5435 Richmeadow Mews Unit Basement, Mississauga

Price: $1,500

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: W13595430

**Gorgeous Newer Legal Basement Apartment with Legal Separate Entrance in a Semi-Detached Home, First Offered in July 2025!** Located in a highly sought-after Mississauganeighbourhood, close to Square One and excellent schools. This bright and modern apartmentfeatures a functional open-concept layout with a spacious living/dining area and acontemporary kitchen boasting granite countertops, brand-new cooking range, range hood andrefrigerator. Enjoy the convenience of **Exclusive in-suite Washer and Dryer-NO Sharing!**Additional features include pot lights throughout, durable vinyl flooring, and one exclusiveprivate driveway parking spot.Ideally located close to major highways including the 403 and 401, Heartland Town Centre,grocery stores including Sabzi Mandi, Oceans Supermarket and Walmart, parks, Square One andgolf courses. Walking distance to Barondale Elementary School, Bristol Road Middle School andSt. Francis Xavier Secondary School. **30% of utilities (hydro, gas, water and hot water tankrental) payable by the tenant.** Professionally cleaned and ready for occupancy by 20 Aug2026. A wonderful opportunity to rent a newer, well-maintained legal basement apartment in aconvenient and family-friendly Mississauga location!

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$1,500/mo - 5435 Richmeadow Mews Unit Basement, Mississauga

Semi-Detached for Rent in Mississauga

32 days on market

Neighbourhood: Hurontario

1Beds
1Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
W13595430
Property Type
Semi-Detached
Status
active
Days on Site
32
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Description

**Gorgeous Newer Legal Basement Apartment with Legal Separate Entrance in a Semi-Detached Home, First Offered in July 2025!** Located in a highly sought-after Mississauganeighbourhood, close to Square One and excellent schools. This bright and modern apartmentfeatures a functional open-concept layout with a spacious living/dining area and acontemporary kitchen boasting granite countertops, brand-new cooking range, range hood andrefrigerator. Enjoy the convenience of **Exclusive in-suite Washer and Dryer-NO Sharing!**Additional features include pot lights throughout, durable vinyl flooring, and one exclusiveprivate driveway parking spot.Ideally located close to major highways including the 403 and 401, Heartland Town Centre,grocery stores including Sabzi Mandi, Oceans Supermarket and Walmart, parks, Square One andgolf courses. Walking distance to Barondale Elementary School, Bristol Road Middle School andSt. Francis Xavier Secondary School. **30% of utilities (hydro, gas, water and hot water tankrental) payable by the tenant.** Professionally cleaned and ready for occupancy by 20 Aug2026. A wonderful opportunity to rent a newer, well-maintained legal basement apartment in aconvenient and family-friendly Mississauga location!

Neighbourhood Guide: Hurontario

Discover Hurontario

Hurontario 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 Hurontario

  • 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

Hurontario 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

5435 Richmeadow Mews Unit Basement, Mississauga

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$1,500/mo
↓ Below typical 1-bed market rent
Annual Rent Cost
$18,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$1,500/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$1,630/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

Competitive Rent

At $1,500/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in Mississauga. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Market Position

At 32 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.

Detached Home Advantages

Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Hurontario

I know Hurontario 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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    5435 Richmeadow Mews Unit Basement | $1,500 | Battaglia Team