7155 Magistrate Terrace Unit 47, Mississauga

Price: $849,000

5 bedrooms, 3 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W13488436

Welcome to one of the largest semi-detached in the 7155 Magistrate Terrace Townhouse complex found in one of Mississauga's most desirable neighborhoods, Meadowvale Village! This stunning semi-detached offers a growing family 1,800 sq. ft. of bright, spacious living indoors and a cozy, intimate, private backyard with a beautiful stone patio. This renovated, freshly painted and well maintained home beams of home pride ownership and is move-in-ready. The main floor showcases 9ft ceiling, oak hardwood flooring, modern LED pot lights and elegant crown molding. She also boasts of smooth ceilings throughout the house; NO popcorn builder ceiling! The upgraded modern kitchen proudly displays stainless steel appliances, corian countertops, a new stylish backsplash, and a double stainless steel sink. The open concept kitchen/dining/living space is ideal for entertaining. As one glides upstairs you'll find 3 comfortable bedrooms. The large primary bedroom has the comforts of a large 4 pc ensuite and a large walk in closet. The fourth bedroom/den is on the ground floor and features a walk out to fully fenced backyard with a beautiful stone patio which was renovated in 2020. This family home ideal for first time buyers, offers unbeatable convenience being just minutes from Highways 401 & 407, Heartland Town Centre, Derrydale Golf Course, Meadowvale GO Station, top rated schools, restaurants,supermarkets, parks and trails. It's a must see, come and sneak a peek!

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$849,000 - 7155 Magistrate Terrace Unit 47, Mississauga

Condo for Sale in Mississauga

Popular Listing

Neighbourhood: Meadowvale Village

5Beds
3Baths
1,800Sq Ft
Condo
Property Details
MLS Number
W13488436
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
5
Bathrooms
3
Square Feet
1,800 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to one of the largest semi-detached in the 7155 Magistrate Terrace Townhouse complex found in one of Mississauga's most desirable neighborhoods, Meadowvale Village! This stunning semi-detached offers a growing family 1,800 sq. ft. of bright, spacious living indoors and a cozy, intimate, private backyard with a beautiful stone patio. This renovated, freshly painted and well maintained home beams of home pride ownership and is move-in-ready. The main floor showcases 9ft ceiling, oak hardwood flooring, modern LED pot lights and elegant crown molding. She also boasts of smooth ceilings throughout the house; NO popcorn builder ceiling! The upgraded modern kitchen proudly displays stainless steel appliances, corian countertops, a new stylish backsplash, and a double stainless steel sink. The open concept kitchen/dining/living space is ideal for entertaining. As one glides upstairs you'll find 3 comfortable bedrooms. The large primary bedroom has the comforts of a large 4 pc ensuite and a large walk in closet. The fourth bedroom/den is on the ground floor and features a walk out to fully fenced backyard with a beautiful stone patio which was renovated in 2020. This family home ideal for first time buyers, offers unbeatable convenience being just minutes from Highways 401 & 407, Heartland Town Centre, Derrydale Golf Course, Meadowvale GO Station, top rated schools, restaurants,supermarkets, parks and trails. It's a must see, come and sneak a peek!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

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5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

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.

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Neighbourhood Guide: Meadowvale Village

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

7155 Magistrate Terrace Unit 47, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$1,170
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$2,252

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 $472/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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

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 Village

I know Meadowvale Village 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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    7155 Magistrate Terrace Unit 47 | $849,000 | Battaglia Team