$4,899,000 - 2416 Mississauga Road, Mississauga
Detached for Sale in Mississauga
81 days on market- MLS Number
- W12476807
- Property Type
- Detached
- Status
- active
- Days on Site
- 81
- Bedrooms
- 7
- Bathrooms
- 8
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Mississauga
- Lot Size
- 1 sqft
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Magnificent Mississauga Estate! Nestled in one of GTA most prestigious Streets, near mega mansion homes! This Mansion offers over 1/2 Acre lot creating a serene, Muskoka-Like Setting, features Quality Custom-Built Boasts outstanding size at 12,321 sqft of Living Space with 8900 sqft above grade (as per floor Plan), a Resort-Style Indoor Swimming Pool! Deep front setback ensures privacy, Exceptional Curb Appeal complemented by the Elegant Architecture, beautiful Landscaped garden, Mature trees, Iron fenced with 2 auto double-door Gates. From glass doors enclosed foyer, you are Invited by a soaring 2-story elegant foyer with solid brass art deco railing spiral stairs. Spectacular Family room features Cathedral-Like open & grand atmosphere. Impressive Living room & Dining rooms showcase 10.5' &10' coffered ceilings, with gorgeous 2-side fireplace between. The State-of-Art chef-inspired gourmet Kitchen features Luxurious elements & huge Custom island; Very spacious breakfast area w/o to sundeck. The office w/wood bookshelves & wall panels. 2 stairs leading to 2nd level, stunning overlooks the family room. Primary Bedroom features 2-side fireplace, new luxury 5pc ensuite, and large windows overlook back garden. Large 2nd bedroom has its own ensuite, A private stairs leading to the huge & tranquil 5th bedroom on 3rd floor offers its own cooling system. Entertaining basement boasts 9' ceiling, self-contained unit, Sauna, 2 bathrooms, Rec room with Wet Bar and walks up to the inspired Indoor Pool with Skylights, perfect for family activities! Interlocking front yard w/Circular Driveway, 3 walkouts leading to East facing back garden, perennial landscaped gardens provide outdoor entertaining and relaxing in tranquility! It located minutes from top-rated schools, shopping centers, Mississauga Golf & Country Club, UTM, Erindale Park, Go Station, easy QEW access. This Estate offers a First-Class Living experience with a blend of Peaceful Retreat & Enriched Home Comforts!!
Estimate your monthly payments for this property
Estimated Payment
$21,669.93/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.
2416 Mississauga Road, 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
Fair Market Value
At $980/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.
Negotiation Opportunity
At 81 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.
Larger Home Realities
At 5,000 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 7 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 8 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.