$889,000

For sale

7443 Russian Olive Close, Mississauga (Lisgar) - Single Family for Sale

7443 Russian Olive Close, Mississauga (Lisgar), Ontario, L5N8N7

5 beds4 baths3 parking1,750 ft²22 × 113 ft (2,515 sq ft) lot sizeListed 31 days ago

Overview

This 5-bedroom, 4-bathroom home in Mississauga is for sale offering roughly 1,750 sq ft of space. Listed at $889,000, it is attractively priced about 23% below the $1,149,000 median asking price in Mississauga. It has been on the market 31 days, fresher than the Mississauga average of 34 days.

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Description

Welcome to this beautifully maintained, move-in-ready home located in one of the area's most desirable family-friendly communities. Featuring 9-foot ceilings on the main floor, this home offers a bright and spacious layout with elegant wood flooring throughout, stylish pot lights, and an updated modern kitchen perfect for everyday living and entertaining. This home is ready for you to move in and enjoy. The fully finished 2- bedroom basement apartment features a separate entrance through the garage, making it ideal for extended family, guests, or potential rental income. The extended driveway accommodates two vehicles, while major mechanical updates provide peace of mind, including a furnace and air conditioner (2019) and an owned water heater (2022). Perfectly situated within 1 mins walking distance to park and 4 mins walk to school, and just minutes from Lisgar GO Station. Easy Access Highways 401 and 407, Walmart, Costco Business Centre, restaurants, and shopping, this home combines comfort, convenience, and outstanding value in an unbeatable location. (id:66096)

Property Details

MLS®: W13866436
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 22 × 113 ft (2,515 sq ft)
Frontage: 22 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 7.71 x 3.45 meters
Dining room: 7.71 x 3.45 meters
Kitchen: 3.98 x 2.25 meters
Family room: 5.3 x 2.87 meters

Second level

Primary Bedroom: 4.02 x 4.08 meters
Bedroom 2: 4.02 x 4.75 meters
Bedroom 3: 2.98 x 3.6 meters

Basement

Living room: 3.07 x 3.62 meters
Bedroom 4: 3.65 x 3.3 meters

Features

Appliances: Washer, Dishwasher, Dryer, Microwave, Two stoves, Window Coverings, Water Heater, Two Refrigerators
Flooring: Hardwood, Laminate, Ceramic
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Mississauga (Lisgar) listings, avg age

34d

Price / ft²

$508

List price

$889K

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 5-bed single family in Mississauga (Lisgar) has been listed for 31 days, which is 3 days fresher than the city average of 34. Act while there is still low competition.

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Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE · ALI SYED

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5N)

This home lists at $889,000, about 7.2× the local median household income of $123,000.

Carrying it typically needs a household income of about $173,653 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $123,000
Population: 83,700
Median age: 40.4
Owner / renter: 83% / 17%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA L5N)

$889,000· $508/ft²

For sale

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Full Cost Breakdown

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Down Payment7.19% · $63,900

Min 7.19%50%

Mortgage payment$4,574/mo

↳ CMHC premium ($33,004 capitalized)

Property tax (est.)$487/mo

Total monthly$5,061

Cash Needed to Close

Down payment (7.19%)$63,900

Land transfer tax$14,255

Est. closing costs$5,167

Total cash needed$83,322

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