$2,850,000 - 1340 Contour Drive, Mississauga
Detached for Sale in Mississauga
43 days on market- MLS Number
- W13072444
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Impeccably renovated from top to bottom, this exceptional residence is nestled in the coveted Rattray Marsh community on a private half-acre lot. Offering nearly 4,000 sq ft of sun-filled living space, it seamlessly blends modern luxury with timeless elegance. Wide-plank engineered flooring, dramatic vaulted ceilings and large windows overlooking the serene landscape set the tone throughout. The stunning living room makes an unforgettable first impression with soaring ceilings, a floor-to-ceiling fireplace, and an oversized picture window. An elegant dining room is perfect for hosting, while the chef-inspired kitchen overlooks the serene backyard and boasts sleek cabinetry, quartz counters and backsplash, under-cabinet lighting, a 5-burner gas cooktop, wall ovens, Bosch dishwasher, and thoughtful built-in storage. An adjoining bar area with accent lighting, bar fridge, and sink is ideal for entertaining. The ground level offers a spacious family room or optional gym, a quiet home office, and a beautifully designed laundry/mudroom with custom cabinetry and ample storage. Upstairs, generous bedrooms feature vaulted ceilings and excellent closet space. Spa-like bathrooms showcase floating vanities, designer tile, and modern black fixtures. The primary suite is a true sanctuary, offering tranquil ravine views and a bespoke feature wall with integrated storage. The spa-inspired ensuite elevates daily living with a freestanding soaking tub, dual vanities, heated floors, a heated towel rack, and a sleek glass-enclosed shower. New Roof, New Garage Doors. A rare opportunity to own a turnkey luxury home in one of the area's most sought-after enclaves. A short stroll to fantastic parks- Rattray Marsh, Jack Darling Park, located in Lorne Park SS catchment, easily commute to downtown Toronto from the Clarkson GO- this home and location checks all the boxes.
Estimate your monthly payments for this property
Estimated Payment
$12,606.51/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.
1340 Contour 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
Fair Market Value
At $814/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 43 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 3 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.