622 Lumberton Crescent, Mississauga

Price: $849,900

3 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: W13138830

Location, Location, Locations!!! Freehold Gorgeous Townhouse featuring 3 spacious bedrooms, 3.5 Bathrooms in the heart of Mississauga. Freshly painted, Well maintained, Pot lights, hardwood flooring throughout. 4 cars parking (no sidewalk) & Huge deck. Situated in a friendly neighbourhood on 19.19 x 144.37 Huge LOT. Close to Hwy, 401, 403, 410, & 427. 10 minutes to Square one mall, close to Cooksville and Dixie Go Transit. Paramount Fine foods arena and Iceland serves perfectly for families whose children love to play hockey, soccer, gymnastics, basketball & baseball. Walking trails, Iceland Cricket ground & parks and so many extra activities. Hurry! before it's gone. (Roof 2025, AC owned 2022, Windows 2022).

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$849,900 - 622 Lumberton Crescent, Mississauga

Townhouse for Sale in Mississauga

31 days on market
3Beds
4Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
W13138830
Property Type
Townhouse
Status
active
Days on Site
31
Bedrooms
3
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
SAVE MAX SPECIALISTS REALTY
Description

Location, Location, Locations!!! Freehold Gorgeous Townhouse featuring 3 spacious bedrooms, 3.5 Bathrooms in the heart of Mississauga. Freshly painted, Well maintained, Pot lights, hardwood flooring throughout. 4 cars parking (no sidewalk) & Huge deck. Situated in a friendly neighbourhood on 19.19 x 144.37 Huge LOT. Close to Hwy, 401, 403, 410, & 427. 10 minutes to Square one mall, close to Cooksville and Dixie Go Transit. Paramount Fine foods arena and Iceland serves perfectly for families whose children love to play hockey, soccer, gymnastics, basketball & baseball. Walking trails, Iceland Cricket ground & parks and so many extra activities. Hurry! before it's gone. (Roof 2025, AC owned 2022, Windows 2022).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

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5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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

622 Lumberton Crescent, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$1,771

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 $773/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 31 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.

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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    622 Lumberton Crescent, Mississauga | $849,900 | Battaglia Team