1434 Petrie Way, Mississauga

Price: $1,888,000

6 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12955798

Tucked into one of Mississauga's most sought-after communities, this custom-renovated raised bungalow on Petrie Way is a rare offering with the warmth of a true family home. From the moment you step through the double-height foyer, flooded with natural light and anchored by gleaming large-format porcelain floors, you sense that every detail here was chosen with intention. The main floor flows seamlessly, connecting the principal rooms in a way that invites gatherings of every size. Coffered ceilings add depth overhead, while the stunning stone feature wall anchors the living room, complete with a fireplace that warms the winters and becomes the backdrop of a thousand family moments. The chef's kitchen is both a workspace and a showpiece. Custom cabinetry in rich dark tones, a waterfall quartz island, breakfast bar, built-in appliances, and generous countertop space allow two cooks to move comfortably while the island becomes the natural gathering spot when friends arrive. Step through to the sun-drenched family room and feel the shift: soaring ceilings, panoramic windows on three sides, clerestory glass above, and sliding doors that dissolve the boundary between indoors and out. Walk out to the spacious backyard, ideal for entertaining, summer barbecues, or quiet evenings outdoors. Three bedrooms occupy the main floor. The primary suite is a genuine retreat with a yard walkout, walk-in closet, and 3-piece ensuite. Two additional well-sized bedrooms with closets complete the level. Below, a self-contained apartment with a separate entrance offers three bedrooms, 5-piece bath, kitchen, family room, and backyard walkout. Multigenerational families and investors alike will recognize the extraordinary potential. A location celebrated for excellent schools, mature tree-lined streets, quick QEW and GO access, steps to Rattray Marsh, Jack Darling Memorial Park, and all that Clarkson Village has to offer.

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active
New Listing
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$1,888,000 - 1434 Petrie Way, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday
6Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12955798
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
6
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Lot Size
7,513 sqft
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Tucked into one of Mississauga's most sought-after communities, this custom-renovated raised bungalow on Petrie Way is a rare offering with the warmth of a true family home. From the moment you step through the double-height foyer, flooded with natural light and anchored by gleaming large-format porcelain floors, you sense that every detail here was chosen with intention. The main floor flows seamlessly, connecting the principal rooms in a way that invites gatherings of every size. Coffered ceilings add depth overhead, while the stunning stone feature wall anchors the living room, complete with a fireplace that warms the winters and becomes the backdrop of a thousand family moments. The chef's kitchen is both a workspace and a showpiece. Custom cabinetry in rich dark tones, a waterfall quartz island, breakfast bar, built-in appliances, and generous countertop space allow two cooks to move comfortably while the island becomes the natural gathering spot when friends arrive. Step through to the sun-drenched family room and feel the shift: soaring ceilings, panoramic windows on three sides, clerestory glass above, and sliding doors that dissolve the boundary between indoors and out. Walk out to the spacious backyard, ideal for entertaining, summer barbecues, or quiet evenings outdoors. Three bedrooms occupy the main floor. The primary suite is a genuine retreat with a yard walkout, walk-in closet, and 3-piece ensuite. Two additional well-sized bedrooms with closets complete the level. Below, a self-contained apartment with a separate entrance offers three bedrooms, 5-piece bath, kitchen, family room, and backyard walkout. Multigenerational families and investors alike will recognize the extraordinary potential. A location celebrated for excellent schools, mature tree-lined streets, quick QEW and GO access, steps to Rattray Marsh, Jack Darling Memorial Park, and all that Clarkson Village has to offer.

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Estimated Payment

$8,351.26/mo

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5-yr fixed avg.

Principal: $1,510,400Interest: $994,978
Mortgage Amount$1,510,400
Total Interest$994,978
Est. Property Tax$1,337/mo
Total Cost$2,505,378

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.

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Neighbourhood Guide: Mississauga

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

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

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.

70
Walk Score
Varies
Price Range

1434 Petrie Way, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$1,337
Insurance (est.)-$393
Net Cash Flow+$2,270

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1259/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Excellent Flexibility

With 6 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.

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.

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.

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