$1,500/mo - 5924 Terranova Drive Unit Basement, Mississauga
Semi-Detached for Rent in Mississauga
34 days on marketNeighbourhood: Churchill Meadows
- MLS Number
- W13586396
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
"Available From 1st Sept" New Legal Basement with 1 Bed 1 Bath with Seperate Entrance is for Lease in Highly Demanding Churchil Meadows Area in Mississauga. Located In A Quiet and Family-Friendly Neighbourhood . One Parking is included in the Lease. The Modern Kitchen Boasts Stainless Steel Appliances. Enjoy The Convenience Of Private Ensuite Laundry. Large Window in each Room with Good Ventilation. Sound Insulated for Quiet and Extra Peace. No Carpet in the Unit. Laminated Floor Through Out.. Major Intersection is Britannia Rd W and Tenth line. Very Close to Top Schools , Walk-in Clinics, Bus Stop, Shopping Plazas, Groceries, Restaurants, Banks and Public Transport. Easy Access to 401 & 403 Highway. 30% Utilities of the Property to be Paid by the Tenant. Ideal for a Couple or 2 working Women. No Pets and No smoking.
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.
5924 Terranova Drive Unit Basement, Mississauga
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How this lease stacks up against the local rental market
Estimated Monthly Budget
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'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 34 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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.