$779,999 - 7155 Magistrate Terrace Unit 154, Mississauga
Condo for Sale in Mississauga
41 days on marketNeighbourhood: Meadowvale Village
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- MLS Number
- W13716806
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Mississauga
- Taxes (2025)
- $5,113
- Maintenance Fees
- $180/mo
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- HOME AND BUSINESS REALTY
Semi-detached bright corner condo unit, features 9 ft ceilings, open-concept living / dining area, pot lights, quartz countertops & backsplash, stainless steel appliances. The second floor has three bedrooms, with the primary suite offering a 3-piece ensuite, along with an additional full bathroom. The walkout basement has direct access to the fully fenced backyard. The house has a garage entry into the home and a second backyard access point through the garage. Perfectly situated close to major highways, shopping, GO Station, and Heartland Town Centre. The home is also within the boundaries of top-rated schools such as St. Marcellinus SS, Levi Creek French Immersion, David Leeder MS, and Derry West PS. The house is currently tenanted. Newer furnace 2023, and The roof was replaced in 2018.
Estimate your monthly payments for this property
Estimated Payment
$4,001.80/mo
Includes CMHC insurance ($21,762)
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.
Discover Meadowvale Village
Meadowvale Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Meadowvale Village
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Meadowvale Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
7155 Magistrate Terrace Unit 154, 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 $433/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.
Market Position
At 41 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.
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 $180/month fees should cover building insurance, common elements, and reserve contributions.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
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.