5163 Preservation Circle, Mississauga, ON
Churchill Meadows, Mississauga · MLS® W14080088
About this home
In short
- Immaculate Newly Renovated Gem on a premium ravine lot with no rear neighbours.
- Nestled in a Quiet, low-traffic pocket of Churchill Meadows, this stunning 3 bedroom offers privacy and a peaceful, cottage-like setting overlooking the lush ravine.
- Extensively updated in Oct.2026, features include brand-new engineered hardwood flooring throughout, a completely new kitchen with new appliances, new wood stairs...
- Convenient location close to schools (Oscar Peterson Public, Erin Centre Middle, St.
Immaculate Newly Renovated Gem on a premium ravine lot with no rear neighbours! Nestled in a Quiet, low-traffic pocket of Churchill Meadows, this stunning 3 bedroom offers privacy and a peaceful, cottage-like setting overlooking the lush ravine. Extensively updated in Oct.2026, features include brand-new engineered hardwood flooring throughout, a completely new kitchen with new appliances, new wood stairs, fresh paint, stylish light fixtures, all new toilets and updated hardware. The large basement windows with excellent potential for a future walk-up basement entrance. A rare find in a family-friendly, safe enclave with minimal through traffic. A must see. Convenient location close to schools (Oscar Peterson Public, Erin Centre Middle, St. Sebastian Elementary), community centre, hospitals, shopping mall, restaurants, public transit, etc. Truly feels like a brand-new home!
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W14080088
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 24.18 × 110.83 ft
- Cross streets
- Eglinton Ave West/Tenth Line W
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,680 / 2026
- Days on market
- 2
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · combined w/family · overlooks ravine
hardwood floor · pot lights · open concept
hardwood floor · closet organizers
hardwood floor · combined w/dining · pot lights
ceramic floor · quartz counter · ceramic backsplash
ceramic floor · overlooks ravine · w/o to deck
hardwood floor · closet organizers
Listed at $984,900. Going by how homes in Churchill Meadows and the wider GTA have actually closed against their asking prices (about 98%, 29 local closings in 90 days), the likely sale price is near $967K, if it sells. A realistic range is $906K to $1.09M.
Independent value check: $979K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $917K and $1.03M).
Why $979K. 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 $6,680 a year; the typical home sold here pays about $5,900.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightly3 bedrooms and 3 baths, against 3+1 and 4 typically.
Total price vs nearby homes. Likely closing about $967K, from 29 recent closings in this pocket.
The market behind the math:
About 1 months of inventory: 10 semi-detached homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $563/sqft against an area asking average of $600/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.01M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 29 comparable homes that sold in Churchill Meadows over the past two years, from 200 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $571/sqft; this home lists at $563/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Churchill Meadows: $973K in September 2026, up 1% from a year ago, on 114 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $963K | 9 |
| November 2025 | $948K | 14 |
| December 2025 | $955K | 7 |
| January 2026 | $936K | 9 |
| February 2026 | $925K | 6 |
| March 2026 | $968K | 7 |
| April 2026 | $925K | 8 |
| May 2026 | $965K | 12 |
| June 2026 | $961K | 14 |
| July 2026 | $975K | 13 |
| August 2026 | $945K | 8 |
| September 2026 | $973K | 7 |
Neighbourhood & 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 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.
Mortgage amount $787,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,357
- Property tax
- $557
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,913
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,173
- Estimated closing costs
- $16,173
Plus your down payment of $196,980. 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
- $261,393
- Principal paid down
- $96,269
- Interest paid
- $165,123
- Balance remaining
- $691,651
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
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 5 whole-home leases in Churchill Meadows signed at a median of $3,407 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,993. 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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.