$689,999 - 5536 Montevideo Road Unit 44, Mississauga
Condo for Sale in Mississauga
New — Listed yesterdayNeighbourhood: Meadowvale
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- MLS Number
- W13814046
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX SUCCESS REALTY
Spacious Bright & Beautiful 4 + 1 Bedroom Townhouse In High Demand Area of Meadowvale! 4 Spacious Bedrooms - 3 On Upper Level and 1 Situated on the Main Floor; Could be Potentially Used as Home-Office Space. Finished Basement w/ 3pc Washroom and 1 Bedroom. Recently Renovated! Walk-Out to Balcony from Kitchen - View of Park. Living and Dining Combined with Walk-Out to Yard. Primary Bedroom Features His & Hers Closets. 2nd and 3rd Bedrooms are Generously Sized. Perfect Home For Large Families, First Home Buyers or Investors. Facing Park & Visitor Parking Directly Across and Beside Unit. Steps Away from Public Transit, Meadowvale GO, Meadowvale Town Centre, Parks/Trails, Schools. Close to Hwys (401/407). Water Included in Maintenance Fees. Priced to Sell!!
Estimate your monthly payments for this property
Estimated Payment
$3,540.05/mo
Includes CMHC insurance ($19,251)
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 44, 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 $575/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. We'll want to verify the monthly fees and what they include.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
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.