1710 Carrington Road, Mississauga

Price: $3,588,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12808166

A rare chance to secure a substantial 0.531-acre parcel in the East Credit community, one of Mississauga's most established and vibrant neighbourhoods. The Committee of Adjustment granted consent approval to divide the existing parcel into six residential lots, permitting the development of three pairs of semi-detached homes. This represents a significant planning milestone and positions the property for strategic redevelopment. The approved configuration includes five lots with 9.0 metre frontages and approximately 342.90 square metres each, and one corner lot with an 11.23 metre frontage and approximately 420 square metres. Zoned RL, the property permits both detached and semi-detached dwellings, providing flexibility in design and end-user positioning. Ideally located minutes from Streetsville GO Station, Erin Mills Town Centre, and Credit Valley Hospital, and within close proximity to highly regarded schools including St. Aloysius Gonzaga Secondary School, this location supports strong resale fundamentals. Convenient access to Highways 401 and 403, along with trails along the Credit River, further enhances long-term appeal. With consent approval secured, this offering presents a compelling opportunity for builders and investors seeking scale, flexibility, and a strategic position within one of Mississauga's most established neighbourhoods.

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$3,588,000 - 1710 Carrington Road, Mississauga

Detached for Sale in Mississauga

110 days on market
5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12808166
Property Type
Detached
Status
active
Days on Site
110
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Lot Size
1 sqft
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

A rare chance to secure a substantial 0.531-acre parcel in the East Credit community, one of Mississauga's most established and vibrant neighbourhoods. The Committee of Adjustment granted consent approval to divide the existing parcel into six residential lots, permitting the development of three pairs of semi-detached homes. This represents a significant planning milestone and positions the property for strategic redevelopment. The approved configuration includes five lots with 9.0 metre frontages and approximately 342.90 square metres each, and one corner lot with an 11.23 metre frontage and approximately 420 square metres. Zoned RL, the property permits both detached and semi-detached dwellings, providing flexibility in design and end-user positioning. Ideally located minutes from Streetsville GO Station, Erin Mills Town Centre, and Credit Valley Hospital, and within close proximity to highly regarded schools including St. Aloysius Gonzaga Secondary School, this location supports strong resale fundamentals. Convenient access to Highways 401 and 403, along with trails along the Credit River, further enhances long-term appeal. With consent approval secured, this offering presents a compelling opportunity for builders and investors seeking scale, flexibility, and a strategic position within one of Mississauga's most established neighbourhoods.

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Estimated Payment

$15,870.93/mo

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5-yr fixed avg.

Principal: $2,870,400Interest: $1,890,880
Mortgage Amount$2,870,400
Total Interest$1,890,880
Est. Property Tax$2,542/mo
Total Cost$4,761,280

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

1710 Carrington Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$2,542
Insurance (est.)-$748
Net Cash Flow+$410

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 $1794/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 110 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.

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 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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    1710 Carrington Road, Mississauga | $3,588,000 | Battaglia Team