3242 Tortola Court, Mississauga

Price: $889,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W12941648

Welcome to this beautifully maintained 3 bedroom semi-detached home, tucked away on a quiet, family-friendly court in the heart of Meadowvale. Situated on a huge pie-shaped lot, Ideally located just minutes from Highway 401 and close to all major amenities including shopping, schools, parks, and public transit. Enjoy a beautiful extra large backyard complete with a deck, ideal for relaxing or entertaining, With its functional layout and convenient location, this home is perfect for families or investors alike.

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$889,000 - 3242 Tortola Court, Mississauga

Semi-Detached for Sale in Mississauga

98 days on market

Neighbourhood: Meadowvale

3Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W12941648
Property Type
Semi-Detached
Status
active
Days on Site
98
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.
Description

Welcome to this beautifully maintained 3 bedroom semi-detached home, tucked away on a quiet, family-friendly court in the heart of Meadowvale. Situated on a huge pie-shaped lot, Ideally located just minutes from Highway 401 and close to all major amenities including shopping, schools, parks, and public transit. Enjoy a beautiful extra large backyard complete with a deck, ideal for relaxing or entertaining, With its functional layout and convenient location, this home is perfect for families or investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,561.03/mo

Includes CMHC insurance ($24,803)

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5-yr fixed avg.

Principal: $800,100Interest: $543,406
Mortgage Amount$824,903
Total Interest$543,406
Est. Property Tax$630/mo
Total Cost$1,368,309

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

3242 Tortola Court, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$630
Insurance (est.)-$185
Net Cash Flow+$1,985

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 $593/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 98 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.

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.

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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    3242 Tortola Court, Mississauga | $889,000 | Battaglia Team