$3,900,000 - 1690 Sherway Drive, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W13107154
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 2 sqft
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Set on an extraordinary ultra-private 1.8-acre lot and backing onto the scenic Etobicoke Creek, 1690 Sherway Dr presents a rare opportunity with future potential in one of Mississauga's most coveted settings. The expansive parcel, set above the ravine, provides exceptional usable space, creating a compelling opportunity to enjoy the existing home, expand it, or reimagine the lot, including the potential to build your custom dream estate of significant scale, approximately 6,000 SF or more. For builders and end users alike, the lot size, privacy, and natural setting make this a truly one-of-a-kind offering. Surrounded by mature trees, lush ravine greenery, and a level of seclusion rarely found within the city, the existing 4-bedroom, 4-bathroom residence offers over 3,600 SF of total living space filled with warmth and natural light. Hardwood flooring, oversized windows, and tranquil ravine views create an inviting atmosphere throughout. The vaulted family room with a wood-burning fireplace anchors the main level, while the chef's kitchen features Caesarstone countertops, a centre island, and picturesque backyard views. The skylit upper level offers a primary retreat with walk-in closets and ensuite, plus three generously sized bedrooms. The finished lower level adds recreation space and multigenerational living potential. Outdoors, the property transforms into a private, resort-inspired setting with expansive entertaining areas overlooking the saltwater in-ground pool, beautifully landscaped grounds, mature trees, and a serene backdrop. A detached cottage-style bungalow with a kitchen and 4-piece bath adds versatility as a guest house, studio, or private office. Whether your vision is to move in, expand, or potentially sever and build on the buildable parcel, this property delivers the canvas. Conveniently located near top-rated schools, parks, golf courses, Sherway Gardens Shopping Mall, Toronto Pearson Airport and major highways (QEW, 401, 427 & 403).
Estimate your monthly payments for this property
Estimated Payment
$17,251.02/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.
1690 Sherway 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
Premium Pricing
At $1560/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 21 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.
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.