$2,799,900 - 1577 Old Spar Court, Mississauga
Single Family Home for Sale in Mississauga
32 days on market- MLS Number
- W12380640
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 13,292 sqft
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Tucked away on a quiet court of just nine homes in the prestigious Rattray Park Estates, this Cape Codstyle residence offers 4,044 sq. ft. of living space and sits proudly on a rare 63 x 101 x 111 x 107 x 75' ft irregular lot- providing both privacy and room to grow. The main floor is designed for family living and entertaining alike. A separate dining room (or formal living room) with a bow window sets the stage for gatherings, while the eat-in kitchen impresses with stainless steel appliances, granite countertops, cherrywood cabinetry, and ample storage. Walk out to your oversized backyard oasis, complete with in-ground pool, irrigation system (front and back), expansive stone patio, manicured gardens, and gorgeous mature trees. The laundry room features custom built-in cabinetry, a separate entrance, mudroom, and direct access to the double car garage. A family room with a gas fireplace and bow window, a 2-piece bath, and a versatile office/sitting room round out this level. Upstairs, natural light pours in. The primary retreat boasts its own gas fireplace, 3-piece ensuite, and walk-in closet, complemented by three additional large bedrooms and a 4-piece bathroom. The fully finished basement extends the living space with a bedroom, 4-piece bath with double vanity and glass shower, and a spacious recreation room with durable ceramic wood tile flooring. Recent updates offer peace of mind: Furnace (2024), Roof (2024), Hot Water Heater (2023), AC (2023), Windows and Doors (2015), Hardwood Flooring (2015). All of this in a sought-after location, walking distance to Rattray Marsh Conservation Area, and just minutes to Jack Darling Memorial Park, Clarkson Community Centre, highway access, Clarkson GO, and everyday amenities. This home is a rare combination of lot size, luxury, and lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$12,384.90/mo
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.
1577 Old Spar Court, 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 25+ years of GTA real estate experience
Fair Market Value
At $1120/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 32 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.
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 4 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.
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 $11,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.