$736,000 - 525 NOVO STAR Drive Unit 172, Mississauga
Condo for Sale in Mississauga
40 days on marketNeighbourhood: Meadowvale Village
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- MLS Number
- W13722172
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $4,449
- Maintenance Fees
- $275/mo
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Spacious 3-bedroom, 2-storey condo townhome in the highly sought-after Meadowvale Village community. Functional open-concept layout with laminate flooring on the main level and finished basement. Generous primary bedroom features a 4-piece ensuite with soaker tub and walk-in closet. Finished basement offers additional living space with a recreation area, full 3-piecebathroom and cold cellar-great potential for extended family or in-law use. Low maintenance fees and a convenient location close to schools, parks, public transit, shopping and everyday amenities, with easy access to Highways 401, 407 & 410. Property is being sold in as-is, where-is condition.
Estimate your monthly payments for this property
Estimated Payment
$3,776.06/mo
Includes CMHC insurance ($20,534)
5-yr fixed avg.
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.
Discover Meadowvale Village
Meadowvale Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Meadowvale Village
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Meadowvale Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
525 NOVO STAR Drive Unit 172, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $526/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 40 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.
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 4 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.