$1,598,800

For sale

396 Derrydale Drive, Mississauga (Meadowvale Village) - Single Family for Sale

396 Derrydale Drive, Mississauga (Meadowvale Village), Ontario, L5W0E1

7 beds5 baths5 parking3,250 ft²Listed 36 days ago

Overview

This 7-bedroom, 5-bathroom home in Mississauga is for sale offering roughly 3,250 sq ft of space. It has been on the market 36 days, fresher than the Mississauga average of 58 days.

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Description

SUPER RARE - 5 + 2 bedroom, 5-washrooms, offers approximately 4,300 sq ft of refined living space in the prestigious community of Meadowvale Village with a LEGAL 2 bedroom basement apartment. This property was FULLY RENOVATED in 2023, including a new roof in 2020, furnace & tankless water tank in 2021 - the property showcases marble accents, a custom chefs kitchen with panel-ready Jenn-Air appliances, stone counters, gas stove and meticulously updated bathrooms throughout. The main level features expansive principal rooms, elegant finishes, and a layout ideal for both family living and entertaining. The upper level includes generously sized bedrooms, each designed with comfort and style in mind. All bathrooms are spa-inspired with a modern style. A standout feature is the LEGAL 2-bedroom basement apartment with Walkup or entrance from the house. Perfect for multi-generational living or rental income. The backyard is an entertainer's dream with a large deck and stone patio, offering a private outdoor retreat. (id:66096)

Property Details

MLS®: W13851250
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 5 above · 2 below
Bathrooms: 5
Half Baths: 1
Parking: 5
Interior Size: 3,250 ft²
Frontage: 12 m
Storeys: 2
Basement: Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $9,553/yr

Rooms

Main level

Living room: 4.22 x 3.35 meters
Dining room: 4.22 x 3.35 meters
Kitchen: 3.97 x 3.43 meters
Eating area: 1.71 x 3.05 meters
Family room: 5.66 x 5.58 meters
Office: 3.03 x 3.3 meters

Second level

Bedroom 5: 3.8 x 3.35 meters
Primary Bedroom: 6.26 x 6.16 meters
Bedroom 2: 4.39 x 5.4 meters
Bedroom 3: 3.46 x 4.27 meters

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Range, Oven, Dryer, Microwave, Oven - Built-In, Hood Fan, Window Coverings
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Mississauga (Meadowvale Village) listings, avg age

58d

Price / ft²

$492

List price

$1.60M

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 7-bed single family in Mississauga (Meadowvale Village) has been listed for 36 days, which is 22 days fresher than the city average of 58. Act while there is still low competition.

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Listed by CENTURY 21 RED STAR REALTY INC. · MARK PERSAUD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5W)

This home lists at $1,598,800, about 11.3× the local median household income of $142,000.

Carrying it typically needs a household income of about $312,302 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $142,000
Population: 24,145
Median age: 37.6
Owner / renter: 90% / 11%
Avg. household size: 3.8

Source: Statistics Canada, 2021 Census (FSA L5W)

$1,598,800· $492/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $319,760

Min 20%50%

Mortgage payment$6,818/mo

Property tax (est.)$796/mo

Total monthly$7,615

Cash Needed to Close

Down payment (20%)$319,760

Land transfer tax$28,451

Est. closing costs$7,296

Total cash needed$355,507

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