$819,900 - 7131 Chatham Court, Mississauga
Townhouse for Sale in Mississauga
97 days on marketNeighbourhood: Lisgar
- MLS Number
- W12943416
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 97
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Lovely 3-bedroom Townhome in the very desirable Lisgar Neighbourhood and freshly painted throughout. The open concept main floor layout features a spacious kitchen complete with new quartz countertops, a matching backsplash and stainless steel appliances all overlooking the Family size Dining and Living room which boasts a walk out to the deck. The upper level features 3 spacious bedrooms and a full 4 pc bathroom. The lower level Family room walks out to a fully fenced backyard, perfect for outdoor entertaining .Other features include direct entrance from garage and basement laundry and storage area as well as visitor parking. Just steps from Lisgar GO Station, shopping centers, and easy access to major highways, POTL fee of just $95.00
Estimate your monthly payments for this property
Estimated Payment
$4,206.51/mo
Includes CMHC insurance ($22,875)
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.
Modern Living in Nature's Embrace
Lisgar is a newer, master-planned community in northwest Mississauga, developed primarily in the 1990s and 2000s. The neighbourhood features modern homes, extensive parks, and excellent schools. Lisgar offers a suburban lifestyle with convenient access to highways and the new developments along the 401 corridor.
Why Live in Lisgar
- •Newer homes in modern designs
- •Extensive parks and green spaces
- •Top-rated schools
- •Highway 401 and 407 access
- •Growing retail and services
Nearby Schools
Transit & Commuting
- •MiWay bus connections
- •Close to Highway 401 and 407 ETR
- •Lisgar GO Station (proposed)
- •10-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Lisgar Park
- •Churchill Meadows Community Centre
- •Multiple sports fields and playgrounds
- •Retail plazas along Britannia Road
- •Proximity to outlet malls
Lifestyle & Community
Lisgar offers modern suburban living with excellent amenities. The neighbourhood is perfect for families seeking newer homes and easy highway access.
7131 Chatham Court, 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 $547/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.
Negotiation Opportunity
At 97 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Mississauga have shown strong appreciation as families seek more space.
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 Lisgar
I know Lisgar 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.