2488 Frankfield Road, Mississauga

Price: $1,138,500

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13211800

Fantastic 4 bedroom home nestled on a 50 by 120 foot lot with inground salt water pool and located in the family friendly neighbourhood of Sheridan Homelands. Spacious living/dining room area with hardwood floors, crown moulding, Hunter Douglas silhouette blinds, upgraded baseboards and trim. Updated kitchen with granite counter tops, ceramic backsplash, pot lighting, under cabinet lighting, filtered water tap, hardwood floors, and stainless steel appliances. Freshly painted throughout (2026), large mirrored front closet, 2 piece powder room, convenient interior entrance to garage, front and back entrance with granite floors. Primary bedroom retreat with 3 piece bathroom and walk-in closet. Second bedroom with his/her closets, and main 4 piece bathroom with built-in cabinetry. Finished basement with laminate floors, pot lighting, dry bar with mini fridge, updated laundry area with lots of counter space and front load Kenmore washer/dryer, office/5th bedroom with built-in desk and French doors, recreation area with gas fireplace with custom mantle and granite surround. Great curb appeal with stone walkway, updated siding and eaves, front door with beveled glass, accent lighting front/back, and inground sprinklers front/back. Backyard oasis with stone patio, stone pool surround, two gardens sheds, electric awning with front black out shade, and gorgeous professionally landscaped gardens. Conveniently located close to schools, parks, trails, shopping, transit, highways, Clarkson Go Station, South Common Recreation Centre, tennis/pickleball, sports fields, and University of Toronto (UTM).

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New Listing
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$1,138,500 - 2488 Frankfield Road, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13211800
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Fantastic 4 bedroom home nestled on a 50 by 120 foot lot with inground salt water pool and located in the family friendly neighbourhood of Sheridan Homelands. Spacious living/dining room area with hardwood floors, crown moulding, Hunter Douglas silhouette blinds, upgraded baseboards and trim. Updated kitchen with granite counter tops, ceramic backsplash, pot lighting, under cabinet lighting, filtered water tap, hardwood floors, and stainless steel appliances. Freshly painted throughout (2026), large mirrored front closet, 2 piece powder room, convenient interior entrance to garage, front and back entrance with granite floors. Primary bedroom retreat with 3 piece bathroom and walk-in closet. Second bedroom with his/her closets, and main 4 piece bathroom with built-in cabinetry. Finished basement with laminate floors, pot lighting, dry bar with mini fridge, updated laundry area with lots of counter space and front load Kenmore washer/dryer, office/5th bedroom with built-in desk and French doors, recreation area with gas fireplace with custom mantle and granite surround. Great curb appeal with stone walkway, updated siding and eaves, front door with beveled glass, accent lighting front/back, and inground sprinklers front/back. Backyard oasis with stone patio, stone pool surround, two gardens sheds, electric awning with front black out shade, and gorgeous professionally landscaped gardens. Conveniently located close to schools, parks, trails, shopping, transit, highways, Clarkson Go Station, South Common Recreation Centre, tennis/pickleball, sports fields, and University of Toronto (UTM).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,035.97/mo

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5-yr fixed avg.

Principal: $910,800Interest: $599,991
Mortgage Amount$910,800
Total Interest$599,991
Est. Property Tax$806/mo
Total Cost$1,510,791

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

2488 Frankfield Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$806
Insurance (est.)-$237
Net Cash Flow+$2,557

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 $759/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.

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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