$1,374,800 - 1311 Underwood Drive, Mississauga
Detached for Sale in Mississauga
Popular Listing- MLS Number
- W13011096
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- Royal Lepage Real Estate Associates
Rarely offered on a quiet, low-turnover street, this beautifully maintained detached home showcases approximately 3,137 sq. ft. of total living space on an exceptional 150-ft deep lot with no rear neighbours. Enjoy a fully fenced, private backyard-perfect for relaxing or entertaining. A separate basement entrance offers excellent in-law or future income potential. The bright, open-concept living and dining area is enhanced with hardwood flooring, large windows, custom trim moulding, and elegant lighting. A separate family room with ~9-ft ceilings is anchored by a cozy wood-burning fireplace with a quartz surround. The updated gourmet kitchen boasts extended cabinetry, granite countertops and flooring, a custom backsplash, centre island, & stainless steel appliances. A permitted breakfast area addition (2007) includes a walkout to the backyard. Upstairs, hardwood flooring and smooth ceilings continue throughout. The spacious primary retreat offers a walk-in closet & a 5-piece ensuite. Two additional generously sized bedrooms & a 4-piece bathroom with a jacuzzi tub complete the upper level. The finished lower level with separate entrance includes a kitchen, open living area,3-piece bath, private room, a dedicated custom walk-in closet space, & ample storage-ideal for extended family or potential suite use. Step outside to a true backyard oasis featuring an interlock patio, louvered pergola, above-ground pool with composite deck w/privacy fence (2021),hot tub, shed,and gas BBQ line. Additional updates include roof (~2 yrs), furnace (~3 yrs), electrical panel (~3 yrs), pool liner (~2 yrs), landscaping front entrance with railings (2024) & owned hot water tank. Ideally located close to parks, top-rated schools including Burnhamthorpe PS & Tomken Road Senior PS, shopping, transit (direct bus to Kipling), & major highways, and within walking distance to Burnhamthorpe CC & Library. Exceptionally well maintained-just move in & enjoy!
Estimate your monthly payments for this property
Estimated Payment
$6,081.20/mo
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.
1311 Underwood Drive, Mississauga
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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
Competitive Pricing
At $687/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,728 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.