5125 Vetere Street, Mississauga

Price: $799,999

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: W12937962

Nestled in a private pocket of the sought-after Churchill Meadows community, this 2-year-old townhome features 3 bedrooms and 2.5 bathrooms with a modern, upgraded exterior. The ground level features a bright foyer with ample storage along with direct access to the garage. There's also flexibility here to create a small work or study nook. Head upstairs to the second level, where the open-concept layout creates an easy flow between the kitchen, dining, and living areas. The 9-foot ceilings add to the sense of space, while large west-facing windows bring in natural light throughout the day. The kitchen is modern and functional, featuring calacatta quartz counters, a generous breakfast bar island, s/s appliances. There is a walkout balcony just off the living area, perfect for a morning coffee or winding down in the evening. Upstairs, the third floor offers a generous primary bedroom complete with a walk-in closet and a private 4-piece ensuite. Two additional well-sized bedrooms and another full bathroom provide plenty of space for family or guests, with one bedroom even featuring its own balcony. All of this in an unbeatable location, just minutes to the Churchill Meadows Community Centre, Ridgeway Plaza, Credit Valley Hospital, top-rated schools, and quick access to GO transit and Highways 403 & 407.

5125 Vetere Street - Townhouse photo 1 of 17 in Mississauga, Ontario
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$799,999 - 5125 Vetere Street, Mississauga

Townhouse for Sale in Mississauga

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
W12937962
Property Type
Townhouse
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RIGHT AT HOME REALTY
Description

Nestled in a private pocket of the sought-after Churchill Meadows community, this 2-year-old townhome features 3 bedrooms and 2.5 bathrooms with a modern, upgraded exterior. The ground level features a bright foyer with ample storage along with direct access to the garage. There's also flexibility here to create a small work or study nook. Head upstairs to the second level, where the open-concept layout creates an easy flow between the kitchen, dining, and living areas. The 9-foot ceilings add to the sense of space, while large west-facing windows bring in natural light throughout the day. The kitchen is modern and functional, featuring calacatta quartz counters, a generous breakfast bar island, s/s appliances. There is a walkout balcony just off the living area, perfect for a morning coffee or winding down in the evening. Upstairs, the third floor offers a generous primary bedroom complete with a walk-in closet and a private 4-piece ensuite. Two additional well-sized bedrooms and another full bathroom provide plenty of space for family or guests, with one bedroom even featuring its own balcony. All of this in an unbeatable location, just minutes to the Churchill Meadows Community Centre, Ridgeway Plaza, Credit Valley Hospital, top-rated schools, and quick access to GO transit and Highways 403 & 407.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,104.41/mo

Includes CMHC insurance ($22,320)

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5-yr fixed avg.

Principal: $719,999Interest: $489,004
Mortgage Amount$742,319
Total Interest$489,004
Est. Property Tax$567/mo
Total Cost$1,231,323

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

5125 Vetere Street, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$1,996

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $533/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 15 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.

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.

Bathroom Count Matters

With 3 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.

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