$1,229,000

For sale

3163 Ibbetson Crescent, Mississauga (Erindale) - Single Family for Sale

3163 Ibbetson Crescent, Mississauga (Erindale), Ontario, L5C1Z1

6 beds5 baths4 parking1,750 ft²50 × 151 ft (7,525 sq ft) lot sizeListed 38 days ago

Overview

This 6-bedroom, 5-bathroom home in Mississauga is for sale offering roughly 1,750 sq ft of space. Listed at $1,229,000, it is attractively priced about 17% below the $1,475,000 median asking price in Mississauga. It has been on the market 38 days, fresher than the Mississauga average of 50 days.

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Description

Welcome to 3163 Ibbetson Cres, a well-kept 4+2-bedroom, 5-bathroom detached 2-storey home on a rare 50 x 150 ft lot in sought-after Erindale. The main floor has a bright combined living and dining room with a bow window and French doors, a kitchen with a walk-out to the deck, and a cozy family room with a fireplace. Upstairs are 4 generous bedrooms, including a primary suite with its own ensuite. The finished basement has a separate entrance, a second kitchen and 2 bedroom suites, which makes it ideal for extended family or income potential. The electrical service has been upgraded to 200 amps, making the home future-ready with ample capacity for an EV charger, a hot tub or other modern upgrades. The private backyard feels like a resort, with a meticulously maintained inground pool, a large surrounding deck and mature landscaping. Minutes to UTM, Credit Valley Hospital, Erindale GO, parks, schools, shopping and Hwy 403/QEW. (id:66096)

Property Details

MLS®: W13838372
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 50 × 151 ft (7,525 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 3.84 x 7.8 meters
Bathroom: 3 x 1.5 meters
Dining room: 3.84 x 7.8 meters
Kitchen: 3.11 x 4.91 meters
Family room: 3.35 x 4.91 meters

Basement

Bedroom: 2.47 x 3.32 meters
Recreational, Games room: 3.32 x 4.18 meters
Bedroom: 5.58 x 5.82 meters
Kitchen: 3.11 x 4.24 meters

Second level

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Oven, Dryer, Microwave, Hood Fan
Flooring: Tile, Hardwood
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Mississauga (Erindale) listings, avg age

50d

Price / ft²

$702

List price

$1.23M

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 6-bed single family in Mississauga (Erindale) has been listed for 38 days, which is 12 days fresher than the city average of 50. Act while there is still low competition.

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Listed by NU STREAM REALTY (TORONTO) INC. · FLORA QU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5C)

This home lists at $1,229,000, about 12.0× the local median household income of $102,000.

Carrying it typically needs a household income of about $240,067 (20% down, 25-yr amortization, stress-tested) — roughly 135% above the area median.

Median household income: $102,000
Population: 29,284
Median age: 42.8
Owner / renter: 74% / 26%
Avg. household size: 3

Source: Statistics Canada, 2021 Census (FSA L5C)

$1,229,000· $702/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.97% · $97,900

Min 7.97%50%

Mortgage payment$6,271/mo

↳ CMHC premium ($45,244 capitalized)

Property tax (est.)$684/mo

Total monthly$6,955

Cash Needed to Close

Down payment (7.97%)$97,900

Land transfer tax$21,055

Est. closing costs$6,187

Total cash needed$125,142

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