$1,125,000

For sale

2050 Russett Road, Mississauga (Lakeview) - Single Family for Sale

2050 Russett Road, Mississauga (Lakeview), Ontario, L4Y1B9

3 beds2 baths4 parking1,300 ft²90 × 130 ft (11,700 sq ft) lot sizeListed 62 days ago

Overview

This 3-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 1,300 sq ft of space. Listed at $1,125,000, it is attractively priced about 22% below the $1,450,000 median asking price in Mississauga.

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Description

Sitting on an incredible 90 feet of frontage, nicely set back and nestled within a gorgeous, tree canopy,this property offers natural beauty, tranquility and the ultimate opportunity to inherit a legendary, G.S Shipp & Son quality built home in one of South Mississauga's most desirable neighbourhoods-Applewood Acres. Step into this solid,original 1.5 storey, 3 bedroom,1.5 bath home with character details like original hardwood flooring found throughout the main & upper levels. The spacious, open main level floor plan features living and dining spaces as well as a separate family room with built - in shelving ,storage and offers lots of room for entertaining or relaxing with lots of windows to let the natural in.The separate kitchen has a walkout from the kitchen to a sundeck for you to enjoy your morning coffee with birdsong or al fresco dining under the stars.Upstairs you will find a very spacious primary bedroom with separate closets and lots of room for a sitting area and space to lounge - overlooking the private backyard.2 more generous bedrooms with closets and treed views await.There is also a full 4 piece bathroom on this level as well as add'l storage.The partially finished basement has great potential as additional room for guests or exceptional space to create a games/recreational/gym/studio/home theatre.Fenced, private backyard. Attached garage.You can change a house, but not the location.Bring your interior designer, architect, contractor or builder to make this unrenovated blank canvas just right for you. Surrounded by tree-lined winding streetscapes, community parks & paths, excellent schools,a vibrant tight knit community, golf,tennis,lakeside parks, trails, shopping as well as Port Credit all nearby,quick commutes await to downtown Toronto or further west,easy highway access, public transportation and GO.Whether you plan a renovation,have plans to maximize the footprint or desire a brand new build this lot and location are an ideal spot to call HOME (id:66096)

Property Details

MLS®: W13746936
Property Type: Single Family
Zoning: R3
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 90 × 130 ft (11,700 sq ft)
Frontage: 90 ft
Storeys: 1
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 3.43 x 6.81 meters
Dining room: 4.04 x 3.79 meters
Kitchen: 3.76 x 2.85 meters
Family room: 3.43 x 6.81 meters

Second level

Primary Bedroom: 3.56 x 4.83 meters
Bedroom 2: 3.18 x 2.74 meters
Bedroom 3: 3.2 x 2.74 meters

Lower level

Recreational, Games room: 5.06 x 6.71 meters
Utility room: 3.38 x 6.78 meters

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

Features

Appliances: Washer, Refrigerator, Water meter, Stove, Dryer
Flooring: Concrete, Hardwood
Exterior: Brick
Lot Features: Level lot, Wooded area, Level, Carpet Free

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Mississauga (Lakeview) listings, avg age

61d

Price / ft²

$865

List price

$1.13M

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 3-bed single family in Mississauga (Lakeview) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · JUDITH HANLEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4Y)

This home lists at $1,125,000, about 12.6× the local median household income of $89,000.

Carrying it typically needs a household income of about $219,752 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.

Median household income: $89,000
Population: 23,490
Median age: 45.2
Owner / renter: 68% / 32%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4Y)

$1,125,000· $865/ft²

For sale

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Full Cost Breakdown

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Down Payment7.78% · $87,500

Min 7.78%50%

Mortgage payment$5,752/mo

↳ CMHC premium ($41,500 capitalized)

Property tax (est.)$612/mo

Total monthly$6,364

Cash Needed to Close

Down payment (7.78%)$87,500

Land transfer tax$18,975

Est. closing costs$5,875

Total cash needed$112,350

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