$689,999 - 7236 Meyer Drive, Mississauga
Detached for Sale in Mississauga
New — Listed 4 days ago- MLS Number
- W13415742
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE SUPREME REALTY
Welcome to this beautifully maintained detached back-split nestled in the heart of Malton, one of Mississauga's most convenient and family-friendly communities. Situated on a generous lot, this charming home offers a bright and inviting layout featuring spacious living and dining areas with large windows that fill the home with natural light. The functional eat-in kitchen provides ample cabinetry, generous counter space, and a walkout to the backyard, making it ideal for everyday living and entertaining. The upper level offers comfortable bedrooms and a bathroom fit for relaxing, while the finished lower level with a walk-out to the backyard provides additional living space perfect for a recreation room, home office, gym, extended family accommodations, or future rental potential. Outside, enjoy a large, private, fully fenced backyard with plenty of room for children, pets, gardening, summer gatherings and backyard oasis creativity. Also featuring a 1-car garage and private 2-car driveway. Located at the highly sought-after intersection of Morning Star Drive and Darcel Avenue, this home offers exceptional convenience. Just minutes from Malton Community Centre, parks, sports fields, schools, shopping, grocery stores (Chalo, FreshCo), local bakeries, banking services, medical centers, and public transit. Families will love the immediate proximity to schools like Darcel Avenue Senior Public School, Dunrankin Drive Public School, and the state-of-the-art Malton Community Centre & Public Library. Enjoy easy access to Westwood Square, Toronto Pearson International Airport, Humber College, Major Highways 427, 407, 409, and 401, making commuting throughout the GTA effortless. The area is also served by MiWay transit and nearby GO Transit connections. Whether you are looking for your forever home or an asset with robust cash-flow potential, 7236 Meyer Drive delivers on every front.
Estimate your monthly payments for this property
Estimated Payment
$3,540.05/mo
Includes CMHC insurance ($19,251)
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.
7236 Meyer Drive, 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 $627/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
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 $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.