525 Novo Star Drive Unit 60, Mississauga

Price: $3,199

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13747440

Great Location Lovely Townhouse In High Demand Area. Pleasing View Onto Ravine + Balcony. Nestled In A Well Maintained Complex With Private Park. Eat-In Kitchen With W/O To Balcony. 3 Spacious Bedrooms And Office Area. Minutes To 401,407, Heartland, Library, Schools, Bank, Walk-In Clinic, And Much More.

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$3,199/mo - 525 Novo Star Drive Unit 60, Mississauga

Condo for Rent in Mississauga

33 days on market

Neighbourhood: Meadowvale Village

3Beds
3Baths
1,400Sq Ft
Condo

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Property Details
MLS Number
W13747440
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
ROYAL CANADIAN REALTY
Description

Great Location Lovely Townhouse In High Demand Area. Pleasing View Onto Ravine + Balcony. Nestled In A Well Maintained Complex With Private Park. Eat-In Kitchen With W/O To Balcony. 3 Spacious Bedrooms And Office Area. Minutes To 401,407, Heartland, Library, Schools, Bank, Walk-In Clinic, And Much More.

Neighbourhood Guide: Meadowvale Village

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

525 Novo Star Drive Unit 60, Mississauga

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,199/mo
≈ At typical 3-bed market rent
Annual Rent Cost
$38,388
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,199/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$3,379/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fairly Priced Rental

At $3,199/mo, this is in line with typical 3-bedroom rents in Mississauga (~$3,500/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.

Market Position

At 33 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. We'll want to verify the monthly fees and what they include.

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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    525 Novo Star Drive Unit 60, Mississauga | $3,199 | Battaglia Team