5610 Montevideo Road Unit 9, Mississauga

Price: $669,990

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12829736

Welcome To This Lovely Meadowvale Condo Townhouse Featuring 3 Spacious Bedrooms, 2 Bathrooms And Fully Finished Basement For Extra Living Space. Great Main Floor Living Space, With Good Sized Kitchen, Dining Room Open To Living Room Facing The Backyard, Ready To Be Your Own Private Oasis. The House Has New SS Kitchen Appliances, New Carpet Throughout, Brand New Windows Throughput And New Pot Lights. Steps To Meadowvale Town Centre And Walking Paths. Very Close To 401, 403, 407, Meadowvale GO Station, Grocery Stores And Meadowvale Community Centre. The House Will Have a New Garage Door Installed At The Owner's Expense Within Few Weeks).

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$669,990 - 5610 Montevideo Road Unit 9, Mississauga

Condo for Sale in Mississauga

108 days on market
4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12829736
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

Welcome To This Lovely Meadowvale Condo Townhouse Featuring 3 Spacious Bedrooms, 2 Bathrooms And Fully Finished Basement For Extra Living Space. Great Main Floor Living Space, With Good Sized Kitchen, Dining Room Open To Living Room Facing The Backyard, Ready To Be Your Own Private Oasis. The House Has New SS Kitchen Appliances, New Carpet Throughout, Brand New Windows Throughput And New Pot Lights. Steps To Meadowvale Town Centre And Walking Paths. Very Close To 401, 403, 407, Meadowvale GO Station, Grocery Stores And Meadowvale Community Centre. The House Will Have a New Garage Door Installed At The Owner's Expense Within Few Weeks).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,437.40/mo

Includes CMHC insurance ($18,693)

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5-yr fixed avg.

Principal: $602,991Interest: $409,535
Mortgage Amount$621,684
Total Interest$409,535
Est. Property Tax$475/mo
Total Cost$1,031,219

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

5610 Montevideo Road Unit 9, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$475
Insurance (est.)-$140
Net Cash Flow+$1,925

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 $558/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.

Negotiation Opportunity

At 108 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.

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.

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 $2,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    5610 Montevideo Road Unit 9, Mississauga | $669,990 | Battaglia Team