1447 Merrow Road, Mississauga

Price: $1,799,000

6 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12592798

Fabulous Builders Lot Or Dream Family Home In Prime Mississauga. A Rare Opportunity To Own A Sprawling 100 Ft x 140 Ft Lot In One Of Mississauga's Most Coveted Neighbourhoods. Whether You're Looking To Build A Custom Estate, Or Settle Into A Spacious Family Home, This Mid-Century Ranch-Style Bungalow Offers Endless Possibilities. The Existing Residence Features Over 2,500 Sq Ft Of Finished Living Space, Including A Bright And Functional Main Floor With Four Generously Sized Bedrooms, An Updated Primary Suite With Ensuite, And Modern Flooring Throughout. Designed With Entertaining In Mind, The Formal Dining Room Is Thoughtfully Tucked Between The Kitchen And The Expansive Living Room. The Sun-Filled Living Area Boasts A Large Picture Window Overlooking Mature Trees And A Classic Wood-Burning Fireplace Perfect For Cozy Family Nights. A Central Skylight Floods The Interior With Natural Light, Enhancing The Homes Warm And Inviting Atmosphere. The Fully Finished Lower Level Offers Two Extra-Large Bedrooms, A Spacious Recreation Area, And A Walk-Out To The Lush Backyard Ideal For Extended Family, A Teen Retreat, Or Income Potential. Nestled On A Quiet, Tree-Lined Street, Yet Just Steps From Top-Ranked Schools, Community Trails, Parks, And Everyday Amenities. Complete With A Double-Car Garage And A Wide Driveway With Ample Parking. Let's make a deal.

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active
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$1,799,000 - 1447 Merrow Road, Mississauga

Detached for Sale in Mississauga

66 days on market
6Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12592798
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
6
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Lot Size
14,090 sqft
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Fabulous Builders Lot Or Dream Family Home In Prime Mississauga. A Rare Opportunity To Own A Sprawling 100 Ft x 140 Ft Lot In One Of Mississauga's Most Coveted Neighbourhoods. Whether You're Looking To Build A Custom Estate, Or Settle Into A Spacious Family Home, This Mid-Century Ranch-Style Bungalow Offers Endless Possibilities. The Existing Residence Features Over 2,500 Sq Ft Of Finished Living Space, Including A Bright And Functional Main Floor With Four Generously Sized Bedrooms, An Updated Primary Suite With Ensuite, And Modern Flooring Throughout. Designed With Entertaining In Mind, The Formal Dining Room Is Thoughtfully Tucked Between The Kitchen And The Expansive Living Room. The Sun-Filled Living Area Boasts A Large Picture Window Overlooking Mature Trees And A Classic Wood-Burning Fireplace Perfect For Cozy Family Nights. A Central Skylight Floods The Interior With Natural Light, Enhancing The Homes Warm And Inviting Atmosphere. The Fully Finished Lower Level Offers Two Extra-Large Bedrooms, A Spacious Recreation Area, And A Walk-Out To The Lush Backyard Ideal For Extended Family, A Teen Retreat, Or Income Potential. Nestled On A Quiet, Tree-Lined Street, Yet Just Steps From Top-Ranked Schools, Community Trails, Parks, And Everyday Amenities. Complete With A Double-Car Garage And A Wide Driveway With Ample Parking. Let's make a deal.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,957.58/mo

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5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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

1447 Merrow Road, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$2,351

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 $1199/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.

Negotiation Opportunity

At 66 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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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