5962 Manzanillo Crescent, Mississauga

Price: $919,700

3 bedrooms, 3 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12640480

Welcome to this well-maintained 2-storey link home in the highly desirable Churchill Meadows community of Mississauga. Offering 3 generous bedrooms and 3 bathrooms, this home features a functional and family-friendly layout. The main floor boasts a combined living and dining area highlighted by a cozy fireplace, creating an inviting space for everyday living and entertaining. The unfinished basement provides excellent potential for future customization and includes a cold room for added storage. Outside, enjoy the convenience of a single-car garage and an extended driveway accommodating up to 3 vehicles with no sidewalk-a rare and valuable feature. The property is complemented by a cement walkway and patio, ideal for outdoor enjoyment, along with a garden shed for additional storage. Located close to schools, parks, transit, and all essential amenities, this home offers comfort, practicality, and great value in a sought-after neighbourhood.

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$919,700 - 5962 Manzanillo Crescent, Mississauga

Single Family Home for Sale in Mississauga

45 days on market
3Beds
3Baths
~1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12640480
Property Type
Single Family Home
Status
active
Days on Site
45
Bedrooms
3
Bathrooms
3
Square Feet
~1,100 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

Welcome to this well-maintained 2-storey link home in the highly desirable Churchill Meadows community of Mississauga. Offering 3 generous bedrooms and 3 bathrooms, this home features a functional and family-friendly layout. The main floor boasts a combined living and dining area highlighted by a cozy fireplace, creating an inviting space for everyday living and entertaining. The unfinished basement provides excellent potential for future customization and includes a cold room for added storage. Outside, enjoy the convenience of a single-car garage and an extended driveway accommodating up to 3 vehicles with no sidewalk-a rare and valuable feature. The property is complemented by a cement walkway and patio, ideal for outdoor enjoyment, along with a garden shed for additional storage. Located close to schools, parks, transit, and all essential amenities, this home offers comfort, practicality, and great value in a sought-after neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,718.54/mo

Includes CMHC insurance ($25,660)

$
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5-yr fixed avg.

Principal: $827,730Interest: $562,172
Mortgage Amount$853,390
Total Interest$562,172
Est. Property Tax$651/mo
Total Cost$1,415,561

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

5962 Manzanillo Crescent, 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)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$651
Insurance (est.)-$192
Net Cash Flow+$1,957

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

Fair Market Value

At $836/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 45 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.

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 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.

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 $3,832 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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