$950,000 - 118 Bonham Boulevard, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W13126458
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 6,000 sqft
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Detached 3 BedRoom + LEGAL 2 Bedroom Basement Apartment in Prime Streetsville! Bungalow on a premium 50 x 120 ft lot offering long-term value appreciation in one of Mississauga's most desirable neighborhoods. Ground Floor features 3 bedrooms with a bright open-concept layout, modern gourmet kitchen, spacious living area, and an updated full bathroom - ideal for owner-occupancy or Rental. Fully LEGAL 2-bedroom basement apartment includes an updated kitchen, full bathroom, and exclusive ensuite laundry - creating excellent income potential Or Use for your own living. Recent capital improvements include: New Driveway (2025), New Furnace (2024), and a Brand New Oversized Deck (2026), House is fully updated and very well maintained - Check Features and Improvements detailed List attached. Location drives value. Minutes to Highway 401, close to Streetsville GO Station, Credit Valley Hospital, major shopping centres, parks, and top-rated schools including Vista Heights Public School and Streetsville Secondary School. High demand rental pocket with strong tenant profile due to transit access and amenities. Ideal for investors seeking positive cash flow potential, multi-generational living, or live-up-and-rent-down strategy. A rare opportunity combining legal basement income, strong location fundamentals, and long-term appreciation potential. *** Check Attached List of Improvements & Virtual Tour ***
Estimate your monthly payments for this property
Estimated Payment
$4,873.99/mo
Includes CMHC insurance ($26,505)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
118 Bonham Boulevard, Mississauga
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1357/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.