5494 Farmcote Drive, Mississauga, ON

$1,245,000
MLS#:W12315747
5 beds
4 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 3, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Churchill Meadows. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,245,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 56 x 68.9 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Nestled in the heart of Churchill Meadows, this 3+2 Bedroom, 4 Bathroom home sits on a large 56x68.9ft corner lot creating the perfect blend of comfort and convenience. The main level features 9ft ceilings and a 20ft ceiling in the living room, complete with large windows that flood the home with natural light creating a sense of openness throughout. Find an entertainers kitchen featuring ample counter space, a convenient breakfast bar, SS appliances, all connecting to the breakfast area with walkout access to the spacious private backyard, perfect for enjoying meals outdoors. Walk-up to an upper level which features 3 sizable bedrooms, two 4pc bathrooms and a rare private balcony, perfect for sipping morning coffee or enjoying a relaxing evening. A fully finished basement with two additional bedrooms and a large recreational space, is perfect for a home gym, playroom, or home theater. A private double-car garage and a driveway which can park up to 4 vehicles ensures ample parking. Close proximity to parks, schools, amenities, Hwys, and more, making this the perfect location for families and commuters alike.

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Property Summary

This detached home located at 5494 Farmcote Drive, Mississauga is currently for sale and has been available on SousaSells for 353 days. This property is listed at $1,245,000 with an estimated mortgage of $4,144* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 5494 Farmcote Drive, Mississauga is in the Churchill Meadows neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 3, 2025
Sold price information is available to members only
Listed Date7/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size56 × 68.9 Feet
CountyPeel
Annual Tax$7,474.84
Legal DescriptionLot 71 Plan M1357

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School, Rec./Commun.Centre, Public Transit

Interior Features

Other

Security Features

Community Features

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Location

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5494 Farmcote Drive, 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 5494 Farmcote Drive, Mississauga, ON L5M 6L5

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$373,500 (30.0%)
* Minimum Canadian down payment required for this price is $249,000.
Amortization Period30 Years
Estimated Monthly Payment$4,144Based on a loan of $871,500 over 30 years.
Purchase Price$1,245,000
Loan Amount$871,500
Provincial Land Transfer Tax:$21,375
Total Estimated Closing Taxes:$21,375

About Purchasing a Home in Mississauga, ON

For a property listed at $1,245,000 in Mississauga, the legal minimum down payment is $249,000 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 $21,375 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 $21,375.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,087,430

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 Bernard of Clairvaux
Public3345 Escada Drive, Churchill Meadows, Mississauga, Ontario, L5M 7V5
8.0
Divine Mercy
Public2840 Duncairn Drive, Central Erin Mills, Mississauga, Ontario, L5M 5C6
6.6
St Faustina
Public3420 McDowell Drive, Churchill Meadows, Mississauga, Ontario, L5M 6R7
7.0
St Sebastian
Public3460 Aquinas Avenue, Churchill Meadows, Mississauga, Ontario, L5M 7L2
5.9
Our Lady of Mercy
Public5820 Glen Erin Drive, Central Erin Mills, Mississauga, Ontario, L5M 5J9
8.3

Secondary Schools

St. Joan of Arc
Catholic3801 Thomas Street, Churchill Meadows, Mississauga, Ontario, L5M 7G2
5.9
St. Aloysius Gonzaga
Catholic2800 Erin Centre Boulevard, Central Erin Mills, Mississauga, Ontario, L5M 6R5
7.7

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.