520 Novo Star Drive Unit 10, Mississauga

Price: $729,800

4 bedrooms, 3 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W13839472

Welcome to 520 Novo Star Drive, Unit 10, a beautifully maintained condo townhouse offering over 1,800 sq. ft. of stylish and functional living space in a desirable Meadowvale Village. This spacious home features 3 bedrooms and a thoughtfully designed layout, highlighted by hardwood flooring throughout. The primary suite offers a private retreat with a walk-in closet and a 4-piece ensuite. The versatile ground level includes a bedroom and a cozy family room with a walkout to a private deck overlooking a ravine, creating the perfect space to relax or entertain while enjoying peaceful, natural views. The finished basement provides additional living space, ideal for a recreation room, home office, gym, or play area to suit your family's needs. With low maintenance fees, generous living space, and a prime location close to parks, schools, shopping, transit, and major highways, this move-in-ready home offers the perfect combination of comfort, convenience, and value. Don't miss your opportunity to own this exceptional townhouse in one of Mississauga's sought-after neighbourhoods!

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$729,800 - 520 Novo Star Drive Unit 10, Mississauga

Condo for Sale in Mississauga

Popular Listing

Neighbourhood: Meadowvale

4Beds
3Baths
1,800Sq Ft
Condo

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Property Details
MLS Number
W13839472
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
4
Bathrooms
3
Square Feet
1,800 sqft
Neighbourhood
Mississauga
Taxes (2025)
$4,870
Maintenance Fees
$275/mo
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Welcome to 520 Novo Star Drive, Unit 10, a beautifully maintained condo townhouse offering over 1,800 sq. ft. of stylish and functional living space in a desirable Meadowvale Village. This spacious home features 3 bedrooms and a thoughtfully designed layout, highlighted by hardwood flooring throughout. The primary suite offers a private retreat with a walk-in closet and a 4-piece ensuite. The versatile ground level includes a bedroom and a cozy family room with a walkout to a private deck overlooking a ravine, creating the perfect space to relax or entertain while enjoying peaceful, natural views. The finished basement provides additional living space, ideal for a recreation room, home office, gym, or play area to suit your family's needs. With low maintenance fees, generous living space, and a prime location close to parks, schools, shopping, transit, and major highways, this move-in-ready home offers the perfect combination of comfort, convenience, and value. Don't miss your opportunity to own this exceptional townhouse in one of Mississauga's sought-after neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,744.25/mo

Includes CMHC insurance ($20,361)

$
$
5%10%50%

5-yr fixed avg.

Principal: $656,820Interest: $446,094
Mortgage Amount$677,181
Total Interest$446,094
Est. Property Tax$517/mo
Total Cost$1,123,276

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

520 Novo Star Drive Unit 10, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$275
Property Tax (est.)-$517
Insurance (est.)-$152
Net Cash Flow+$2,856

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 $405/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. The $275/month fees should cover building insurance, common elements, and reserve contributions.

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.

About Meadowvale

I know Meadowvale 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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    520 Novo Star Drive Unit 10, Mississauga | $729,800 | Battaglia Team