1656 Carrington Road, Mississauga

Price: $1,788,000

5 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13077870

Welcome Home! Spacious 4+1 bedroom, 4-bathroom residence offering over 3,000 sq. ft. of finished living space. Nestled on a quiet, premium 50x120 ft lot, this home features hardwood floors throughout the main and second levels and professionally landscaped yard in the heart of East Credit. The main floor features a gourmet kitchen with granite countertops, a center island, and a bright breakfast area with a picture window overlooking the yard. Relax in the spacious family room with a cozy fireplace and walk-out to a private deck. The Master Bedroom with 4pcs Ensuite Bathroom and walk in Closet. The finished basement is an entertainer's dream, complete with a recreation room, wet bar, second fireplace, and a 3-piece bath with a sauna. Just minutes to the historic Village of Streetsville, Credit River trails, and the GO Station. Luxury living at its finest!

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$1,788,000 - 1656 Carrington Road, Mississauga

Detached for Sale in Mississauga

43 days on market
5Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13077870
Property Type
Detached
Status
active
Days on Site
43
Bedrooms
5
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Welcome Home! Spacious 4+1 bedroom, 4-bathroom residence offering over 3,000 sq. ft. of finished living space. Nestled on a quiet, premium 50x120 ft lot, this home features hardwood floors throughout the main and second levels and professionally landscaped yard in the heart of East Credit. The main floor features a gourmet kitchen with granite countertops, a center island, and a bright breakfast area with a picture window overlooking the yard. Relax in the spacious family room with a cozy fireplace and walk-out to a private deck. The Master Bedroom with 4pcs Ensuite Bathroom and walk in Closet. The finished basement is an entertainer's dream, complete with a recreation room, wet bar, second fireplace, and a 3-piece bath with a sauna. Just minutes to the historic Village of Streetsville, Credit River trails, and the GO Station. Luxury living at its finest!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,908.93/mo

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5-yr fixed avg.

Principal: $1,430,400Interest: $942,278
Mortgage Amount$1,430,400
Total Interest$942,278
Est. Property Tax$1,267/mo
Total Cost$2,372,678

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

1656 Carrington Road, 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)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,267
Insurance (est.)-$373
Net Cash Flow+$2,560

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

Competitive Pricing

At $596/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 43 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 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.

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    1656 Carrington Road, Mississauga | $1,788,000 | Battaglia Team