7385 Magistrate Terrace, Unit 6, Mississauga, ON

$699,900
MLS#:W12388486
3 beds
3 baths
1600-1799 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on October 8, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Meadowvale Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 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 3 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

LOCATION, LOCATION, LOCATION! (5 Mins) from HEARTLAND TOWN CENTRE. (3 mins) to Hwy 401 & 407! (2 Mins) Grocery Stores/ Fast Food at DERRY AND MCLAUGHLIN. Close by to top rated schools: Derry West Village Public School, Mississauga Secondary School, St Marcellinus Secondary School and David Leeder Middle School. Top Reasons You'll Love This Home - Bright Open-Concept Layout Perfect flow for everyday living and entertaining. - Stylish Upgraded Kitchen Granite counters, brand-new appliances, modern cabinetry, and oversized breakfast bar. - Walk-Out to Backyard Easy indoor/outdoor living from the main floor. - Oversized Primary Bedroom with Two large closets plus a private 3-piece ensuite. - 2 other Spacious Bedrooms Each with generous closet space for the whole family. - All-New Flooring Throughout Fresh, modern, and move-in ready. - Convenient Interior Garage Access Stay warm and dry year-round. This won't last long!!

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Property Summary

This townhouse located at 7385 Magistrate Terrace, Mississauga is currently for sale and has been available on SousaSells for 312 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 3 beds, 3 bathrooms, and is 1600-1799 square feet. 7385 Magistrate Terrace, Mississauga is in the Meadowvale Village neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 8, 2025
Sold price information is available to members only
Listed Date9/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFull
CountyPeel
Annual Tax$4,849

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Softener

Security Features

Community Features

Location

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7385 Magistrate Terrace, Unit 6, 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 7385 Magistrate Terrace 6, Mississauga, ON L5W 1W8

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$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Mississauga, ON

For a property listed at $699,900 in Mississauga, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,265,199

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 Veronica
Public680 Novo Star Drive, Meadowvale Village, Mississauga, Ontario, L5W 1C7
6.7
Le Flambeau
Public600 Novo Star Drive, Meadowvale Village, Mississauga, Ontario, L5W 1G4
7.8
St Julia
Public6770 Historic Trail, Meadowvale Village, Mississauga, Ontario, L5W 1J3
6.7
St Barbara
Public1455 Samuelson Circle, Meadowvale Village, Mississauga, Ontario, L5N 7Z2
8.3
Ange-Gabriel
Public1830 Meadowvale Boulevard, Mississauga, Ontario, L5N 7L2
6.8

Secondary Schools

St. Marcellinus
Catholic730 Courtneypark Drive West, Meadowvale Village, Mississauga, Ontario, L5W 1L9
7.9
Mississauga Secondary
Public550 Courtneypark Drive West, Meadowvale Village, Mississauga, Ontario, L5W 1L9
6.7
West Credit SS
PublicWest Credit Avenue, Mississauga, Ontario, L5N 7J9
0.9
St. Joseph
Catholic5555 Creditview Road, Streetsville, Mississauga, Ontario, L5V 2B9
8.2

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.