$695,000 - 7201 Triumph Lane, Mississauga
Condo for Sale in Mississauga
Popular ListingNeighbourhood: Lisgar
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- MLS Number
- W13753532
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Executive Townhouse in Sought-After Lisgar Community. Welcome to this beautifully upgraded 3-bedroom, 2-bath executive-style townhouse in the highly desirable Lisgar community. Prime Location! Just steps across the street from a convenient plaza featuring Metro, pharmacy, shops, restaurants, and more! Everyday essentials are right at your doorstep! Thoughtfully updated throughout, this home features new flooring, upgraded bathrooms, and new stainless steel appliances. Potlights throughout create a bright, inviting atmosphere in every room, complemented by California shutters and updated electrical fixtures.The great floorplan layout offers a beautiful, family-sized kitchen overlooking the breakfast area with a walkout to the balcony - perfect for morning coffee or evening relaxation. The combined living and dining room is bright and spacious, anchored by soaring 9' ceilings that enhance the open, airy feel.Retreat to the sun-filled, king-sized primary bedroom, offering abundant natural light and generous storage. Move-in ready and shown to perfection - this home shows true pride of ownership throughout.
Estimate your monthly payments for this property
Estimated Payment
$3,565.71/mo
Includes CMHC insurance ($19,391)
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.
7201 Triumph Lane, 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 $695/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.
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.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,896 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.