$1,999,000

$2,199,000For salePrice drop↓ $200,000 (9%)

5054 Terry Fox Way, Mississauga (East Credit) - Single Family for Sale

5054 Terry Fox Way, Mississauga (East Credit), Ontario, L5V1R7

9 beds7 baths9 parking4,250 ft²46 × 158 ft (7,234 sq ft) lot sizeListed 24 days ago

Overview

This 9-bedroom, 7-bathroom home in Mississauga is for sale offering roughly 4,250 sq ft of space. It has been on the market 24 days, fresher than the Mississauga average of 53 days.

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Description

Exceptional Executive Home | Luxury, Space & Elegance!**Discover this stunning, sun-filled executive home offering over **5,500 sq. ft. of luxurious living space**. Featuring soaring cathedral ceilings, pot lights, intercom throughout, and a spectacular oversized skylight. The spacious eat-in kitchen overlooks the family room, and two-level deck offer ideal spaces for relaxing and entertaining.The elegant primary bedroom features a private balcony. Additional highlights include main-floor laundry, direct garage access, professionally landscaped front and back yards, and a stamped concrete driveway and walkway with no sidewalk.**Prime Location!** Minutes to Square One, Heartland Town Centre, shopping, GO Transit, major highways, and Rick Hansen Secondary School.**Proudly offered by the original owner, this exceptional home combines space, elegance, and convenience. A must-see property! (id:66096)

Property Details

MLS®: W14024022
Property Type: Single Family
Bedrooms: 9
Beds (above / below): 5 above · 4 below
Bathrooms: 7
Half Baths: 3
Parking: 9
Interior Size: 4,250 ft²
Lot Size: 46 × 158 ft (7,234 sq ft)
Frontage: 45 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Second level

Bedroom 4: 4.27 x 3.48 meters
Bedroom 5: 3.36 x 3.05 meters
Primary Bedroom: 7.56 x 5.49 meters
Bedroom 2: 5.67 x 5.12 meters
Bedroom 3: 4.82 x 4.03 meters

Main level

Living room: 5.19 x 3.66 meters
Dining room: 4.45 x 3.97 meters
Family room: 5.49 x 3.66 meters
Kitchen: 3.36 x 3.36 meters
Eating area: 5.49 x 3.78 meters

Features

Appliances: Washer, Refrigerator, Water meter, Central Vacuum, Intercom, Dishwasher, Stove, Dryer, Microwave, Garage door opener remote(s)
Flooring: Hardwood, Ceramic
Foundation: Block, Brick
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

24d

Mississauga (East Credit) listings, avg age

53d

Price / ft²

$470

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 9-bed single family in Mississauga (East Credit) has been listed for 24 days, which is 29 days fresher than the city average of 53. Act while there is still low competition.

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Listed by HOMELINK REALTY LTD. · MUJEEB KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5V)

This home lists at $1,999,000, about 15.9× the local median household income of $126,000.

Carrying it typically needs a household income of about $390,475 (20% down, 25-yr amortization, stress-tested) — roughly 210% above the area median.

Median household income: $126,000
Population: 49,149
Median age: 39.6
Owner / renter: 83% / 18%
Avg. household size: 3.6

Source: Statistics Canada, 2021 Census (FSA L5V)

$1,999,000· $470/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $399,800

Min 20%50%

Mortgage payment$8,525/mo

Property tax (est.)$928/mo

Total monthly$9,453

Cash Needed to Close

Down payment (20%)$399,800

Land transfer tax$36,455

Est. closing costs$8,497

Total cash needed$444,752

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