2428 Old Carriage Road, Mississauga

Price: $2,799,990

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13433792

*RAVINE LOT* Nestled on one of Mississauga's most prestigious and sought-after streets, this exceptional residence offers a rare opportunity to own a spectacular ravine-backed property overlooking the Credit River and Credit Valley Golf & Country Club. Offering over 5,500 sq. ft. of exquisitely finished living space, this home combines luxury, privacy, and breathtaking views. Featuring 5 spacious bedrooms and 5 beautifully appointed bathrooms, the home is thoughtfully designed for both elegant entertaining and comfortable family living. A grand foyer with decorative granite flooring welcomes you inside, while rich hardwood flooring extends throughout the principal living areas. The kitchen features granite flooring and countertops along with premium Sub-Zero, Wolf, & Miele appliances. A stunning four-season sunroom showcases panoramic views of the golf course and surrounding natural landscape, creating the perfect space to relax year-round. The finished basement offers additional living & entertaining space with ceramic flooring & custom hardwood wall finishes. The luxurious master bedroom serves as a private retreat, complete with a four-season sitting room overlooking the valley, a walk-in closet, & a spa-inspired six-piece ensuite featuring heated floors, a double Jacuzzi tub, & a large steam sauna. The exterior is equally impressive, featuring extensive front & rear hardscaping, elegant light posts, wrought-iron fencing & gates, and an extraordinary outdoor entertaining area complete with built-in natural gas & charcoal BBQs, granite countertops, & a Jacuzzi. Additional features include a two-car garage with a finished epoxy floor, glass garage doors, a dedicated electrical subpanel, an aluminum roof with electronic ice-control system, comprehensive security & camera system, & a Wi-Fi water monitoring & automatic main shut-off system. A rare opportunity to own a distinguished luxury residence in one of Mississauga's most coveted neighbourhoods.

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New Listing
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$2,799,990 - 2428 Old Carriage Road, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago
5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13433792
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RIGHT AT HOME REALTY
Description

*RAVINE LOT* Nestled on one of Mississauga's most prestigious and sought-after streets, this exceptional residence offers a rare opportunity to own a spectacular ravine-backed property overlooking the Credit River and Credit Valley Golf & Country Club. Offering over 5,500 sq. ft. of exquisitely finished living space, this home combines luxury, privacy, and breathtaking views. Featuring 5 spacious bedrooms and 5 beautifully appointed bathrooms, the home is thoughtfully designed for both elegant entertaining and comfortable family living. A grand foyer with decorative granite flooring welcomes you inside, while rich hardwood flooring extends throughout the principal living areas. The kitchen features granite flooring and countertops along with premium Sub-Zero, Wolf, & Miele appliances. A stunning four-season sunroom showcases panoramic views of the golf course and surrounding natural landscape, creating the perfect space to relax year-round. The finished basement offers additional living & entertaining space with ceramic flooring & custom hardwood wall finishes. The luxurious master bedroom serves as a private retreat, complete with a four-season sitting room overlooking the valley, a walk-in closet, & a spa-inspired six-piece ensuite featuring heated floors, a double Jacuzzi tub, & a large steam sauna. The exterior is equally impressive, featuring extensive front & rear hardscaping, elegant light posts, wrought-iron fencing & gates, and an extraordinary outdoor entertaining area complete with built-in natural gas & charcoal BBQs, granite countertops, & a Jacuzzi. Additional features include a two-car garage with a finished epoxy floor, glass garage doors, a dedicated electrical subpanel, an aluminum roof with electronic ice-control system, comprehensive security & camera system, & a Wi-Fi water monitoring & automatic main shut-off system. A rare opportunity to own a distinguished luxury residence in one of Mississauga's most coveted neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,385.30/mo

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5-yr fixed avg.

Principal: $2,239,992Interest: $1,475,598
Mortgage Amount$2,239,992
Total Interest$1,475,598
Est. Property Tax$1,983/mo
Total Cost$3,715,590

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

2428 Old Carriage Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,983
Insurance (est.)-$583
Net Cash Flow+$1,884

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

Competitive Pricing

At $800/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.

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.

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 3,500 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 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 5 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.

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    2428 Old Carriage Road, Missi… — $2,799,990 | Battaglia Team