| Common Elements Included | |
| Parking Included |













11 - 5255 Palmetto Place
Churchill Meadows, Mississauga
$858,000
End-unit condo townhouse offering 3 bedrooms, 4 bathrooms and a finished basement, with approximately 1,900 sq. ft. of living space, including the basement. Features include a renovated kitchen with quartz countertops and stainless-steel appliances, hardwood flooring on the main and second floors, a built-in garage and a private driveway. The furnace and central air conditioning were replaced in 2022 and conveniently located near Erin Mills Town Centre, Credit Valley Hospital, parks, schools, recreation facilities, public transit and major highways.
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| Type | Condo Townhouse |
| Style | 2-Storey |
| Approx. Age | 11-15 |
| Size | 1800-1999 sq. ft. |
| Maintenance Fees | $378 |
| Locker | None |
| Balcony | None |
| Exposure | South West |
| Parking Type | Built-In |
| Parking Spaces | 2 |
| Parking Features | Private |
| Property Tax | $5,472 |
| mls© Number | W14089438 |
| Listed By | GLOBAL BRICKS EXECUTIVE HOMES REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,392
- Property tax
- $456
- Heat allowance
- $150
- Condo fees, half counted
- $189
- Housing costs
- $5,187 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$160,000
gross annual household income
- Payment at 4%
- $3,611 / mo
- Cash down
- $171,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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