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              #111 5255 Palmetto Place

              near Winston Churchill/Erin Centre
              $734,500 3+0bdr • 4ba • 1kit • 1800-1999sf
              Average Income
              n/a
              Population Age
              n/a
              School Score
              8.27/10
              Price Index Change 1y
              +11.46%
              Price Index Change 3y
              +5.61%
              Rent Index Change 1y
              -0.08%
              Rent Index Change 3y
              +16.44%

              Condo Townhouse • 2-Storey #111

              #111 5255 Palmetto Place, Churchill Meadows, Mississauga
              • Rooms and Bathrooms 3+0 bedr, 4 bath
              • Kitchens 1
              • area 1800-1999
              • garage 1.0 Attached
              • exposure N
              • age 11-15
              • locker None
              • possession

                Tba

              $734,500

              $3,851.21
              Tax yr: 2020

              $250.70/m

              CALCULATED NUMBERS:

              $2756.00

              calculator

              $2814

              4

              20 Car-Dependent

              56 Good Transit

              54 Bikeable

              8.27/10

              Location Details
              • Peel

              • Mississauga

              • Churchill Meadows

              • Winston Churchill/Erin Centre

              • L5M0H2

              • Residential

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              INTERNATIONAL REALTY FIRM, INC., BROKERAGE

              Property Overview
              Location, Location, Location!!! Most Desirable Locations Of Churchill Meadow! Close To A Wide Selection Of Schools, Parks, Shops & Highways. Playground Gift In Your Backyard. 3 Spacious Bdrms,4 Wshrms&Professionally Finished Bsmnt By The Builder. Brand New Furnace And Ac.
              Extras: Fridge, Stove, Washer, Dryer, B/I Dishwasher, All Window Coverings, All Elf/S, Hwt Is Rental.
              Video tour available. Click to watch.
              Property Features
              • Hospital
              • Library
              • Park
              • Public Transit
              • Rec Centre
              • School
              • Brick
              • Bbqs Allowed
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Building Insurance Included
              • Parking Included
              • Condo Taxes Included
              • Exposure
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Seller Property Info Statement
              • Water Included
              • Family Room
              • Cable TV Included
              • CAC Included
              Rooms details
              Foyer
              • Main Level
              • Ceramic Floor
              • 2 Pc Bath
              • Closet
              • Size 2.17x6.70
              Living
              • Main Level
              • Hardwood Floor
              • Open Concept
              • Combined W/Dining
              • Size 5.09x3.08
              Dining
              • Main Level
              • Hardwood Floor
              • O/Looks Backyard
              • W/O To Patio
              • Size 5.09x3.08
              Kitchen
              • Main Level
              • Stainless Steel Appl
              • O/Looks Park
              • Centre Island
              • Size 5.09x3.08
              Master
              • 2nd Level
              • Broadloom
              • 3 Pc Bath
              • Closet
              • Size 4.00x5.21
              2nd Br
              • 2nd Level
              • Broadloom
              • Double Closet
              • Size 3.00x5.48
              3rd Br
              • 2nd Level
              • Broadloom
              • O/Looks Frontyard
              • Closet
              • Size 3.00x4.54
              Rec
              • Bsmt Level
              • Broadloom
              • 4 Pc Bath
              • Size 5.73x3.10
              Sitting
              • Bsmt Level
              • Broadloom
              • Window
              • Size 2.10x8.20
              Laundry
              • Bsmt Level
              • Ceramic Floor
              • Size 2.23x1.89
              Basement
              • Finished
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              • Listing added to site: 2020-11-21 02:05:24
              • Last updated: 2020-11-23 00:18:03
              • Photos updated: 2020-11-21
              • Contract date: 2020-11-21
              • Input date: 2020-11-21
              • Expiry date: 2021-01-21
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              111 5255 Palmetto Place is a condo townhouse 2-storey, located in Churchill Meadows of city of Mississauga, Peel region, near Winston Churchill/Erin Centre, and has been available for sale on CondosDirect since 2020-11-21. This unit is located at level 1 of the building and has North exposure of Palmetto Pl. Condo registry office is P S , corporation number 815.

              Lot Size and Living Area:

              111 5255 Palmetto Place has 9+0 rooms in total, including 3+0 bedroms, 4 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living areae of this condo unit is within the range of 1800-1999 square feet above the ground plus finished basement. 5255 Palmetto Place building was built appriximately 11-15 years ago.
              1.0 parking space(s) are owned and located private at level . An ensuite laundry is available at the unit. The basement is finished. The Zoning is described as residential, but we suggest you to confirm it with your realtor.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Hospital, Library, Park, Public Transit, Rec Centre, School at, or near the property.
              AIDA has also identified the following listing features: Finished Basement.

              Price & Cost Overview

              General:

              111 5255 Palmetto Place condo townhouse is listed for $734,500. Property tax for year 2020 was $3,851. And the monthly maintenance fee was $251.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,756, and total expenses, including the mortgage, property tax and maintenance, fee around $3,098, assuming $734,500 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 111 5255 Palmetto Place, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Churchill Meadows, where 5255 Palmetto Place is located, has $892,651 Home Price Index, and $2,500 Home Rent Index.
              Average Home Price Index among 24 evaluated neighborhoods in city of Mississauga is $931,053, and average Home Rent Index $2,606.

              Similar Properties & Community Details:

              There are similar to 111 5255 Palmetto Place 3 bedr condo townhouse condos listed For Sale and For Rent in city of Mississauga.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 5255 Palmetto Place.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Churchill Meadows neighborhood in city of Mississauga.

              Schools:

              There are at least 3 school(s) located near 5255 Palmetto Place, or schools, which boundaries this address belongs to with an average School Score 8.27 out of 10. Here are more details about these schools:
              1. Oscar Peterson Public School, Public, Elementary, ranked as Excellent.
              2. Erin Centre Middle School, Public, Elementary, ranked as Excellent.
              3. Stephen Lewis Secondary School, Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 20, 56, and 54 accordingly, location of 5255 Palmetto Place overall can be described as Car-Dependent, Good Transit, and Bikeable.

              111 5255 Palmetto Place Listings History Powered by AIDA
              Churchill Meadows, Mississauga Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Mississauga Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (56 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 11 to 13 properties like that to be sold in Churchill Meadows during the next 30 days.
              Seasonal sales fluctuation is showing 61% inventory increase comparing to the average annual number, which is equvalent to 7.25 properties sold per month, and 15% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 5 days, which is 11 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing -4% D.O.M. decrease comparing to the average annual number, which is equvalent to 16 D.O.M., and -5% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Churchill Meadows.
              The selling to asking price ratio is not changing, as this housing type demand remains stable in Churchill Meadows.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              111 5255 Palmetto Place Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Churchill Meadows, Mississauga, to the City of Mississauga for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +11.46% comparig to the City of Mississauga average of +16.6%

              Price Index 3y

              Price Index change was +5.61% comparig to the City of Mississauga average of +9.14%

              Rent Index 1y

              Rent Index change was -0.08% comparig to the City of Mississauga average of +1.835%

              Rent Index 3y

              Rent Index change was +5.61% comparig to the City of Mississauga average of +9.14%

              Walkscore

              Walkscore 20 out of 100 means Car-Dependent

              Transitscore

              Transitscore 56 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.27 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
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              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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