1589 Crediton Parkway, Mississauga

Price: $1,950,000

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12980260

Set on an expansive 100 x 175 ft lot on a quiet, tree-lined cul-de-sac, this property presents an exceptional opportunity in the prestigious Mineola East neighbourhood. Simply move in and appreciate the solid craftsmanship of the home's original era on this beautifully landscaped private footprint or explore the potential of RL zoning future development options. This move-in ready 3+1 bedroom, 2.5 bathroom bungalow features an updated open concept kitchen that's a chef's dream with granite countertops, a large granite island and stainless steel appliances including a gas stove. Just off the kitchen, the sunroom offers a bright and inviting seating area with large windows and a walk out to your own backyard oasis complete with a fenced inground pool, multiple lounging areas that are perfect for entertaining and even your own putting green. Mature trees surround the property providing exceptional privacy and a serene atmosphere.The finished basement features a separate entrance complete with a bedroom that has 2 closets, a full bathroom, recreation/family room and a kitchenette that has room for a table - perfect for guests or an in-law suite. Enjoy easy access to Lake Ontario, the harbour marina, yacht club, scenic waterfront trails, parks, and private golf courses. Located near some of Mississauga's top-rated schools and just a short drive to Toronto and Pearson Airport with convenient access to the QEW, 427, GO Station, and the upcoming LRT - a commuter's dream. Also just minutes from the vibrant heart of Port Credit, home to excellent restaurants, boutique shopping and lively seasonal festivals. Many updates over the years including exterior weeping tile, chimney, 200 amp panels (3), driveway and more. *See multimedia link for the video walkthrough

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$1,950,000 - 1589 Crediton Parkway, Mississauga

Detached for Sale in Mississauga

70 days on market
4Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12980260
Property Type
Detached
Status
active
Days on Site
70
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
KELLER WILLIAMS EDGE REALTY
Description

Set on an expansive 100 x 175 ft lot on a quiet, tree-lined cul-de-sac, this property presents an exceptional opportunity in the prestigious Mineola East neighbourhood. Simply move in and appreciate the solid craftsmanship of the home's original era on this beautifully landscaped private footprint or explore the potential of RL zoning future development options. This move-in ready 3+1 bedroom, 2.5 bathroom bungalow features an updated open concept kitchen that's a chef's dream with granite countertops, a large granite island and stainless steel appliances including a gas stove. Just off the kitchen, the sunroom offers a bright and inviting seating area with large windows and a walk out to your own backyard oasis complete with a fenced inground pool, multiple lounging areas that are perfect for entertaining and even your own putting green. Mature trees surround the property providing exceptional privacy and a serene atmosphere.The finished basement features a separate entrance complete with a bedroom that has 2 closets, a full bathroom, recreation/family room and a kitchenette that has room for a table - perfect for guests or an in-law suite. Enjoy easy access to Lake Ontario, the harbour marina, yacht club, scenic waterfront trails, parks, and private golf courses. Located near some of Mississauga's top-rated schools and just a short drive to Toronto and Pearson Airport with convenient access to the QEW, 427, GO Station, and the upcoming LRT - a commuter's dream. Also just minutes from the vibrant heart of Port Credit, home to excellent restaurants, boutique shopping and lively seasonal festivals. Many updates over the years including exterior weeping tile, chimney, 200 amp panels (3), driveway and more. *See multimedia link for the video walkthrough

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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

1589 Crediton Parkway, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,381
Insurance (est.)-$406
Net Cash Flow+$1,413

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1773/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 70 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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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    1589 Crediton Parkway, Mississauga | $1,950,000 | Battaglia Team