2640 Canberra Road, Mississauga

Price: $980,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13622214

Welcome to this wonderfully bright and open semi-detached home! Nestled in a mature and highly sought-after pocket of Meadowvale, this property offers a fantastic layout filled with natural light from tons of large windows. The updated kitchen features plenty of cupboard space and seamlessly overlooks a fabulous family room addition. Upstairs, you will find three excellent-sized bedrooms, complemented by a fully finished basement for extra living space. Enjoy two separate walkouts leading to a private, fully fenced backyard oasis surrounded by mature trees. Unbeatable location-just a short walk to the Meadowvale GO Station, Meadowvale Community Centre, and local shops. A truly well-loved gem!

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$980,000 - 2640 Canberra Road, Mississauga

Semi-Detached for Sale in Mississauga

Neighbourhood: Meadowvale

4Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13622214
Property Type
Semi-Detached
Status
active
Days on Site
24
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Welcome to this wonderfully bright and open semi-detached home! Nestled in a mature and highly sought-after pocket of Meadowvale, this property offers a fantastic layout filled with natural light from tons of large windows. The updated kitchen features plenty of cupboard space and seamlessly overlooks a fabulous family room addition. Upstairs, you will find three excellent-sized bedrooms, complemented by a fully finished basement for extra living space. Enjoy two separate walkouts leading to a private, fully fenced backyard oasis surrounded by mature trees. Unbeatable location-just a short walk to the Meadowvale GO Station, Meadowvale Community Centre, and local shops. A truly well-loved gem!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,027.91/mo

Includes CMHC insurance ($27,342)

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5-yr fixed avg.

Principal: $882,000Interest: $599,030
Mortgage Amount$909,342
Total Interest$599,030
Est. Property Tax$694/mo
Total Cost$1,508,372

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: Meadowvale

Master-Planned Community Excellence

Meadowvale is one of Canada's first and most successful master-planned communities. Developed in the 1970s and 80s, the neighbourhood was designed with abundant green space, excellent schools, and a balanced mix of housing types. Today, Meadowvale remains a popular choice for families seeking affordability without sacrificing quality of life.

Why Live in Meadowvale

  • Extensive parks and trail system
  • Top-rated schools including Meadowvale Secondary
  • Diverse, multicultural community
  • Convenient shopping and services
  • Strong value proposition for families

Nearby Schools

Meadowvale Secondary SchoolPublic High School
St. Martin Secondary SchoolCatholic High School
Meadowvale Village PSPublic Elementary
Blessed Sacrament Catholic SchoolCatholic Elementary

Transit & Commuting

  • Meadowvale GO Station
  • Multiple MiWay bus routes
  • Close to Highway 401 and 403
  • 15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Meadowvale Town Centre
  • Iceland Arena
  • Meadowvale Community Centre
  • Extensive trail network
  • Multiple shopping plazas

Lifestyle & Community

Meadowvale offers excellent value with comprehensive community amenities. The neighbourhood is ideal for families seeking good schools, safe streets, and plenty of recreational opportunities.

52
Walk Score
$700K - $1.4M
Price Range

2640 Canberra Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$694
Insurance (est.)-$204
Net Cash Flow+$2,302

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 $653/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 24 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.

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.

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.

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    2640 Canberra Road, Mississauga | $980,000 | Battaglia Team