$949,000 - 5561 Katy Gate, Mississauga
Detached for Sale in Mississauga
Popular ListingNeighbourhood: Churchill Meadows
- MLS Number
- W13477656
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 2,392 sqft
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
This property offers an exceptional opportunity for families, professionals, or savvy investors looking to own a home in a premium neighborhood with desirable schools. Located in the highly sought-after Churchill Meadows (40+acre) Planned Community of Mississauga built by Forest Green Homes. This 3-bedroom link home (attached only by the garage) features a family-friendly, open-concept main floor layout and a fully finished lower level. Key Property Features Bright & Airy Layout: Large windows flood the open-concept living and dining areas with abundant natural light. Main Floor: Boasts 9-foot ceilings, classic flooring, and a functional kitchen with ample storage, stainless steel appliances, and a seamless walkout to a cozy backyard patio. Spacious Upper Level: Features three generously sized bedrooms, including a primary retreat equipped with a private 4 pc. ensuite bath/shower, plus a dedicated computer alcove. Versatile Lower Level: A fully finished, multi-functional basement with above-grade windows, serving perfectly as a recreation room, family area, or home office. Basement Conveniences: Includes a laundry room, storage room, cold room/cantina, and a two-piece washroom. Accessibility & Parking: Features a convenient side-door entrance leading directly to both the main floor and lower level. Includes a 10' x 20' single-car attached garage plus an additional driveway parking spot. Outdoor Living: Sit back and relax on a landscaped lot featuring a private, fully fenced backyard that is ideal for summer entertaining. Showing Information: Showings are available on Saturdays only, by appointment, between 11:00 AM and 2:00 PM.
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
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.
5561 Katy Gate, 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
Fair Market Value
At $863/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
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.
About Churchill Meadows
I know Churchill Meadows 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.