5797 Tiz Road, Mississauga

Price: $749,900

4 bedrooms, 4 bathrooms

1,100 sq ft

Property Type: Townhouse

MLS#: W12552138

Welcome to this freehold townhome in the highly desirable Heartland neighbourhood of Mississauga! This home need little TLC can be a good option for renovators, flippers or contractors or for Handyman or for someone who is looking for a deal. This bright and spacious 3-bedroom, 4-bathroom home offers an ideal blend of comfort, functionality, and style. The versatile layout spans two and a half levels, featuring a walk-out ground floor with modern laminate flooring, a cozy family room, and access to a fully fenced backyard - perfect for entertaining, barbecues, or quiet evenings outdoors. The main level boasts a sun-filled open-concept living and dining area, alongside a modern kitchen with a breakfast area, perfect for family gatherings or casual meals. Upstairs, you'll find three spacious bedrooms, including a primary suite with a walk-in closet and a 4-piece ensuite. Located in one of Mississauga's most convenient areas, you're just minutes from Heartland Town Centre, Costco, Home Depot, major banks, schools, parks. With quick access to Highways 401 & 403, and nearby Erindale and Streetsville GO Stations, commuting is effortless. This home is being sold as is. This home has a portal Fee of $130 per month.

5797 Tiz Road - Townhouse photo 1 of 9 in Mississauga, Ontario
5797 Tiz Road - Townhouse photo 2 of 9 in Mississauga, Ontario
5797 Tiz Road - Townhouse photo 3 of 9 in Mississauga, Ontario
5797 Tiz Road - Townhouse photo 4 of 9 in Mississauga, Ontario
5797 Tiz Road - Townhouse photo 5 of 9 in Mississauga, Ontario
5797 Tiz Road - Townhouse photo 6 of 9 in Mississauga, Ontario
5797 Tiz Road - Townhouse photo 7 of 9 in Mississauga, Ontario
5797 Tiz Road - Townhouse photo 8 of 9 in Mississauga, Ontario
5797 Tiz Road - Townhouse photo 9 of 9 in Mississauga, Ontario
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$749,900 - 5797 Tiz Road, Mississauga

Townhouse for Sale in Mississauga

32 days on market
4Beds
4Baths
1,100Sq Ft
Townhouse
Property Details
MLS Number
W12552138
Property Type
Townhouse
Status
active
Days on Site
32
Bedrooms
4
Bathrooms
4
Square Feet
1,100 sqft
Neighbourhood
Mississauga
Lot Size
1,679 sqft
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Welcome to this freehold townhome in the highly desirable Heartland neighbourhood of Mississauga! This home need little TLC can be a good option for renovators, flippers or contractors or for Handyman or for someone who is looking for a deal. This bright and spacious 3-bedroom, 4-bathroom home offers an ideal blend of comfort, functionality, and style. The versatile layout spans two and a half levels, featuring a walk-out ground floor with modern laminate flooring, a cozy family room, and access to a fully fenced backyard - perfect for entertaining, barbecues, or quiet evenings outdoors. The main level boasts a sun-filled open-concept living and dining area, alongside a modern kitchen with a breakfast area, perfect for family gatherings or casual meals. Upstairs, you'll find three spacious bedrooms, including a primary suite with a walk-in closet and a 4-piece ensuite. Located in one of Mississauga's most convenient areas, you're just minutes from Heartland Town Centre, Costco, Home Depot, major banks, schools, parks. With quick access to Highways 401 & 403, and nearby Erindale and Streetsville GO Stations, commuting is effortless. This home is being sold as is. This home has a portal Fee of $130 per month.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.38/mo

Includes CMHC insurance ($20,922)

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5-yr fixed avg.

Principal: $674,910Interest: $458,381
Mortgage Amount$695,832
Total Interest$458,381
Est. Property Tax$531/mo
Total Cost$1,154,213

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

5797 Tiz Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,213

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 $682/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 32 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.

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 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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