1550 Edencrest Drive, Mississauga

Price: $1,950,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W12891198

Welcome to 1550 Edencrest Drive, a stunning never-lived-in custom residence tucked within an exclusive private enclave, offering exceptional craftsmanship, luxury upgrades, and a rare opportunity to own a brand-new home in a highly desirable location. Thoughtfully designed with both elegance and functionality in mind, this home features hardwood floors throughout, soaring ceilings, expansive lead glass windows and open staircase that flood the space with natural light. The open-concept layout seamlessly blends modern luxury with comfortable living, making it ideal for both everyday living and entertaining. At the heart of the home is the designer chef's kitchen, complete with premium Fisher & Paykel appliances, custom cabinetry, and an elongated island with waterfall countertop. The kitchen flows effortlessly into the living and dining areas, anchored by extravagant statement fireplaces that add warmth and architectural elegance. A standout feature is the versatile third-floor loft, ideal as a private bedroom retreat or additional family room. This level includes a full bathroom and stunning fireplace, creating a cozy and luxurious space perfect for guests, a media lounge, or a private sanctuary. Every detail throughout the home has been carefully curated, including numerous pot lights, refined millwork, extra large closets, an elegant staircase, and high-end finishes that create a cohesive and elevated aesthetic. A rare highlight is the excavated space beneath the garage, already roughed-in for a private home theatre, offering incredible potential for a custom entertainment space. Enjoy a private backyard within this quiet enclave setting, just minutes from shopping, major malls, transit, and convenient access to the QEW.1550 Edencrest Drive offers the perfect blend of luxury, privacy, and modern convenience, ready for its very first owner to call home.

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$1,950,000 - 1550 Edencrest Drive, Mississauga

Detached for Sale in Mississauga

5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W12891198
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
KW Living Realty
Description

Welcome to 1550 Edencrest Drive, a stunning never-lived-in custom residence tucked within an exclusive private enclave, offering exceptional craftsmanship, luxury upgrades, and a rare opportunity to own a brand-new home in a highly desirable location. Thoughtfully designed with both elegance and functionality in mind, this home features hardwood floors throughout, soaring ceilings, expansive lead glass windows and open staircase that flood the space with natural light. The open-concept layout seamlessly blends modern luxury with comfortable living, making it ideal for both everyday living and entertaining. At the heart of the home is the designer chef's kitchen, complete with premium Fisher & Paykel appliances, custom cabinetry, and an elongated island with waterfall countertop. The kitchen flows effortlessly into the living and dining areas, anchored by extravagant statement fireplaces that add warmth and architectural elegance. A standout feature is the versatile third-floor loft, ideal as a private bedroom retreat or additional family room. This level includes a full bathroom and stunning fireplace, creating a cozy and luxurious space perfect for guests, a media lounge, or a private sanctuary. Every detail throughout the home has been carefully curated, including numerous pot lights, refined millwork, extra large closets, an elegant staircase, and high-end finishes that create a cohesive and elevated aesthetic. A rare highlight is the excavated space beneath the garage, already roughed-in for a private home theatre, offering incredible potential for a custom entertainment space. Enjoy a private backyard within this quiet enclave setting, just minutes from shopping, major malls, transit, and convenient access to the QEW.1550 Edencrest Drive offers the perfect blend of luxury, privacy, and modern convenience, ready for its very first owner to call home.

Mortgage Calculator

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Estimated Payment

$8,625.51/mo

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5-yr fixed avg.

Principal: $1,560,000Interest: $1,027,652
Mortgage Amount$1,560,000
Total Interest$1,027,652
Est. Property Tax$1,381/mo
Total Cost$2,587,652

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

1550 Edencrest Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,381
Insurance (est.)-$406
Net Cash Flow+$2,413

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

Competitive Pricing

At $650/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 18 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 3,000 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.

Excellent Flexibility

With 5 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 5 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.

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