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    Mississauga / Churchill Meadows

    138 - 5255 Palmetto Pl

    For Sale5255 Palmetto Pl Townhomes
    $899,999
    3 Beds
    4 Bath
    2 Parking
    1,200 - 1,399 SQFT
    1 Day on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Townhouse
    Maintenance Fees:
    $345/mth
    Taxes:
    $4,572 (2024)
    Cost Per Sqft:
    $643 - $750/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    60-89 days
    Laundry:
    Lower
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to this beautifully maintained end-unit townhome in the heart of Erin Mills where modern comfort meets unbeatable convenience! Featuring 3 spacious bedrooms, 4 bathrooms, and a fully finished basement, this home offers plenty of space for families, professionals, and those who love to entertain. Step inside to hardwood floors complemented by new vinyl flooring, creating a stylish and durable living space. The upgraded kitchen boasts sleek stainless steel appliances, an induction oven, and modern finishes perfect for home chefs. An open-concept layout seamlessly connects the kitchen, dining, and living areas, making it ideal for gatherings and everyday relaxation. Enjoy your fully fenced backyard a private outdoor retreat perfect for summer evenings. Plus, with a new furnace and A/C (2020), this home is move-in ready and well-maintained. Located within walking distance to parks and offering low maintenance fees, this townhome is the perfect balance of convenience and ease.

    ExtrasWASHER, DRYER, FRIDGE, STOVE, DISHWASHER, FLOWER GARDENS

    keller williams real estate associatesMLS® #W12019369

    Amenities

    BBQs Allowed
    Visitor Parking
    Indoor Parking

    Explore Neighbourhood

    3/10
    Walkability
    A sight of a grocery store is as rare as a unicorn sighting.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    12,764
    Average Individual Income
    $58,909
    Average Household Size
    2 persons
    Average Age
    37
    Average Household Income
    $113,327
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    30%
    $60,000+
    17%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    42%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    76%
    Punjabi
    9%
    Other
    9%
    Spanish
    2%
    Urdu
    2%
    Tagalog
    1%
    Hindi
    1%
    Education
    High School
    32%
    University and Above
    24%
    College
    20%
    None
    16%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    9%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    4%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    5255 Palmetto Pl Townhomes vs The Churchill Meadows Area

    Building Trends At 5255 Palmetto Pl Townhomes

    Days on Strata

    Units at 5255 Palmetto Pl Townhomes spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Churchill Meadows

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 17 condos in the Churchill Meadows area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    5255 Palmetto Pl Townhomes offers the
    ?
    best value out of 17 condos in the Churchill Meadows neighbourhood

    Appreciation Rank

    5255 Palmetto Pl Townhomes has the
    ?
    highest ROI out of 17 condos in the Churchill Meadows neighbourhood

    Rental Yield

    5255 Palmetto Pl Townhomes yields the
    ?
    highest rent prices out of 17 condos in the Churchill Meadows neighbourhood

    High Demand

    5255 Palmetto Pl Townhomes is the
    ?
    most popular building out of 17 condos in the Churchill Meadows neighbourhood

    Transaction Insights at 5255 Palmetto Place

    1 Bed3 Bed3 Bed + Den
    Price RangeNo Data$880,000 - $883,000$912,000
    Avg. Cost Per SqftNo Data$503$472
    Avg. Wait for Unit AvailabilityNo Data106 Days359 Days
    Ratio of Units in Building2%70%30%

    Transactions vs Inventory

    Total number of units listed and sold in Churchill Meadows