7214 Triumph Lane, Mississauga

Price: $750,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: New Construction

MLS#: W13213840

Beautifully updated modern townhome showcasing stylish finishes and thoughtful upgrades throughout. Tastefully renovated and professionally painted, this bright and inviting home offers a spacious open-concept layout enhanced by 9-foot ceilings, gleaming laminate flooring on all levels, and numerous pot lights. The upgraded kitchen features ample cabinetry, an eat-in dining area, and a walkout to a private balcony-perfect for morning coffee or outdoor entertaining. Large windows and California shutters fill the home with an abundance of natural light. The generously sized primary bedroom provides a comfortable retreat, while the finished lower level offers a walkout to the patio, creating additional living and entertaining space. Complete with convenient inside access to the garage and an additional driveway parking space, this move-in-ready home is ideally located close to parks, schools, shopping, transit, and major highways.

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$750,000 - 7214 Triumph Lane, Mississauga

New Construction for Sale in Mississauga

Neighbourhood: Lisgar

3Beds
3Baths
1,600Sq Ft
New Construction
Property Details
MLS Number
W13213840
Property Type
New Construction
Status
active
Days on Site
29
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Beautifully updated modern townhome showcasing stylish finishes and thoughtful upgrades throughout. Tastefully renovated and professionally painted, this bright and inviting home offers a spacious open-concept layout enhanced by 9-foot ceilings, gleaming laminate flooring on all levels, and numerous pot lights. The upgraded kitchen features ample cabinetry, an eat-in dining area, and a walkout to a private balcony-perfect for morning coffee or outdoor entertaining. Large windows and California shutters fill the home with an abundance of natural light. The generously sized primary bedroom provides a comfortable retreat, while the finished lower level offers a walkout to the patio, creating additional living and entertaining space. Complete with convenient inside access to the garage and an additional driveway parking space, this move-in-ready home is ideally located close to parks, schools, shopping, transit, and major highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.89/mo

Includes CMHC insurance ($20,925)

$
$
5%10%50%

5-yr fixed avg.

Principal: $675,000Interest: $458,442
Mortgage Amount$695,925
Total Interest$458,442
Est. Property Tax$531/mo
Total Cost$1,154,367

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: Lisgar

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

Lisgar Middle SchoolPublic Middle School
Meadowvale Secondary SchoolPublic High School
St. Joan of Arc CSSCatholic High School
Lisgar Public SchoolPublic Elementary

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.

42
Walk Score
$800K - $1.5M
Price Range

7214 Triumph Lane, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,113

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 $469/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 29 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.

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 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.

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    7214 Triumph Lane, Mississauga | $750,000 | Battaglia Team