3296 Topeka Drive, Mississauga

Price: $1,849,990

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13464788

Welcome to 3296 Topeka Drive, an exceptional executive residence nestled on one of Churchill Meadows' most sought-after streets. Situated on the coveted south side of Topeka Drive, where homes rarely become available, this impressive detached home offers over 5,700 square feet of beautifully finished living space, featuring 4+1 bedrooms, a spacious loft, and 4.5 bathrooms. Set on a premium, pool-sized lot backing onto a scenic walking trail, this property offers the perfect blend of privacy, luxury, and family-friendly living. Located on a quiet, mature street lined exclusively with large detached homes, this is a rare opportunity to own one of the neighbourhood's most desirable properties. The thoughtfully designed floor plan features elegant principal rooms, rich hardwood flooring throughout the main and upper levels, and an abundance of natural light. The grand primary Br boasts a spa-inspired 5-piece ensuite and generous walk-in closet. Three additional bedrooms, a versatile loft space, and multiple bathrooms provide ample room for growing families. The finished lower level expands your living space with a large recreation area, an additional bedroom, full bathroom, utility room, and plenty of space for entertaining or multi-generational living. The beautifully maintained exterior showcases exceptional curb appeal with interlock stone walkways and patio, a lush lawn serviced by an underground sprinkler system, and numerous recent updates including a new roof (2021), new garage doors (2022), new eavestroughs and soffits (2018), and garage door openers. Enjoy summer entertaining with a convenient gas BBQ hookup and a backyard that offers endless possibilities. Perfectly positioned within walking distance to highly rated elementary schools and just steps from two neighbourhood parks, this perfectly situated home is close enough to Ridgeway Plaza to enjoy all it has to offer culturally....yet far enough to enjoy your peaceful enclave.

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$1,849,990 - 3296 Topeka Drive, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Churchill Meadows

5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13464788
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Welcome to 3296 Topeka Drive, an exceptional executive residence nestled on one of Churchill Meadows' most sought-after streets. Situated on the coveted south side of Topeka Drive, where homes rarely become available, this impressive detached home offers over 5,700 square feet of beautifully finished living space, featuring 4+1 bedrooms, a spacious loft, and 4.5 bathrooms. Set on a premium, pool-sized lot backing onto a scenic walking trail, this property offers the perfect blend of privacy, luxury, and family-friendly living. Located on a quiet, mature street lined exclusively with large detached homes, this is a rare opportunity to own one of the neighbourhood's most desirable properties. The thoughtfully designed floor plan features elegant principal rooms, rich hardwood flooring throughout the main and upper levels, and an abundance of natural light. The grand primary Br boasts a spa-inspired 5-piece ensuite and generous walk-in closet. Three additional bedrooms, a versatile loft space, and multiple bathrooms provide ample room for growing families. The finished lower level expands your living space with a large recreation area, an additional bedroom, full bathroom, utility room, and plenty of space for entertaining or multi-generational living. The beautifully maintained exterior showcases exceptional curb appeal with interlock stone walkways and patio, a lush lawn serviced by an underground sprinkler system, and numerous recent updates including a new roof (2021), new garage doors (2022), new eavestroughs and soffits (2018), and garage door openers. Enjoy summer entertaining with a convenient gas BBQ hookup and a backyard that offers endless possibilities. Perfectly positioned within walking distance to highly rated elementary schools and just steps from two neighbourhood parks, this perfectly situated home is close enough to Ridgeway Plaza to enjoy all it has to offer culturally....yet far enough to enjoy your peaceful enclave.

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Estimated Payment

$8,183.13/mo

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5-yr fixed avg.

Principal: $1,479,992Interest: $974,947
Mortgage Amount$1,479,992
Total Interest$974,947
Est. Property Tax$1,310/mo
Total Cost$2,454,939

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: Churchill Meadows

Family-Friendly Living in Southwest Mississauga

Churchill Meadows is one of Mississauga's newest and most sought-after neighbourhoods, located in the southwest corner of the city. Developed primarily in the early 2000s, the community features modern homes, excellent schools, expansive parks, and a strong sense of community. With its mix of detached homes, semis, and townhouses, Churchill Meadows offers something for every family stage.

Why Live in Churchill Meadows

  • Modern homes built in the 2000s
  • Top-rated public and Catholic schools
  • Churchill Meadows Community Centre and Library
  • Extensive trail systems and green spaces
  • Easy access to Highway 403 and 407 ETR

Nearby Schools

Churchill Meadows Public SchoolPublic Elementary
Sawmill Valley Public SchoolPublic Elementary
John Fraser Secondary SchoolPublic High School
St. Aloysius Gonzaga Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes along Tenth Line and Winston Churchill
  • Close to Highway 403 and 407 ETR
  • Future Dundas BRT connection
  • 15-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Churchill Meadows Community Centre
  • Churchill Meadows Branch Library
  • Sawmill Valley Trail
  • Frank McKechnie Community Park
  • Multiple neighbourhood playgrounds and splash pads

Lifestyle & Community

Churchill Meadows offers a family-oriented suburban lifestyle with modern amenities. The neighbourhood is known for its safe streets, well-maintained parks, and active community associations that host seasonal events.

38
Walk Score
$900K - $1.6M
Price Range

3296 Topeka Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,310
Insurance (est.)-$385
Net Cash Flow+$2,755

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 $529/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 15 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 5 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.

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    3296 Topeka Drive, Mississauga | $1,849,990 | Battaglia Team