5399 Festival Drive, Mississauga

Price: $1,149,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13349618

Stunning Sun-Filled Corner Semi-Detached Home in the Highly Sought-After Churchill Meadows Community! Located in a family-friendly neighborhood with top-ranked schools, this exceptional home offers the perfect blend of elegance, comfort, and convenience. Ideally situated close to the new Churchill Meadows Community Centre, transit, Credit Valley Hospital, and within walking distance to shopping and everyday amenities.This beautifully maintained home features premium hardwood flooring throughout the main and upper levels, soaring 9-ft ceilings, elegant oak staircase with wrought iron spindles, and abundant natural light throughout. The renovated family-sized kitchen boasts extensive cabinetry, granite countertops, stainless steel appliances, gas stove, and hood range - perfect for family living and entertaining.Enjoy the convenience of a double garage, storm doors at both front and rear entrances, and a maintenance-free backyard ideal for effortless outdoor enjoyment. The professionally renovated basement offers additional living space complete with a full washroom. Photos prior to Tenant moving in. Major updates and freshly Painted! include a new roof (2024).A true gem in one of Mississauga's most desirable neighborhoods, very close to Tenth Line Plaza, Shopping and Ridge way Plaza, Worship Places, Hwys! - don't miss this exceptional opportunity!

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$1,149,000 - 5399 Festival Drive, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed 4 days ago
3Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13349618
Property Type
Semi-Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX SUCCESS REALTY
Description

Stunning Sun-Filled Corner Semi-Detached Home in the Highly Sought-After Churchill Meadows Community! Located in a family-friendly neighborhood with top-ranked schools, this exceptional home offers the perfect blend of elegance, comfort, and convenience. Ideally situated close to the new Churchill Meadows Community Centre, transit, Credit Valley Hospital, and within walking distance to shopping and everyday amenities.This beautifully maintained home features premium hardwood flooring throughout the main and upper levels, soaring 9-ft ceilings, elegant oak staircase with wrought iron spindles, and abundant natural light throughout. The renovated family-sized kitchen boasts extensive cabinetry, granite countertops, stainless steel appliances, gas stove, and hood range - perfect for family living and entertaining.Enjoy the convenience of a double garage, storm doors at both front and rear entrances, and a maintenance-free backyard ideal for effortless outdoor enjoyment. The professionally renovated basement offers additional living space complete with a full washroom. Photos prior to Tenant moving in. Major updates and freshly Painted! include a new roof (2024).A true gem in one of Mississauga's most desirable neighborhoods, very close to Tenth Line Plaza, Shopping and Ridge way Plaza, Worship Places, Hwys! - don't miss this exceptional opportunity!

Mortgage Calculator

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Estimated Payment

$5,082.41/mo

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5-yr fixed avg.

Principal: $919,200Interest: $605,524
Mortgage Amount$919,200
Total Interest$605,524
Est. Property Tax$814/mo
Total Cost$1,524,724

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

5399 Festival Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$814
Insurance (est.)-$239
Net Cash Flow+$1,747

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 $766/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.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

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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    5399 Festival Drive, Mississa… — $1,149,000 | Battaglia Team