$1,199,777 - 1540 Trotwood Avenue, Mississauga
Detached for Sale in Mississauga
45 days on market- MLS Number
- W13074412
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Unlock the full potential of this solid brick bungalow set on a premium 52' x 138.5' lot in one of Mississauga's most desirable neighbourhoods. Surrounded by luxury custom homes, this is a rare opportunity to renovate, rebuild, or design your dream residence in a high-demand pocket with proven long-term value. This property offers a functional layout with 3 bedrooms, 2 bathrooms, and a separate entrance to the lower level-ideal for creating an income suite or in-law setup. The spacious basement features a large recreation area, wood-burning fireplace, and wet bar, providing a strong foundation for those looking to modernize and add value. An additional room offers flexibility for a home office, gym, or workshop conversion. The deep lot delivers exceptional privacy with a peaceful, tree-lined backdrop-perfect for a custom build or luxury outdoor living space. With no sidewalk, the property accommodates multiple vehicles with ease, including a private driveway and attached garage. Located just minutes from Port Credit, the waterfront, marinas, restaurants, and top-rated schools. Enjoy quick access to GO Transit, major highways, downtown Toronto, and Pearson Airport-making this location ideal for both end-users and future resale.Whether you're a builder looking for your next project, an investor seeking upside, or a handyman ready to transform a property in a premium location-this is your opportunity to create something exceptional in Mineola.
Estimate your monthly payments for this property
Estimated Payment
$5,455.62/mo
Includes CMHC insurance ($26,875)
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.
1540 Trotwood Avenue, 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
Premium Pricing
At $1714/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.
Market Position
At 45 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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.