$999,999 - 5300 Palmetto Place, Mississauga
Townhouse for Sale in Mississauga
Popular Listing- MLS Number
- W12804258
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 11
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- ~1,100 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REALTY PLUS
Stunning Freehold Townhome in a Prime Location! Beautifully renovated and meticulously maintained, this spacious 3-bedroom, 3.5-bath home offers the perfect blend of style, comfort, and privacy. Featuring rich hardwood floors and an elegant oak staircase with upgraded metal spindles, the home showcases quality finishes throughout. Enjoy the rare convenience of direct garage access to both the interior and the backyard - a functional bonus that sets this property apart. The bright and inviting primary bedroom includes a 3-piece ensuite, while two additional generously sized bedrooms provide flexibility for a growing family, guests, or a dedicated home office. The modern kitchen is a true highlight, complete with quartz countertops and quartz backsplash, newer appliances, and ample cabinetry - ideal for everyday living and entertaining. The fully finished basement adds exceptional living space, featuring an additional room perfect for a home office or guest area, along with a 3-piece bathroom and closet for added functionality. For everyday convenience, the laundry room is thoughtfully located on the main floor. Located in a highly desirable, central neighbourhood, you're just steps from transit, parks, schools, grocery stores, banks, and popular dining options. With quick access to Highways 403, 401, and 407, commuting is effortless. Move-in ready and offering outstanding value, this home truly stands out. Don't miss your opportunity - book your private showing today!
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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.
5300 Palmetto Place, Mississauga
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Rental income estimator & ROI calculator
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 25+ years of GTA real estate experience
Fair Market Value
At $909/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.