busy families. Adding to its appeal is the excellent connectivity, with close proximity to the upcoming Hurontario LRT, offering seamless transit access across Mississauga and into Brampton-making daily commuting easier and enhancing long-term value. Situated close to parks, shopping, transit, and major highways, this home offers the perfect blend of comfort, lifestyle, and accessibility. A fantastic opportunity to own a move-in ready home in a well-established community-don't miss it!
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
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.
5115 Salishan Circle, 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 $566/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 21 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Mississauga have shown strong appreciation as families seek more space.
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.
Bathroom Count Matters
With 4 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.
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.