1481 Garnet Avenue, Mississauga

Price: $1,100,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13247058

Nestled on a premium 66 x 134.65 ft corner lot in sought-after Mineola, this detached 1.5-storey home offers a rare opportunity to make your mark in one of Mississauga's most desirable neighbourhoods. Featuring 2 bedrooms, 1 bathroom, a detached 2 car garage, and approximately 937 sq ft above grade, the property presents endless potential for those looking to renovate, update, expand, or create a custom vision over time. Surrounded by mature trees and established homes, this exceptional lot offers both immediate enjoyment and future possibilities. Conveniently located near parks, schools, shopping, transit, and major highways. An outstanding opportunity to secure a premium piece of Mineola and bring your vision to life.

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$1,100,000 - 1481 Garnet Avenue, Mississauga

Detached for Sale in Mississauga

Popular Listing
2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13247058
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Nestled on a premium 66 x 134.65 ft corner lot in sought-after Mineola, this detached 1.5-storey home offers a rare opportunity to make your mark in one of Mississauga's most desirable neighbourhoods. Featuring 2 bedrooms, 1 bathroom, a detached 2 car garage, and approximately 937 sq ft above grade, the property presents endless potential for those looking to renovate, update, expand, or create a custom vision over time. Surrounded by mature trees and established homes, this exceptional lot offers both immediate enjoyment and future possibilities. Conveniently located near parks, schools, shopping, transit, and major highways. An outstanding opportunity to secure a premium piece of Mineola and bring your vision to life.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $880,000Interest: $579,701
Mortgage Amount$880,000
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,701

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

1481 Garnet Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$1,392

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1571/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.

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.

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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1481 Garnet Avenue, Mississauga | $1,100,000 | Battaglia Team