5481 Festival Drive, Mississauga, ON L5M 0G6
Churchill Meadows, Mississauga · Near Tenth Line/Thomas · View map
About this home
Discover the warmth and charm of this beautiful & bright semi-detached home in vibrant Churchill Meadows, one of Mississauga's most desirable family neighbourhoods. This 3+1 bedroom & 4 washroom features vibrant sunsets pouring into the formal/ dining and family room, The gourmet kitchen showcases porcelain floors, a stylish island, stainless steel appliances, and abundant storage. A spacious living room overlooks the backyard and includes a cozy fireplace, creating the ideal gathering space for family and friends. Upstairs, you'll find three generous bedrooms, including a large primary retreat with a dreamy 4-piece ensuite and a walk-in closet. The fully finished basement extends the living space with a dedicated office, a family room, and an additional bedroom complete with its own kitchen and 3-piece bathroom - perfect for an in-law suite or extended family. The perfect space to relax, entertain, and enjoy warm summer nights. Located steps to top-rated schools, and just minutes to Erin Mills Town Centre, Credit Valley Hospital, and Hwy 403/407, this home offers exceptional comfort, convenience, and lifestyle.
The home
- Type
- Semi-detached home
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 1
- Rooms
- 6
- Basement
- Finished, Separate Entrance
- Lot size
- 22.3 x 105 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Total parking
- 2
- Parking features
- Lane
Taxes & other
- Property taxes
- $6,419/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Immediate
- Cross street
- Tenth Line/Thomas
- Neighbourhood
- Churchill Meadows
More
- Price per sq ft
- ~$565 (at 1,750 sq ft)
- MLS® number
- W14118878
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The home and its surroundings
- Hospital
- Library
- Park
- Public Transit
- School
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
5481 Festival Drive, Mississauga, ON L5M 0G6
Churchill Meadows, Mississauga · Near Tenth Line/Thomas
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Listing history for 5481 Festival Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 5481 Festival Drive
Answers come straight from this home’s MLS® listing.
How much is 5481 Festival Drive listed for, and what would it cost each month?
5481 Festival Drive is listed for $988,888. With 20% down ($197,778), the mortgage payment would be roughly $3,989 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,524 a month, all in. That figure is an illustration, not a quote.
Is 5481 Festival Drive freehold or a condo, and is there a monthly fee?
5481 Festival Drive is a semi-detached home in Churchill Meadows, Mississauga. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 5481 Festival Drive have?
5481 Festival Drive has 3 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms. The listing gives the style as 2-storey.
Does 5481 Festival Drive have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. In total the listing counts 2 parking spaces.
Does 5481 Festival Drive have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 5481 Festival Drive?
5481 Festival Drive is a semi-detached home. A semi-detached home shares one side wall with the home next door.
How big is 5481 Festival Drive, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 22.3 x 105 ft.
How is 5481 Festival Drive heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 5481 Festival Drive?
Property taxes are $6,419 a year (2026), or about $535 a month.
Where is 5481 Festival Drive?
5481 Festival Drive is in the Churchill Meadows community of Mississauga. The nearest main intersection is Tenth Line/Thomas. The postal code is L5M 0G6.
Is 5481 Festival Drive still for sale?
Yes. It is an active listing (MLS® W14118878). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 5481 Festival Drive asking?
Similar properties for sale nearby right now include 3842 Manatee Way at $999,000 (3+2 bed), 5881 Delle Donne Drive at $999,900 (3+1 bed) and 3250 Sunlight Street at $944,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 5481 Festival Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 5481 Festival Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Churchill Meadows, picked by style, size and price.
Semi-detached home$999,0003842 Manatee Way, Mississauga3+2 bed · 4 bath · Churchill MeadowsCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →
Semi-detached home$999,9005881 Delle Donne Drive, Mississauga3+1 bed · 4 bath · Churchill MeadowsCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →
Semi-detached home$944,9003250 Sunlight Street, Mississauga3 bed · 3 bath · Churchill MeadowsCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →Courtesy of: ROYAL LEPAGE CERTIFIED REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.