3375 Thomas Street Unit 3,4, Mississauga

Price: $1,175,000

3 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: New Construction

MLS#: W13457580

END YOUR COMMUTE! RARE LIVE/WORK SPACE IN MISSISSAUGA. Tired of the daily drive? This unique live/work unit offers the perfect opportunity for professionals, entrepreneurs, and business owners who want to run their business and live in the same space or rent out upstair for additional income. Ideal for health professionals, lawyers, accountants, administrative offices, or any profession needing office space with the convenience of a home nearby, this property eliminates the need for a separate lease while providing a professional and private work environment with a RESIDENTIAL MORTGAGE. RESIDENTIAL SPACE: Spanning two levels, the spacious three-bedroom plus den condo townhouse offers comfortable living with three well-appointed bathrooms and two private balconies that provide outdoor space and a place to unwind. Large windows allow natural light to flood the space, creating a bright and airy atmosphere. Whether you choose to live here or rent it out, the flexibility of this setup makes it a smart investment. Opportunity for a residential mortgage adds even more appeal. COMMERCIAL SPACE: The ground and lower levels are currently set up as a clinic, making them ideal for a retail business, office use, or a medical facility. Two separate entrances allow for smooth business operations and easy client access. The space includes ample storage, two bathrooms, and extra owned designated parking spaces, ensuring convenience for both business owners and customers. With visibility from Thomas Street, the unit offers a great balance of exposure and privacy. PRIME LOCATION: Located in a highly desirable area of Mississauga, this property is close to a variety of amenities and offers excellent highway access, making it convenient for both business and personal needs. Whether youre looking to streamline your work-life balance or invest in a versatile property with income potential, this rare live/work space is a fantastic opportunity. Dont miss out, schedule a viewing today!

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$1,175,000 - 3375 Thomas Street Unit 3,4, Mississauga

New Construction for Sale in Mississauga

Neighbourhood: Churchill Meadows

3Beds
5Baths
2,000 - 2,499Sq Ft
New Construction
Property Details
MLS Number
W13457580
Property Type
New Construction
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX REALTY ENTERPRISES INC.
Description

END YOUR COMMUTE! RARE LIVE/WORK SPACE IN MISSISSAUGA. Tired of the daily drive? This unique live/work unit offers the perfect opportunity for professionals, entrepreneurs, and business owners who want to run their business and live in the same space or rent out upstair for additional income. Ideal for health professionals, lawyers, accountants, administrative offices, or any profession needing office space with the convenience of a home nearby, this property eliminates the need for a separate lease while providing a professional and private work environment with a RESIDENTIAL MORTGAGE. RESIDENTIAL SPACE: Spanning two levels, the spacious three-bedroom plus den condo townhouse offers comfortable living with three well-appointed bathrooms and two private balconies that provide outdoor space and a place to unwind. Large windows allow natural light to flood the space, creating a bright and airy atmosphere. Whether you choose to live here or rent it out, the flexibility of this setup makes it a smart investment. Opportunity for a residential mortgage adds even more appeal. COMMERCIAL SPACE: The ground and lower levels are currently set up as a clinic, making them ideal for a retail business, office use, or a medical facility. Two separate entrances allow for smooth business operations and easy client access. The space includes ample storage, two bathrooms, and extra owned designated parking spaces, ensuring convenience for both business owners and customers. With visibility from Thomas Street, the unit offers a great balance of exposure and privacy. PRIME LOCATION: Located in a highly desirable area of Mississauga, this property is close to a variety of amenities and offers excellent highway access, making it convenient for both business and personal needs. Whether youre looking to streamline your work-life balance or invest in a versatile property with income potential, this rare live/work space is a fantastic opportunity. Dont miss out, schedule a viewing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,197.42/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $940,000Interest: $619,226
Mortgage Amount$940,000
Total Interest$619,226
Est. Property Tax$832/mo
Total Cost$1,559,226

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

3375 Thomas Street Unit 3,4, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$832
Insurance (est.)-$245
Net Cash Flow+$1,823

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 $588/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 20 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.

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 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.

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 Churchill Meadows

I know Churchill Meadows 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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    3375 Thomas Street Unit 3,4, Mississauga | $1,175,000 | Battaglia Team