$739,900 - 5536 Montevideo Road Unit 4, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Meadowvale
- MLS Number
- W13545158
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Mississauga
- Locker
- Ensuite
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ACE REALTY INC.
Welcome to this beautifully maintained 3+1 bedroom home offers the perfect blend of space, comfort, and everyday practicality. Very well maintained and move-in ready, the interior welcomes you with a bright, clean feel and a functional layout that suits both busy family life and relaxed entertaining. The beautiful kitchen serves as the heart of the home, featuring ample cabinetry, delivering a modern, durable space that effortlessly handles everything from quick breakfasts to weekend hosting. With 3 bathrooms, including 2 full, morning routines are streamlined, while the three well-sized bedrooms provide flexibility for growing families. The finished basement adds valuable extra living space, ideal for movie nights, a home gym, or a kids' retreat. Outside, the maintenance-free backyard offers a private, low-effort setting to unwind or entertain without the upkeep. Located in a family-friendly neighborhood, you're just moments from parks, schools, and scenic walking trails, making day-to-day living both convenient and enjoyable. With low condo fees helping to keep monthly costs in check, this home delivers a well-rounded opportunity that combines thoughtful updates, functional space, and a location that truly supports modern family living. ***Please note seller agrees to change damaged stove glass top.****
Estimate your monthly payments for this property
Estimated Payment
$3,796.07/mo
Includes CMHC insurance ($20,643)
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.
Master-Planned Community Excellence
Meadowvale is one of Canada's first and most successful master-planned communities. Developed in the 1970s and 80s, the neighbourhood was designed with abundant green space, excellent schools, and a balanced mix of housing types. Today, Meadowvale remains a popular choice for families seeking affordability without sacrificing quality of life.
Why Live in Meadowvale
- •Extensive parks and trail system
- •Top-rated schools including Meadowvale Secondary
- •Diverse, multicultural community
- •Convenient shopping and services
- •Strong value proposition for families
Nearby Schools
Transit & Commuting
- •Meadowvale GO Station
- •Multiple MiWay bus routes
- •Close to Highway 401 and 403
- •15-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Meadowvale Town Centre
- •Iceland Arena
- •Meadowvale Community Centre
- •Extensive trail network
- •Multiple shopping plazas
Lifestyle & Community
Meadowvale offers excellent value with comprehensive community amenities. The neighbourhood is ideal for families seeking good schools, safe streets, and plenty of recreational opportunities.
5536 Montevideo Road Unit 4, 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 $529/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 19 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.
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 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.