$1,099,000 - 1602 Carletta Drive, Mississauga
Detached for Sale in Mississauga
54 days on market- MLS Number
- W13036926
- Property Type
- Detached
- Status
- active
- Days on Site
- 54
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Completely Renovated Three-Bedroom Bungalow at an Extremely Attractive Price Point. Fantastic Private Backyard with No Neighbours, a Two-Tiered Deck, and Desirable Southwest Exposure. This Family-Oriented Home Features an Updated Designer Kitchen with Granite Countertops, Stainless Steel Appliances, and Convenient Eat-In Area, Complemented by Hardwood Floors Throughout the Main Level. The Spacious Living and Dining Room Areas are Perfect for Entertaining. The Main Level also Features Three Bedrooms, with the Primary Suite Featuring a Walk-Out to the Backyard, as well on this level there is a Modernized and Spacious Five Piece Bathroom. While the Finished Basement Offers Additional Living Space which Features a Combined Family and Recreation Room with Vinyl Flooring and a Wood-Burning Fireplace. The Lower Level also Contains a 3 Piece Bathroom, and a Handy, Large Storage/Utility/ Laundry Area that Could be used to add a Bedroom or Kitchen Area Down the Road . Garage is Spacious with Lots of Storage, Including a Custom Built Mezzanine Storage Area with Stairs up to it. Recent Upgrades include New Roof Shingles (2022) and a Air Conditioning Unit (2021). Highly Sought-After South Mississauga Neighbourhood that is great for Young Families, with the Sherway Homeowners Association, Easter Egg Hunt, A Spring Community Garage Sale, and Laughton Heights Park within Walking Distance Featuring Swings, Tennis Courts, Basketball Courts , A Hockey Rink in the Winter, and Access to a Etobicoke Creek Path that leads to the Lake. Just Minutes from Etobicoke and Sherway Gardens Shopping Mall. Conveniently Located Near Top-Rated Schools, Shopping, Major Highways, such as the QEW, and Public Transit including being minutes to the Dixie GO. Bonus: One Land Transfer Tax!
Estimate your monthly payments for this property
Estimated Payment
$4,861.25/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.
1602 Carletta Drive, 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
Fair Market Value
At $999/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.
Negotiation Opportunity
At 54 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.
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.
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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.