5532 Meadowcrest Avenue, Mississauga, ON

Churchill Meadows, Mississauga · MLS® W13806770

$999,998
For Sale
Listed 1 day agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Gorgeous 3-bedroom, 4-bathroom semi-detached home built by Greenpark in the prestigious Churchill Meadows neighbourhood.
  • This well-maintained home features 9-ft ceilings on the main floor, pot lights, newer flooring, fresh paint, and a fully finished basement.
  • The spacious primary bedroom offers a luxurious 5-piece ensuite.
  • Ideally located just steps from the highly regarded Stephen Lewis Secondary School and close to parks, shopping, transit, and other amenities.

Gorgeous 3-bedroom, 4-bathroom semi-detached home built by Greenpark in the prestigious Churchill Meadows neighbourhood. This well-maintained home features 9-ft ceilings on the main floor, pot lights, newer flooring, fresh paint, and a fully finished basement.The spacious primary bedroom offers a luxurious 5-piece ensuite. The kitchen and all bathrooms feature elegant granite countertops. Oak staircase with iron pickets adds a stylish touch, with convenient direct entry to the home from the garage.Walk out from the main level to the backyard, perfect for outdoor enjoyment. Ideally located just steps from the highly regarded Stephen Lewis Secondary School and close to parks, shopping, transit, and other amenities.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13806770
Bedrooms
3
Bathrooms
4 (2 half)
Size
1500-2000 sq ft
Lot
24.61 × 88.58 ft
Cross streets
Tenth Line/Thomas Street
Parking
1 garage · 3 parking (built-in)
Driveway
Mutual
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$6,531 / 2026
Days on market
1
Listing brokerage
HOME AND BUSINESS REALTY

Rooms

BreakfastMain2.74 × 2.31 m

tile floor · combined w/kitchen · w/o to yard

Dining RoomMain6.12 × 3.04 m

hardwood floor · combined w/dining · large window

Primary BedroomSecond5.77 × 3.96 m

laminate · 5 pc ensuite · walk-in closet(s)

KitchenMain2.77 × 2.68 m

tile floor · granite counters · stainless steel appl

Bedroom 3Second3.04 × 2.86 m

laminate · large window · large closet

Bedroom 2Second3.87 × 2.92 m

laminate · large window · large closet

Living RoomMain6.12 × 3.04 m

hardwood floor · combined w/dining · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$982Klikely sale price

Listed at $999,998. 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 $982K, if it sells. A realistic range is $920K to $1.11M.

Independent value check: $955K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $894K and $1.00M).

Why $955K. 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 $6,531 a year; the typical home sold here pays about $5,900.
List price
$920KBelow recent closings$1.11MAbove recent closings

Total price vs nearby homes. Likely closing about $982K, 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
1days on market so far
$3,448/moest. rent · 10 leases
4.1%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 $571/sqft against an area asking average of $598/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 $955K. 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 5 homes sold on this street over the past two years, from 201 closings in Churchill Meadows.

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
Erin Mills
$933K
Lisgar
$898K
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
$4,558/mo
$195KIncome needed
5.1×Price ÷ income
$1,052Weekly cost
$16,475Land 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.

89%mortgage
Mortgage $4,558Property tax $544Total carry $5,102

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)
$4,379per month

Mortgage amount $799,998 · 4.39% over 25 years

$200,000Down payment (20.0%)
$799,998Loan before insurance
$0CMHC premium
$4,923Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,379
Property tax
$544
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,923

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

One-time closing costs

Ontario land transfer tax
$16,475
Estimated closing costs
$16,475

Plus your down payment of $200,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,305/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

$513,697Total interest paid
$1,313,696Total of all payments
Principal $799,998 Interest $513,697
YearPrincipalInterestBalance
1$18,103$34,445$781,895
2$18,906$33,641$762,989
3$19,746$32,802$743,243
4$20,622$31,926$722,622
5$21,537$31,011$701,085
6$22,493$30,055$678,592
7$23,491$29,057$655,100
8$24,534$28,014$630,567
9$25,623$26,925$604,944
10$26,760$25,788$578,184
11$27,948$24,600$550,236
12$29,188$23,360$521,049
13$30,483$22,065$490,565
14$31,836$20,712$458,729
15$33,249$19,299$425,480
16$34,725$17,823$390,755
17$36,266$16,282$354,489
18$37,875$14,672$316,614
19$39,556$12,991$277,057
20$41,312$11,236$235,745
21$43,146$9,402$192,600
22$45,060$7,487$147,539
23$47,060$5,488$100,479
24$49,149$3,399$51,330
25$51,330$1,218$0

At the end of your 5-year term

Total paid over the term
$262,739
Principal paid down
$98,914
Interest paid
$163,825
Balance remaining
$701,085

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 10 whole-home leases in Churchill Meadows$3,448/mo
$41,376Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,172 to $3,724Typical 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 10 whole-home leases in Churchill Meadows signed at a median of $3,424 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,448. 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.

4.1%
Gross yield
− Property tax $6,531− Insurance $1,400− Vacancy & upkeep $4,551Net operating income $28,893

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOME AND BUSINESS REALTY. MLS®/PropTx.

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