6500 Montevideo Road Unit 614, Mississauga

Price: $539,000

3 bedrooms, 2 bathrooms

1,200 sq ft

Property Type: Condo

MLS#: W12731644

Welcome to Unit #614 At The Parkview, A Well-Maintained Condominium Residence Nestled In The Heart Of Meadowvale. This Unit Offers Just Over 1200 Sq/Ft Of Comfortable Living Space With Thoughtfully Laid Out Rooms And Plenty Of Natural Light Throughout. The Building Is Ideally Situated Adjacent To Lake Aquitaine And A Network Of Walking Trails, Giving You Both Convenience And A Touch Of Nature Right At Your Doorstep. Don't Miss This One!

6500 Montevideo Road Unit 614, Mississauga - Image 1
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$539,000 - 6500 Montevideo Road Unit 614, Mississauga

Condo for Sale in Mississauga

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12731644
Property Type
Condo
Status
active
Days on Market
1
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
City
Mississauga
Description

Welcome to Unit #614 At The Parkview, A Well-Maintained Condominium Residence Nestled In The Heart Of Meadowvale. This Unit Offers Just Over 1200 Sq/Ft Of Comfortable Living Space With Thoughtfully Laid Out Rooms And Plenty Of Natural Light Throughout. The Building Is Ideally Situated Adjacent To Lake Aquitaine And A Network Of Walking Trails, Giving You Both Convenience And A Touch Of Nature Right At Your Doorstep. Don't Miss This One!

Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

6500 Montevideo Road Unit 614, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,646

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $449/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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