3140 Fifth Line Unit 14, Mississauga

Price: $859,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W13673860

Welcome to 3140 Fifth Line W, Unit 14, an extensively renovated corner townhome offering the space and privacy of a semi in a mature, tree-filled Mississauga community. With more than $100,000 invested in thoughtful, high-quality improvements, this standout home is truly move-in ready. The redesigned and expanded kitchen is the heart of the home. A generous island provides abundant workspace and seating, complemented by extensive custom cabinetry, high-end built-in appliances and exceptional storage. Its open connection to the living and dining areas creates an inviting setting for everyday life and effortless entertaining. Hardwood flooring runs throughout the carpet-free interior, while wainscoting, detailed mouldings and pot lights bring a timeless, polished finish. California shutters add style and privacy, all three bedrooms feature custom closet organizers, and two fully renovated bathrooms, plus a convenient powder room, continue the home's elevated design. The corner position provides additional privacy and a semi-like feel, while the private backyard has no neighbours directly behind. Mature trees and abundant green space create a peaceful natural backdrop rarely found in the city. Step onto the main-floor balcony with your morning coffee and take in the tranquil views, or unwind in the secluded backyard below. Immaculately maintained and showing beautifully, this is not simply another home in the complex. Walking distance to parks, trails, schools, and shopping. Under 3km to University of Toronto Mississauga Campus 10 minute drive to Clarkson GO - Direct service from Clarkson to Union Station in as little as 26 minutes. Convenient location, close to QEW, 403. It is an exceptional, extensively renovated property offering refined interiors, impressive storage and peaceful outdoor living, all ready for its next owner to enjoy.

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$859,000 - 3140 Fifth Line Unit 14, Mississauga

Condo for Sale in Mississauga

Popular Listing

Neighbourhood: Erin Mills

3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W13673860
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
East
Balcony
Enclosed
Listing Brokerage
Century 21 Signature Service
Description

Welcome to 3140 Fifth Line W, Unit 14, an extensively renovated corner townhome offering the space and privacy of a semi in a mature, tree-filled Mississauga community. With more than $100,000 invested in thoughtful, high-quality improvements, this standout home is truly move-in ready. The redesigned and expanded kitchen is the heart of the home. A generous island provides abundant workspace and seating, complemented by extensive custom cabinetry, high-end built-in appliances and exceptional storage. Its open connection to the living and dining areas creates an inviting setting for everyday life and effortless entertaining. Hardwood flooring runs throughout the carpet-free interior, while wainscoting, detailed mouldings and pot lights bring a timeless, polished finish. California shutters add style and privacy, all three bedrooms feature custom closet organizers, and two fully renovated bathrooms, plus a convenient powder room, continue the home's elevated design. The corner position provides additional privacy and a semi-like feel, while the private backyard has no neighbours directly behind. Mature trees and abundant green space create a peaceful natural backdrop rarely found in the city. Step onto the main-floor balcony with your morning coffee and take in the tranquil views, or unwind in the secluded backyard below. Immaculately maintained and showing beautifully, this is not simply another home in the complex. Walking distance to parks, trails, schools, and shopping. Under 3km to University of Toronto Mississauga Campus 10 minute drive to Clarkson GO - Direct service from Clarkson to Union Station in as little as 26 minutes. Convenient location, close to QEW, 403. It is an exceptional, extensively renovated property offering refined interiors, impressive storage and peaceful outdoor living, all ready for its next owner to enjoy.

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Estimate your monthly payments for this property

Estimated Payment

$4,407.12/mo

Includes CMHC insurance ($23,966)

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5-yr fixed avg.

Principal: $773,100Interest: $525,068
Mortgage Amount$797,066
Total Interest$525,068
Est. Property Tax$608/mo
Total Cost$1,322,135

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: Erin Mills

Master-Planned Excellence

Erin Mills is one of Mississauga's most successful master-planned communities, developed by the Cadillac Fairview Corporation starting in the 1970s. The neighbourhood is renowned for its excellent schools, abundant green spaces, and well-designed street layouts. Erin Mills offers a complete suburban lifestyle with top-tier amenities, making it one of the most sought-after areas in the GTA.

Why Live in Erin Mills

  • Award-winning master-planned community
  • Excellent schools including top-ranked John Fraser SS
  • Erin Mills Town Centre shopping
  • Extensive parks and trail systems
  • Mix of housing from condos to executive homes

Nearby Schools

John Fraser Secondary SchoolPublic High School
St. Aloysius Gonzaga Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School
Sawmill Valley Public SchoolPublic Elementary

Transit & Commuting

  • Erin Mills Transitway
  • MiWay bus network
  • Highway 403 access
  • Close to Highway 401 and 407

Parks & Amenities

  • Erin Mills Town Centre
  • Credit Valley Conservation Areas
  • Erin Meadows Community Centre
  • Multiple golf courses nearby
  • Extensive trail systems

Lifestyle & Community

Erin Mills epitomizes successful suburban planning. Residents enjoy excellent schools, convenient shopping at Erin Mills Town Centre, and beautiful natural areas. The community attracts families seeking top-tier education and a safe, well-maintained environment.

58
Walk Score
$750K - $2M
Price Range

3140 Fifth Line Unit 14, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$608
Insurance (est.)-$179
Net Cash Flow+$1,413

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 $537/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.

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.

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.

About Erin Mills

I know Erin Mills well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    3140 Fifth Line Unit 14, Mississauga | $859,000 | Battaglia Team