5525 Palmerston Crescent Unit 54, Mississauga

Price: $3,000

4 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12900334

- 1 Master Bedroom plus 2 bedrooms in the upper level - 1 full 3-piece bathrooms (1 in upper level with tub plus one with shower and powder room in main level) - single covered garage.- Amazing Location. Best rated schools in the area. Walking distance from Streetville Go Station, Streetville Commercial Area and 2 parks with playgrounds, 5 mins from Credit Valley Hospital, Erin Mills Town Centre, Community Centre. *For Additional Property Details Click The Brochure Icon Below*

5525 Palmerston Crescent Unit 54 - Condo photo 1 of 19 in Mississauga, Ontario
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delisted
1/19

$3,000 - 5525 Palmerston Crescent Unit 54, Mississauga

Condo for Sale in Mississauga

4Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12900334
Property Type
Condo
Status
delisted
Days on Site
17
Bedrooms
4
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
ICI SOURCE REAL ASSET SERVICES INC.
Description

- 1 Master Bedroom plus 2 bedrooms in the upper level - 1 full 3-piece bathrooms (1 in upper level with tub plus one with shower and powder room in main level) - single covered garage.- Amazing Location. Best rated schools in the area. Walking distance from Streetville Go Station, Streetville Commercial Area and 2 parks with playgrounds, 5 mins from Credit Valley Hospital, Erin Mills Town Centre, Community Centre. *For Additional Property Details Click The Brochure Icon Below*

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

5525 Palmerston Crescent Unit 54, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
1002.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$2
Insurance (est.)-$1
Net Cash Flow+$2,507

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 25+ years of GTA real estate experience

Competitive Pricing

At $3/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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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