$3,499/mo - 5255 Palmetto Place Unit 165, Mississauga
Condo for Rent in Mississauga
138 days on market- MLS Number
- W12551154
- Property Type
- Condo
- Status
- active
- Days on Site
- 138
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Gorgeous and exceptional Top to Bottom Renovated townhouse located in the highly desirable Churchill Meadows neighborhood. This beautifully maintained home features 3 spacious bedrooms and 4 bathrooms, freshly painted throughout with numerous upgrades including a quartz countertop in the kitchen, throughout potlights, upgraded Kitchen, upgraded bathrooms, Custom closets and new Hardwood flooring on both floors, New stairs. Enjoy a backyard perfect for outdoor living. Conveniently situated within walking distance to shopping, top-ranked schools, parks, and just minutes from major highways and the Credit Valley hospital. A perfect blend of comfort, style, and location! This home is located in park heaven, with 3 parks within a 3 to 7 minute walk from this address. Do not miss this opportunity!
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.
5255 Palmetto Place Unit 165, Mississauga
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $3,499/mo, this is in line with typical 3-bedroom rents in Mississauga (~$3,500/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Negotiation Opportunity
At 138 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.