$789,000 - 1947 Bonnymede Drive, Mississauga
Semi-Detached for Sale in Mississauga
- MLS Number
- W13132292
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX Jazz INC.
Well-maintained & full of opportunity, this solid home offers a rare chance to get into thedesirable Clarkson area at an accessible entry point for buyers, investors, or those ready to add value over time. Owned by the same family since 1986, the property remains largely original, presenting a clean slate with incredible upside. Recently painted throughout the upper levels, it offers a fresh, neutral palette ready for your finishing touches. Originally designed as a 4-bedroom home, it is currently configured as 3 bedrooms but could easily be converted back to suit growing families or those needing additional space. Offering 2.5 bathrooms, the layout is functional & well-proportioned, with plenty of room to modernize to your taste. The fully finished basement presents excellent potential for additional living space or in-law capability, with existing plumbing already in place to support future development. Backing directly onto Sheridan Creek, the setting provides added privacy & a natural backdrop rarely found at this price point. Key mechanical updates include a furnace & central air conditioning system installed in 2021, along with fully updated attic insulation completed in 2023, improving comfort & efficiency. Upper levels have been freshly painted, while the basement remains original, offering further opportunity. Ideally located just steps from Clarkson GO Station and close to Lake Ontario, Jack Darling Memorial Park, and Rattray Marsh Conservation Area, the home also offers convenient access to the Clarkson Community Centre, schools, parks, public pool facilities, and shopping within walking distance. A true value-add property in a highly sought-after location-ideal for buyers willing to put in some work & capitalize on long-term upside.
Estimate your monthly payments for this property
Estimated Payment
$4,047.98/mo
Includes CMHC insurance ($22,013)
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.
1947 Bonnymede 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
Competitive Pricing
At $717/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 26 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.
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.
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.