$869,000 - 5255 Palmetto Place Unit 155, Mississauga
Condo for Sale in Mississauga
New — Listed 2 days agoNeighbourhood: Churchill Meadows
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- MLS Number
- W13856310
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,800 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $5,100
- Maintenance Fees
- $378/mo
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- REALTY WEALTH GROUP INC.
Welcome to this spacious and beautifully maintained townhouse in the highly sought-after Churchill Meadows community of Mississauga! Offering approximately 1,900 sq. ft. of living space this home features 3 bedrooms, 3 bathrooms, and a fully finished basement with one bedroom and 3-piece bath. The main floor offers a bright, functional layout with combined living and dining areas, perfect for entertaining. The modern kitchen features built-in stainless-steel appliances and a convenient breakfast area overlooking the backyard. Upstairs, the spacious primary bedroom offers a comfortable retreat with a private 3-piece ensuite, while two additional bedrooms are served by a separate 3-piece bathroom. All rooms have hardwood flooring. The finished basement provides valuable additional living space, including an extra room and a 3-piece bathroom-ideal for a home office, guest suite, recreation area, or growing family. Enjoy the convenience of 1-car garage parking plus 1 additional driveway parking space. Ideally located close to top-rated schools, shopping centers, parks, restaurants, transit, and major amenities. Enjoy everything Churchill Meadows has to offer in this wonderful family-friendly neighborhoods. A fantastic opportunity to own a spacious townhouse in a prime Mississauga location!
Estimate your monthly payments for this property
Estimated Payment
$4,458.42/mo
Includes CMHC insurance ($24,245)
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.
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
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.
5255 Palmetto Place Unit 155, 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 $483/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $378/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.