3437 Park Heights Way, Mississauga, ON

Churchill Meadows, Mississauga · MLS® W13800682

$1,249,000
For Sale
Listed 3 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this exceptional semi-detached home in the highly sought-after Churchill Meadows community.
  • With over $200K in extensive, premium renovations, this home offers a perfect balance of modern luxury and functional living, with high-end finishes throughout.
  • You're welcomed by a grand foyer that leads into the spacious, open-concept main floor, featuring high ceilings that create a bright and airy atmosphere.
  • The finished basement is beautifully designed with high-end finishes, ideal for a home theatre, office, or additional living space.
  • Private backyard backs onto a serene forested area.

Welcome to this exceptional semi-detached home in the highly sought-after Churchill Meadows community. With over $200K in extensive, premium renovations, this home offers a perfect balance of modern luxury and functional living, with high-end finishes throughout. You're welcomed by a grand foyer that leads into the spacious, open-concept main floor, featuring high ceilings that create a bright and airy atmosphere. The unique family room, positioned just below the second floor, can easily be transformed into a 4th bedroom, den, or playroom, providing endless possibilities for any lifestyle. The chef-inspired kitchen is equipped with high-end appliances and sleek cabinetry, perfect for both cooking and entertaining. This home is fully equipped with smart-controlled shutters, thermostat, door lock, and a security system. The primary suite is a true retreat, complete with a custom walk-in closet and a luxurious ensuite bathroom. The finished basement is beautifully designed with high-end finishes, ideal for a home theatre, office, or additional living space. Private backyard backs onto a serene forested area. In-ground sprinkler system. This home features 200-amp electrical service, with easy installation capability for an electric car charger. Don't miss out on this incredible opportunity to own a luxurious, fully renovated home in one of Mississaugas most desirable neighbourhoods.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13800682
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
27.66 × 91.8 ft
Cross streets
Thomas/Oscar Peterson
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,586 / 2025
Days on market
3
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

BreakfastGround3.66 × 3.29 m

ceramic floor · eat-in kitchen · stainless steel appl

Family RoomIn Between3.66 × 3.09 m

broadloom · fireplace · large window

KitchenGround3.60 × 3.00 m

ceramic floor · breakfast bar · w/o to patio

Bedroom 2Second3.35 × 3.00 m

broadloom · closet · large window

Bedroom 3Second3.00 × 3.05 m

broadloom · closet · window

Primary BedroomSecond5.00 × 3.36 m

broadloom · ensuite bath · walk-in closet(s)

Living RoomGround6.70 × 3.35 m

combined w/dining · laminate · large window

Dining RoomGround6.70 × 3.35 m

combined w/living · laminate · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.23Mlikely sale price

Listed at $1,249,000. 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 $1.23M, if it sells. A realistic range is $1.15M to $1.38M.

Independent value check: $1.01M. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $944K and $1.06M).

Why $1.01M. The typical semi-detached home sold in Churchill Meadows over the past year went for about $955K (114 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $6,586 a year; the typical home sold here pays about $5,900.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$1.15MBelow recent closings$1.38MAbove recent closings

Total price vs nearby homes. Likely closing about $1.23M, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$960Kmedian sold price
99%of asking, on average
−7%prices vs a year ago
~19 dayshomes like this take to sell
3days on market so far
$3,468/moest. rent · 167 leases
3.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $714/sqft against an area asking average of $589/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 $1.02M. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 28 comparable homes that sold in Churchill Meadows over the past two years, from 201 closings there.

What sellers nearby are askingCurrently listed nearby in Churchill Meadows · asking prices
$964kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $1.01M, which is where my estimate comes from.

Per square foot, these ask about $551/sqft; this home lists at $714/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.25MThis home1000k935k989k950k945kThis home vs active comparables

Neighbourhood & location

Churchill Meadows, Mississauga, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Central Erin Mills
$949K
Meadowvale
$906K
Lisgar
$898K
Erin Mills
$933K
East Credit
$960K

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

Affordability
$5,693/mo
$238KIncome needed
5.3×Price ÷ income
$1,314Weekly cost
$21,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $5,693Property tax $549Total carry $6,241

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,469per month

Mortgage amount $999,200 · 4.39% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$6,018Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,469
Property tax
$549
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,018

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$21,455
Estimated closing costs
$21,455

Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,626/monthPayment at the qualifying rate

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

$641,609Total interest paid
$1,640,809Total of all payments
Principal $999,200 Interest $641,609
YearPrincipalInterestBalance
1$22,611$43,022$976,589
2$23,614$42,018$952,975
3$24,662$40,970$928,313
4$25,757$39,876$902,556
5$26,900$38,732$875,656
6$28,094$37,539$847,563
7$29,341$36,292$818,222
8$30,643$34,990$787,579
9$32,003$33,630$755,576
10$33,423$32,209$722,153
11$34,906$30,726$687,247
12$36,456$29,177$650,791
13$38,074$27,559$612,717
14$39,763$25,869$572,954
15$41,528$24,104$531,426
16$43,371$22,261$488,054
17$45,296$20,336$442,758
18$47,307$18,326$395,452
19$49,406$16,226$346,045
20$51,599$14,034$294,447
21$53,889$11,743$240,558
22$56,281$9,352$184,277
23$58,778$6,854$125,499
24$61,387$4,245$64,112
25$64,112$1,521$0

At the end of your 5-year term

Total paid over the term
$328,162
Principal paid down
$123,544
Interest paid
$204,618
Balance remaining
$875,656

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.

Let's connect

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

Rental yield
From 167 whole-home leases in Churchill Meadows$3,468/mo
$41,616Gross annual rent
2.3%Cap rate after taxes and upkeep
$3,252 to $3,662Typical rent range
~23 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 167 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 $3,468. 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.

3.3%
Gross yield
− Property tax $6,586− Insurance $1,400− Vacancy & upkeep $4,578Net operating income $29,052

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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