$849,000 - 7155 Magistrate Terrace Unit 155, Mississauga
Condo for Sale in Mississauga
139 days on market- MLS Number
- W12703764
- Property Type
- Condo
- Status
- active
- Days on Site
- 139
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- HOME VISION REAL ESTATE INC.
Absolute stunning and fully upgraded semi-detached condo in Meadowvale Village. Family-friendly neighbourhood with very low maintenance fees. One of the biggest corner unit in the complex. Corner unit attached only on one side, filled with natural light and featuring 9 ft ceilings on main, oak hardwood floors throughout, hardwood staircase, and an open-concept living/dining room with pot lights. Stunning recently upgraded kitchen with quartz countertops, quartz backsplash, brand new stainless steel appliances, and built-in microwave, with an eat-in breakfast area. Second floor offers 3 spacious bedrooms including a primary with his & her closets and 3-pc ensuite, plus an additional full bath. Walkout basement features a 4th bedroom-ideal for in-laws, guests, or home office-with separate entrance to the fully fenced backyard. Garage access to the home with additional backyard entry through garage. Minutes to HWY 407 & 401, Heartland Town Centre, Meadowvale GO Station, and top-rated schools: Derry West PS, David Leeder MS, Levi Creek French Immersion & St. Marcellinus SS. Freshly painted and move-in ready. Not to be missed!
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
5-yr fixed avg.
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.
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
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.
7155 Magistrate Terrace Unit 155, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $531/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 139 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.
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.