5300 Palmetto Place, Mississauga

Price: $799,999

3 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: W13175902

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!

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$799,999 - 5300 Palmetto Place, Mississauga

Townhouse for Sale in Mississauga

3Beds
4Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
W13175902
Property Type
Townhouse
Status
active
Days on Site
17
Bedrooms
3
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE REALTY PLUS
Description

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!

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

5300 Palmetto Place, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$1,816

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $727/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 17 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 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.

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    5300 Palmetto Place, Mississauga — $799,999 | Battaglia Team