5255 Palmetto Place Unit 128, Mississauga

Price: $819,900

3 bedrooms, 4 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W13760584

Absolutely stunning townhouse in the highly sought-after community of Churchill Meadows! This bright and spacious home features beautiful hardwood flooring throughout the main floor and an open-concept living and dining area with a walkout to the fully fenced backyard perfect for entertaining and family gatherings. The functional kitchen offers plenty of cabinetry, generous counter space, and a convenient breakfast bar. Upstairs, you'll find three spacious bedrooms, including a beautiful primary bedroom featuring a 4-piece ensuite and walk-in closet.The finished basement provides additional living space with an open-concept layout and a full bathroom ideal for a recreation room, home office, or guest area.A fantastic opportunity to live in one of Mississauga's most desirable communities, close to schools, parks, shopping, transit, and major highways!

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active

$819,900 - 5255 Palmetto Place Unit 128, Mississauga

Condo for Sale in Mississauga

Popular Listing

Neighbourhood: Churchill Meadows

3Beds
4Baths
1,600Sq Ft
Condo

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Property Details
MLS Number
W13760584
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
3
Bathrooms
4
Square Feet
1,600 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
STONEMILL REALTY INC.
Description

Absolutely stunning townhouse in the highly sought-after community of Churchill Meadows! This bright and spacious home features beautiful hardwood flooring throughout the main floor and an open-concept living and dining area with a walkout to the fully fenced backyard perfect for entertaining and family gatherings. The functional kitchen offers plenty of cabinetry, generous counter space, and a convenient breakfast bar. Upstairs, you'll find three spacious bedrooms, including a beautiful primary bedroom featuring a 4-piece ensuite and walk-in closet.The finished basement provides additional living space with an open-concept layout and a full bathroom ideal for a recreation room, home office, or guest area.A fantastic opportunity to live in one of Mississauga's most desirable communities, close to schools, parks, shopping, transit, and major highways!

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Estimated Payment

$4,206.51/mo

Includes CMHC insurance ($22,875)

$
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5%10%50%

5-yr fixed avg.

Principal: $737,910Interest: $501,168
Mortgage Amount$760,785
Total Interest$501,168
Est. Property Tax$581/mo
Total Cost$1,261,954

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

5255 Palmetto Place Unit 128, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$581
Insurance (est.)-$171
Net Cash Flow+$1,448

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 $512/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. 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 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.

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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    5255 Palmetto Place Unit 128, Mississauga | $819,900 | Battaglia Team