7385 Magistrate Terrace, Mississauga, ON

$899,900
MLS#:W11963027
3 beds
4 baths
1600-1799 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Meadowvale Village. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $899,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Storage, Upgraded Insulation, Water Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Exquisite end unit townhome that feels like a semi! Pride of ownership shines throughout this meticulously and lovingly maintained home! Spacious open concept living/dining area + modern kitchen make this an entertainer's dream, complete with 9 foot ceilings! Take the party outside in your beautiful backyard which backs onto a forest for privacy. Generous sized bedrooms including extra large primary with double closets and lovely 3-piece ensuite! Upgrades include renovated kitchen, new furnace, driveway, pot lights throughout, gorgeous dark chocolate engineered hardwood throughout, attic insulation, kitchen appliances + washer & dryer. See attached list of Features & Upgrades. Main and second floor freshly painted in 2022. Convenient 2nd floor laundry room and inside access to garage! Large finished basement can be used for recreation or turned into a fourth bedroom. This is a great home for growing families as the condo complex includes a playground and plenty of visitor parking. Amazing location in highly popular Meadowvale Village and St. Marcellinus school district! Short drive to Hwy 407, tons of shopping including Heartland Town Centre, places of worship and much more! Walking distance to a community park with splash pad.

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 13, 2025
Sold price information is available to members only
Listed Date2/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Stucco (Plaster)
BasementFinished, Full
CountyPeel
Annual Tax$4,449.25

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Greenbelt/Conservation, Park, Place Of Worship, Rec./Commun.Centre, School

Interior Features

Storage, Upgraded Insulation, Water Meter, Ventilation System, Water Heater, Auto Garage Door Remote, Carpet Free, Floor Drain, Guest Accommodations

Security Features

Community Features

Location

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7385 Magistrate Terrace, Mississauga, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 7385 Magistrate Terrace 15, Mississauga, ON L5W 1W8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Mississauga.

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Interest Rate5.25%
Down Payment$64,990 (7.2%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period25 Years
Estimated Monthly Payment$4,975Based on a loan of $834,910 over 25 years.
Purchase Price$899,900
Loan Amount$834,910
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

About Purchasing a Home in Mississauga, ON

For a property listed at $899,900 in Mississauga, the legal minimum down payment is $64,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,473 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,473.

Nearby Listings

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No current listings found in Mississauga.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Meadowvale Village, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,160,080

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Local Schools Guide

Elementary Schools

St Veronica
Public680 Novo Star Drive, Meadowvale Village, Mississauga, Ontario, L5W 1C7
6.7
Le Flambeau
Public600 Novo Star Drive, Meadowvale Village, Mississauga, Ontario, L5W 1G4
7.8
St Julia
Public6770 Historic Trail, Meadowvale Village, Mississauga, Ontario, L5W 1J3
6.7
St Barbara
Public1455 Samuelson Circle, Meadowvale Village, Mississauga, Ontario, L5N 7Z2
8.3
Ange-Gabriel
Public1830 Meadowvale Boulevard, Mississauga, Ontario, L5N 7L2
6.8

Secondary Schools

St. Marcellinus
Catholic730 Courtneypark Drive West, Meadowvale Village, Mississauga, Ontario, L5W 1L9
7.9
Mississauga Secondary
Public550 Courtneypark Drive West, Meadowvale Village, Mississauga, Ontario, L5W 1L9
6.7
West Credit SS
PublicWest Credit Avenue, Mississauga, Ontario, L5N 7J9
0.9
St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied72%
Rented28%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.