$1,699,000 - 1643 Glenburnie Road, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W12893232
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
PERMIT-READY | BUILD YOUR DREAM ESTATE IN PRESTIGIOUS MINEOLA THIS SUMMER - An extraordinary opportunity awaits in the heart of Mineola, one of Mississauga's most coveted and prestigious enclaves. This is a rare, permit-approved offering-allowing you to bypass the lengthy approval process and begin construction immediately on a truly remarkable custom residence. Or explore the possibility of two semi-detached residences with garden suites. Set on a serene cul-de-sac surrounded by multimillion-dollar estates, this property comes with a visionary architectural design that harmoniously integrates the natural beauty of mature trees and a breathtaking ravine backyard. The result is a one-of-a-kind modern luxury home that celebrates privacy, nature, and refined living. Whether you choose to build independently or inquire about entrusting our elite development team to deliver a turnkey masterpiece, every detail has been thoughtfully considered. Opportunities also exist to further elevate the residence with premium features such as a year-round indoor swimming pool, creating a private resort-style sanctuary. Architectural renderings showcase a striking contemporary estate, offering exceptional upside and long-term value in this blue-chip location. In the interim, the existing bungalow provides immediate income potential, with projected rental returns of $3,000-$4,000 per month. The renovated main floor features a fresh, modern aesthetic with new flooring, updated finishes, two well-appointed bedrooms, and a full bath. An in-ground pool enhances the outdoor experience for summer enjoyment. Ideally positioned on a quiet, tree-lined street, this residence is moments from Lake Ontario, scenic parks including Mary Fix Park, and leading institutions such as Trillium Health Partners and Mentor College. Enjoy effortless access to upscale shopping, fine dining, and major highways including the QEW. This is more than a property-it is a canvas for an exceptional lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$7,515.25/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.
1643 Glenburnie Road, 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
Premium Pricing
At $1545/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 19 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.
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.
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 $7,079 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.