$2,999,000 - 2489 Olinda Court, Mississauga
Single Family Home for Sale in Mississauga
New — Listed 2 days ago- MLS Number
- W12877606
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 2
- Bedrooms
- 8
- Bathrooms
- 6
- Square Feet
- ~3,500 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Step inside this exceptional custom-built estate offering over 7,000 sq. ft. of refined living space designed for both grand entertaining and everyday comfort. A dramatic 22-ft open-to-above foyer welcomes you with custom cast-iron railings and rich cherry hardwood floors, setting the tone for the craftsmanship found throughout the home. At the heart of the residence is a beautifully appointed chef's kitchen featuring two oversized center islands, built-in stainless-steel appliances, granite countertops, and a sunlit breakfast area overlooking the private backyard. The adjoining two-storey family room is filled with natural light through striking floor-to-ceiling windows and anchored by a stately fireplace with custom built-ins, creating the perfect setting for both relaxed family living and elegant entertaining. The main-floor primary suite offers a private retreat with its own fireplace, spa-inspired five-piece ensuite, walk-in closet, and access to a private home office. Upstairs, three king-sized bedrooms, each with walk-in closets and ensuite access, surround a custom study loft with built-in cabinetry. The fully finished lower level features a three-bedroom, two-bath apartment with a separate entrance, modern kitchen, theatre room, mirrored gym, and recreation space, ideal for multi-generational living or rental potential. Outdoors, enjoy a private backyard oasis with an inground pool, expansive entertaining deck, and mature landscaping. Set on an almost half-acre lot with a three-car garage and twelve-car driveway, this home is located in Mississauga's prestigious Erindale community, minutes from Trillium Health Partners Hospital, Square One, top schools, and major highways including the QEW and 403.
Estimate your monthly payments for this property
Estimated Payment
$13,265.59/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.
2489 Olinda Court, 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 25+ years of GTA real estate experience
Fair Market Value
At $857/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.
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 8 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 6 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.