$686,000 - 5536 Montevideo Road Unit 51, Mississauga
Condo for Sale in Mississauga
New — Listed todayNeighbourhood: Meadowvale
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- MLS Number
- W13873300
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $3,862
- Maintenance Fees
- $453/mo
- Locker
- Ensuite
- Exposure
- North South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Move in and enjoy roughly $150,000 worth of thoughtfully selected upgrades. New roof - October 2026. All interior roads and driveways sealed - October 2026. Welcome to the heart of Meadowvale, a beloved family friendly community popular amongst outdoor enthusiasts. This timeless 2 story 3 bedroom home offers the perfect blend of luxury, comfort and functionality - perfect for young or mature buyers alike. This home must be seen in person to fully appreciate the extensive list of upgrades (complete list attached). Some of the highlights include durable wide-plank flooring and baseboards (2023 & 2024), Custom Kitchen Cabinetry (2023) with soft close doors, build in pantry and spice rack, lazy-susan for easy access storage, built-in waste and recycling, adjustable shelving, an assortment of under-cabinet and dimmable lighting options. Stainless Steel Fridge, Dishwasher, SS Gas Stove, SS Rangehood. All windows have all been upgraded out-of-pocket by the owner, ahead of the maintenance schedule within the community. New Interior Doors & Hardware Throughout, New Casement Around Windows & Doors, Custom Window Coverings Throughout, Upgraded Lighting, Freshly Painted in Neutrals, New Bathrooms (2024). The finished basement expands your living space with the comfort of a fireplace, wet bar, Bose surround sound system, new carpet (2026), new ceiling and lighting (2026). Upgraded storm door, New exterior light, mailbox and house number. Your professionally landscaped backyard patio and gardens offer a welcoming outdoor retreat for relaxing or entertaining. Ideally located close to parks, trails, outdoor baseball diamond, tennis courts, Lake Aquitaine, Lake Wabukayne, schools, shopping, Meadowvale Town Centre, transit, Meadowvale Community Centre, Meadowvale Ice Rinks, 401/410/407. Sorry - No Open Houses. Book your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$3,519.54/mo
Includes CMHC insurance ($19,139)
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 51, 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 $572/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 $453/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 Meadowvale
I know Meadowvale 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.