$1,999,999

For saleJust listed

1531 Glenburnie Road, Mississauga (Mineola) - Single Family for Sale

1531 Glenburnie Road, Mississauga (Mineola), Ontario, L5G3C9

5 beds2 baths4 parking2,250 ft²57 × 383 ft (21,973 sq ft) lot sizeListed Today

Overview

This 5-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 2,250 sq ft of space. Listed at $1,999,999, it is attractively priced about 20% below the $2,500,000 median asking price in Mississauga. It has been on the market 0 days, fresher than the Mississauga average of 62 days.

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Description

Nestled in a peaceful, park-like setting, this spacious 5-bedroom home sits on an exceptional oversized lot measuring 57.38 x 382.78 feet, presenting a rare opportunity to create your dream home in a sought-after Mississauga location. Surrounded by greenery, the property offers an incredible combination of space, privacy, natural light, and endless potential. The main level features newer flooring in the foyer, living room, and dining room, while two skylights and expansive windows fill the interior with natural light and showcase tranquil green space views from the family room and kitchen. The spacious kitchen features refinished cabinetry and updated sliding doors leading to a large deck, perfect for outdoor entertaining and relaxation. A versatile second-floor sitting area offers additional space for a home office, children's playroom, or quiet retreat. Ideally located just minutes from the charming shops and restaurants of Port Credit, public transit, the QEW, and the marina, this property offers a peaceful setting with convenient access to everyday amenities. Whether you envision transforming this home into your forever residence, taking advantage of the expansive lot to create something truly special, or adding to your investment portfolio, the possibilities are endless. Excellent tenants currently reside in the home and are willing to stay, offering an attractive opportunity for investors seeking an established tenancy. (id:66096)

Property Details

MLS®: W14151598
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 57 × 383 ft (21,973 sq ft)
Frontage: 57 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $14,257/yr

Rooms

Main level

Living room: 5 x 3.5 meters
Dining room: 5 x 4 meters
Kitchen: 3.5 x 4 meters
Bedroom 5: 3.5 x 3.5 meters

Second level

Primary Bedroom: 7 x 4 meters
Family room: 3.5 x 5 meters
Bedroom 2: 3.5 x 3.5 meters
Bedroom 3: 3.5 x 3.5 meters
Bedroom 4: 3.5 x 3.5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All
Flooring: Laminate
Foundation: Block
Exterior: Wood

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Mississauga (Mineola) listings, avg age

62d

Price / ft²

$889

List price

$2.00M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Mississauga (Mineola) has been listed for 0 days, which is 62 days fresher than the city average of 62. Act while there is still low competition.

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Listed by SAM MCDADI REAL ESTATE INC. · SAM ALLAN MCDADI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5G)

This home lists at $1,999,999, about 21.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $390,670 (20% down, 25-yr amortization, stress-tested) — roughly 311% above the area median.

Median household income: $95,000
Population: 20,714
Median age: 45.2
Owner / renter: 57% / 43%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L5G)

$1,999,999· $889/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $399,999.80

Min 20%50%

Mortgage payment$8,529/mo

Property tax (est.)$1,188/mo

Total monthly$9,718

Cash Needed to Close

Down payment (20%)$400,000

Land transfer tax$36,475

Est. closing costs$8,500

Total cash needed$444,975

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