5174 Zionkate Lane, Mississauga

Price: $885,000

3 bedrooms, 3 bathrooms

1,500 sq ft

Property Type: Townhouse

MLS#: W12457686

Sleek Freehold Townhome | 3 Bedrooms | 2.5 Bathrooms | Mississauga Oakville Border. Experience the best of modern living in this beautifully designed one-year-old freehold townhome, ideally located at the vibrant crossroads of Mississauga and Oakville.This stylish 3-bedroom, 2.5-bath residence combines contemporary comfort with everyday functionality perfect for young families, professionals, or downsizers seeking a low-maintenance lifestyle. Step inside to an inviting open-concept main floor with 9-foot ceilings, expansive windows that flood the space with natural light, and a chef-inspired kitchen featuring quartz countertops, stainless steel appliances, and a sleek breakfast bar. The spacious living and dining area flows effortlessly to a private outdoor retreat, ideal for unwinding or entertaining guests.Upstairs, the primary suite offers a generous walk-in closet and a spa-inspired ensuite with glass shower enclosure. Two additional bedrooms provide versatility for guests, children, or a home office. A convenient second-floor laundry adds to the homes practical appeal.Enjoy exceptional value with low monthly fees of only $90.07 (POTL), an attached garage, and a location just minutes from top-rated schools, shopping centres, major highways, and public transit.This is a rare opportunity to own a modern, move-in-ready freehold townhome in one of the GTAs most desirable and fast-growing communities.Dont miss out book your private showing today!

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$885,000 - 5174 Zionkate Lane, Mississauga

Townhouse for Sale in Mississauga

32 days on market
3Beds
3Baths
1,500Sq Ft
Townhouse
Property Details
MLS Number
W12457686
Property Type
Townhouse
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
3
Square Feet
1,500 sqft
Neighbourhood
Mississauga
Lot Size
1,042 sqft
Listing Brokerage
RIGHT AT HOME REALTY
Description

Sleek Freehold Townhome | 3 Bedrooms | 2.5 Bathrooms | Mississauga Oakville Border. Experience the best of modern living in this beautifully designed one-year-old freehold townhome, ideally located at the vibrant crossroads of Mississauga and Oakville.This stylish 3-bedroom, 2.5-bath residence combines contemporary comfort with everyday functionality perfect for young families, professionals, or downsizers seeking a low-maintenance lifestyle. Step inside to an inviting open-concept main floor with 9-foot ceilings, expansive windows that flood the space with natural light, and a chef-inspired kitchen featuring quartz countertops, stainless steel appliances, and a sleek breakfast bar. The spacious living and dining area flows effortlessly to a private outdoor retreat, ideal for unwinding or entertaining guests.Upstairs, the primary suite offers a generous walk-in closet and a spa-inspired ensuite with glass shower enclosure. Two additional bedrooms provide versatility for guests, children, or a home office. A convenient second-floor laundry adds to the homes practical appeal.Enjoy exceptional value with low monthly fees of only $90.07 (POTL), an attached garage, and a location just minutes from top-rated schools, shopping centres, major highways, and public transit.This is a rare opportunity to own a modern, move-in-ready freehold townhome in one of the GTAs most desirable and fast-growing communities.Dont miss out book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,540.51/mo

Includes CMHC insurance ($24,692)

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5-yr fixed avg.

Principal: $796,500Interest: $540,961
Mortgage Amount$821,192
Total Interest$540,961
Est. Property Tax$627/mo
Total Cost$1,362,153

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

5174 Zionkate Lane, 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)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$627
Insurance (est.)-$184
Net Cash Flow+$1,919

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 25+ years of GTA real estate experience

Competitive Pricing

At $590/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 32 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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