6240 Montevideo Road Unit 41, Mississauga

Price: $648,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13483172

Beautifully renovated town home nestled in a desirable pocket of Meadowvale. This unit offers 3 bright & spacious bedrooms and 3 spa-inspired bathrooms. It has also been professionally painted in a neutral designer palette. There is an open concept living and dining area with a walk-out to a large deck & rear gardens. The updated kitchen boasts stainless steel appliances and an eat-in area. The finished lower level adds valuable living space and could be used as a potential in-law suite. Other notable features include low maintenance fees and a full-size garage with private driveway. Conveniently located close to transit, schools, shopping at Meadowvale Town Centre and parks with miles of trails. Fantastic opportunity for a growing family or first time buyers! Welcome Home!

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$648,000 - 6240 Montevideo Road Unit 41, Mississauga

Condo for Sale in Mississauga

Popular Listing

Neighbourhood: Meadowvale

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13483172
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Beautifully renovated town home nestled in a desirable pocket of Meadowvale. This unit offers 3 bright & spacious bedrooms and 3 spa-inspired bathrooms. It has also been professionally painted in a neutral designer palette. There is an open concept living and dining area with a walk-out to a large deck & rear gardens. The updated kitchen boasts stainless steel appliances and an eat-in area. The finished lower level adds valuable living space and could be used as a potential in-law suite. Other notable features include low maintenance fees and a full-size garage with private driveway. Conveniently located close to transit, schools, shopping at Meadowvale Town Centre and parks with miles of trails. Fantastic opportunity for a growing family or first time buyers! Welcome Home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,324.58/mo

Includes CMHC insurance ($18,079)

$
$
5%10%50%

5-yr fixed avg.

Principal: $583,200Interest: $396,094
Mortgage Amount$601,279
Total Interest$396,094
Est. Property Tax$459/mo
Total Cost$997,373

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.

Ready to get pre-approved?

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Neighbourhood Guide: Meadowvale

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

Meadowvale Secondary SchoolPublic High School
St. Martin Secondary SchoolCatholic High School
Meadowvale Village PSPublic Elementary
Blessed Sacrament Catholic SchoolCatholic Elementary

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.

52
Walk Score
$700K - $1.4M
Price Range

6240 Montevideo Road Unit 41, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$459
Insurance (est.)-$135
Net Cash Flow+$1,546

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $540/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.

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.

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 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.

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.

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    6240 Montevideo Road Unit 41, Mississauga | $648,000 | Battaglia Team