$888,000
Mississauga
439 Ginger Downs, Mississauga (Mississauga Valleys), Ontario, L5A3A8
This 5-bedroom, 2-bathroom home in Mississauga is for sale offering roughly 1,300 sq ft of space. Listed at $888,000, it is attractively priced about 15% below the $1,049,000 median asking price in Mississauga. It has been on the market 40 days, fresher than the Mississauga average of 60 days.
Rarely Offered & Beautifully Renovated Semi-Detached Raised Bungalow with Excellent Rental Income Potential! Welcome to this exceptional home in the heart of Mississauga Valley, offering the perfect blend of modern style, comfortable family living, and versatile income potential. Thoughtfully renovated throughout, this turnkey property features a bright, open-concept main floor with rich hardwood flooring, designer pot lights, spacious living and dining areas, and an abundance of natural light. The dining room walks out to a private balcony, perfect for morning coffee or evening relaxation. The modern kitchen features quartz countertops, stainless steel appliances, ample cabinetry, and contemporary finishes. Three generously sized bedrooms offer large windows and excellent closet space, while the updated five-piece bathroom features a double vanity, bathtub, body-spray shower, and convenient main-floor laundry. The fully finished, above-grade lower level with a separate entrance is a standout feature, offering excellent rental income potential. Complete with a spacious living area, second kitchen, two bedrooms, and a three-piece bathroom, it is ideal for rental income, extended family, an in-law suite, or multi-generational living. Live comfortably upstairs while using the lower level to help offset your mortgage or create an additional income stream. Enjoy a private backyard perfect for entertaining, family gatherings, or relaxing outdoors. Conveniently located near schools, parks, shopping, restaurants, community centres, public transit, and major highways including the 401, 427, and QEW. Pearson International Airport is just minutes away. A rare opportunity to own a move-in-ready semi-detached home with flexible living space and exceptional income potential in one of Mississauga's most established neighbourhoods. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 40 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This 5-bed single family in Mississauga (Mississauga Valleys) has been listed for 40 days, which is 20 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $888,000, about 11.1× the local median household income of $80,000.
Carrying it typically needs a household income of about $173,457 (20% down, 25-yr amortization, stress-tested) — roughly 117% above the area median.
Source: Statistics Canada, 2021 Census (FSA L5A)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.