$999,900 - 5261 Palmetto Place, Mississauga
Townhouse for Sale in Mississauga
Neighbourhood: Churchill Meadows
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- W13788828
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $6,516
- Listing Brokerage
- HOUSESIGMA INC.
Welcome to 5261 Palmetto Place. A beautiful end-unit townhouse that feels like a semi, sitting on a premium lot on a quiet street in Churchill Meadows, with a fully finished basement apartment with a builder-installed separate side entrance, second kitchen and its own laundry, currently rented for $1,400 a month. Freehold, no fees, Greenpark-built. Carpet-free top to bottom with newer flooring, oak stairs, and an open-concept main floor that's bright and spacious, with main floor laundry of its own so upstairs and downstairs never share. All bathrooms recently renovated; new kitchen and foyer tile, granite countertops, new front door and new garage door, all done in 2022. New A/C in 2023. New roof completed May 2026. Freshly painted. Outside, professional landscaping and interlock stone lead to a fully fenced yard, and the extended driveway can park 3 cars. Excellent school district with St. Bernard of Clairvaux Catholic Elementary and St. Francis Xavier Secondary. Minutes to Erin Mills, shops, restaurants, and all major highways.
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
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.
5261 Palmetto Place, Mississauga
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $667/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 22 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Mississauga have shown strong appreciation as families seek more space.
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.