5878 Montevideo Road, Mississauga, ON

$599,000
MLS#:W12923474
3 beds
2 baths
1000-1199 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This listing is no longer active (Sold)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. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $599,000 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 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a finished with walk-out, partial basement, separate entrance 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: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to prestigious Meadowvale, an ideal family-friendly neighbourhood! 5878 Montevideo Rd is tucked away from busy main roads, offering peace, safety, and a true sense of community. This end-unit townhome, with super low maintenance fees, is sparkling clean and move-in ready! The main floor features a bright, open-concept living and dining area with large windows that flood the space with natural light. The kitchen is both functional and stylish - complete with stainless steel appliances, pot lights, under cabinet lighting, a pantry, and a separate eat-in area-perfect for everyday family living. Upstairs, you'll find three good-sized bedrooms, a 4-piece bathroom, and the entire second floor is finished with modern luxury vinyl plank flooring for a fresh, cohesive look. The versatile lower level includes a walkout to the backyard, access to the garage, and a spacious open area ideal for a family room, home office, play space, or gym. A dedicated laundry room adds extra convenience. Step outside to a low-maintenance backyard - perfect for summer BBQs. 5878 Montevideo also features a children's play area and is just steps from a school, scenic trails, Lake Aquitaine, and community centers. Enjoy being minutes from Erin Mills Town Centre with easy access to Highways 401, 403 and 407. This charming neighbourhood offers everything a growing family needs.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 9, 2026
Sold price information is available to members only
Listed Date3/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Aluminum Siding
BasementFinished with Walk-Out, Partial Basement, Separate Entrance
CountyPeel
Annual Tax$3,484

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Lake/Pond, Park, Public Transit, School, Rec./Commun.Centre

Interior Features

Carpet Free

Security Features

Community Features

Location

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5878 Montevideo Road, 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 5878 Montevideo Road 30, Mississauga, ON L5N 2V5

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$34,900 (5.8%)
* Minimum Canadian down payment required for this price is $34,900.
Amortization Period25 Years
Estimated Monthly Payment$3,362Based on a loan of $564,100 over 25 years.
Purchase Price$599,000
Loan Amount$564,100
Provincial Land Transfer Tax:$8,455
Total Estimated Closing Taxes:$8,455

About Purchasing a Home in Mississauga, ON

For a property listed at $599,000 in Mississauga, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.

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, Mississauga.

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$889,749

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

Shelter Bay
Public6735 Shelter Bay Road, Meadowvale, Mississauga, Ontario, L5N 2C5
6.1
St John of the Cross
Public3180 Aquitaine Avenue, Meadowvale, Mississauga, Ontario, L5N 3S5
9.5
Plum Tree Park
Public6855 Tenth Line West, Lisgar, Mississauga, Ontario, L5N 5R2
8.3
St Teresa of Avila
Public6675 Montevideo Road, Meadowvale, Mississauga, Ontario, L5N 4E8
6.9
Plowman's Park
Public5940 Montevideo Road, Meadowvale, Mississauga, Ontario, L5N 3J5
4.6

Secondary Schools

Meadowvale SS
PublicMeadowvale, Mississauga, Ontario
6.1
Our Lady of Mount Carmel
Public3700 Trelawny Circle, Lisgar, Mississauga, Ontario, L5N 5J7
6.9

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.