5186 Viola Desmond Drive, Mississauga

Price: $1,025,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: W12984542

FREEHOLD 3 storey townhouse (No POTL) with backyard and basement. 9' ceilings on main & 2nd floor, oak stairs, hardwood floor throughout, electric fireplace, quartz countertop & backsplash in kitchen. Glassshower in ens. and WIC in Primary. Air conditioner included. Showstopper, A Beautifully Appointed Three-Storey Townhouse nestled in The highly sought-after Community Of Churchill Meadows in Mississauga. Main level has a Rec/Family room, walkout to yard. The second level showcases a bright and open-concept layout featuring a modern kitchen with Quartz Countertop and a ~9ft long centre island, seamlessly connected to the dining area with a walkout to a private deck, perfect for entertaining or relaxing. And an inviting livingroom complete with an electric Fireplace. Laundry room with extra storage is also on this level along with powder room. The upper level hosts A Tranquil Primary Suite with a Walk-in closet and a 3-pc ensuite with a small balcony, alongside two additional well-appointed bedrooms, a 3pc main bathroom. While the unfinished area offers ablank canvas for future customization. Potentially to covert main and basement into in-law suite. Extended driveway with professionally interlocking for your extra car (rare feature in this complex). Ideally located close to major hwys for an easy commute, as well as Schools, Shopping, public Transit, Churchill Meadow Community Centre & Mattamy Sports Park & retail and all the amenities Mississauga has to offer, One Of The City's Most Desirable Neighbourhoods. "Eligible first time Home Buyers may be able to receive up to an additional 13% savings on the purchase of this home through the proposed Government FTHB Rebate Program".

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New Listing
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$1,025,000 - 5186 Viola Desmond Drive, Mississauga

Townhouse for Sale in Mississauga

New — Listed 5 days ago
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
W12984542
Property Type
Townhouse
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.
Description

FREEHOLD 3 storey townhouse (No POTL) with backyard and basement. 9' ceilings on main & 2nd floor, oak stairs, hardwood floor throughout, electric fireplace, quartz countertop & backsplash in kitchen. Glassshower in ens. and WIC in Primary. Air conditioner included. Showstopper, A Beautifully Appointed Three-Storey Townhouse nestled in The highly sought-after Community Of Churchill Meadows in Mississauga. Main level has a Rec/Family room, walkout to yard. The second level showcases a bright and open-concept layout featuring a modern kitchen with Quartz Countertop and a ~9ft long centre island, seamlessly connected to the dining area with a walkout to a private deck, perfect for entertaining or relaxing. And an inviting livingroom complete with an electric Fireplace. Laundry room with extra storage is also on this level along with powder room. The upper level hosts A Tranquil Primary Suite with a Walk-in closet and a 3-pc ensuite with a small balcony, alongside two additional well-appointed bedrooms, a 3pc main bathroom. While the unfinished area offers ablank canvas for future customization. Potentially to covert main and basement into in-law suite. Extended driveway with professionally interlocking for your extra car (rare feature in this complex). Ideally located close to major hwys for an easy commute, as well as Schools, Shopping, public Transit, Churchill Meadow Community Centre & Mattamy Sports Park & retail and all the amenities Mississauga has to offer, One Of The City's Most Desirable Neighbourhoods. "Eligible first time Home Buyers may be able to receive up to an additional 13% savings on the purchase of this home through the proposed Government FTHB Rebate Program".

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Estimated Payment

$4,533.92/mo

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5-yr fixed avg.

Principal: $820,000Interest: $540,176
Mortgage Amount$820,000
Total Interest$540,176
Est. Property Tax$726/mo
Total Cost$1,360,176

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

5186 Viola Desmond Drive, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$726
Insurance (est.)-$214
Net Cash Flow+$1,790

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 $683/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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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