222 Winfield Terrace, Mississauga

Price: $899,900

3 bedrooms, 2 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12882308

First time on the market! This lovingly maintained home has been cared for by the same family since day one and is ready for its next chapter. Recently updated in 2025, freshly painted throughout, the home features a beautifully renovated kitchen and two modern bathrooms that offer both style and functionality. With no carpeting throughout, the home provides a clean and contemporary feel from top to bottom.The unfinished basement offers a fantastic opportunity to create additional living space tailored to your lifestyle when the time is right. Outside, enjoy numerous 2025 exterior upgrades, including a new two-tier deck, new storm door, fresh sod in both the front and backyard, and a newly installed interlocking walkway with driveway banding that enhances the home's curb appeal. Parking is easy with two side-by-side spaces in the driveway. Ideally located close to schools, parks, shopping, public transit, and everyday amenities, this home offers both comfort and convenience.With new lighting throughout (2025) and thoughtful updates already completed, all you have to do is move in and enjoy. Photos with furniture have been virtually staged.

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New Listing
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$899,900 - 222 Winfield Terrace, Mississauga

Single Family Home for Sale in Mississauga

New — Listed yesterday
3Beds
2Baths
~1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12882308
Property Type
Single Family Home
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
~1,100 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE REALTY PLUS OAKVILLE
Description

First time on the market! This lovingly maintained home has been cared for by the same family since day one and is ready for its next chapter. Recently updated in 2025, freshly painted throughout, the home features a beautifully renovated kitchen and two modern bathrooms that offer both style and functionality. With no carpeting throughout, the home provides a clean and contemporary feel from top to bottom.The unfinished basement offers a fantastic opportunity to create additional living space tailored to your lifestyle when the time is right. Outside, enjoy numerous 2025 exterior upgrades, including a new two-tier deck, new storm door, fresh sod in both the front and backyard, and a newly installed interlocking walkway with driveway banding that enhances the home's curb appeal. Parking is easy with two side-by-side spaces in the driveway. Ideally located close to schools, parks, shopping, public transit, and everyday amenities, this home offers both comfort and convenience.With new lighting throughout (2025) and thoughtful updates already completed, all you have to do is move in and enjoy. Photos with furniture have been virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,616.95/mo

Includes CMHC insurance ($25,107)

$
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5-yr fixed avg.

Principal: $809,910Interest: $550,069
Mortgage Amount$835,017
Total Interest$550,069
Est. Property Tax$637/mo
Total Cost$1,385,086

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

222 Winfield Terrace, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,976

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $818/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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