5624 Freshwater Drive, Mississauga, ON
Churchill Meadows, Mississauga · MLS® W13799632
About this home
In short
- Location, Location, Location.
- Ideally situated facinggreen space and a school, this bright and welcoming home features 9-foot ceilings, hardwood flooring throughout, convenient garage access,and...
- Enjoy an open-concept layout accented with decorative columns and elegant crown moulding on the main floor.
- Theprofessionally finished basement provides additional living space, while the backyard patio deck offers the perfect setting for outdoorentertaining.
Location, Location, Location! Beautiful semi-detached home in the highly sought-after Churchill Meadows community. Ideally situated facinggreen space and a school, this bright and welcoming home features 9-foot ceilings, hardwood flooring throughout, convenient garage access,and main floor laundry. Enjoy an open-concept layout accented with decorative columns and elegant crown moulding on the main floor. Theprofessionally finished basement provides additional living space, while the backyard patio deck offers the perfect setting for outdoorentertaining. Spacious, stylish, and move-in ready! List of Schools and Amenities is attached.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13799632
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 22.47 × 114.11 ft
- Cross streets
- Tenth Line & Thomas
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,945 / 2026
- Days on market
- 4
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
ceramic floor · modern kitchen · eat-in kitchen
closet · wood · closet
wood · open concept · combined w/dining
wood · open concept · combined w/living
walk-in closet(s) · 4 pc ensuite · wood
laminate · pot lights
laminate · pot lights · window
laminate · pot lights
ceramic floor · double closet · 2 pc bath
closet · wood · closet
ceramic floor · breakfast bar · w/o to yard
Listed at $989,000. Going by how homes in Churchill Meadows and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $972K, if it sells. A realistic range is $910K to $1.09M.
Independent value check: $905K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $848K and $948K).
Why $905K. The typical semi-detached home sold in Churchill Meadows over the past year went for about $955K (114 sales). What sets this one apart:
- ▼ Lowers it slightly3 bedrooms and 3 baths, against 3+1 and 4 typically.
Total price vs nearby homes. Likely closing about $972K, from 28 recent closings in this pocket.
The market behind the math:
About 1.6 months of inventory: 15 semi-detached homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $565/sqft against an area asking average of $599/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $928K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($565/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 28 comparable homes that sold in Churchill Meadows over the past two years, from 201 closings there.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $542/sqft; this home lists at $565/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Churchill Meadows, Mississauga, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $791,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,331
- Property tax
- $495
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,826
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,255
- Estimated closing costs
- $16,255
Plus your down payment of $197,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $259,849
- Principal paid down
- $97,826
- Interest paid
- $162,023
- Balance remaining
- $693,374
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Churchill Meadows (47 of 302 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 158 whole-home leases in Churchill Meadows signed at a median of $3,461 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,371. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.