2498 Frankfield Road, Mississauga

Price: $1,200,000

2 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12979780

Welcome Home to this fully custom-designed backsplit that blends elevated finishes with functional living.The main level features a chef-inspired kitchen with oversized built-in appliances, including a double-door refrigerator, induction cooktop, and built-in wall oven. Extensive cabinetry and deep drawers provide ample storage, while the oversized island-with integrated electrical-offers additional workspace and seating, overlooking the living area and flowing into the dining space with a skylight above. Large windows throughout are fitted with custom remote-controlled blinds. The upper level features two bedrooms, including a primary suite complete with a fully customized walk-in closet with built-in shelving and a vanity station, as well as a spa-like ensuite with skylight, double sinks, a custom soaker tub, and a glass-enclosed rain shower with built-in shelving. The lower level provides a spacious open-concept area with a custom built-in shelving wall, ideal for an entertainment space, along with a full bathroom with stand-up shower, utility room, and crawl space for additional storage. Additional upgrades include high-end fiber glass doors and pot lights throughout, a water softener, and a whole-home chlorine filtration system. Enjoy a fully fenced backyard with a deck, perfect for both entertaining and everyday living.

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New Listing
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$1,200,000 - 2498 Frankfield Road, Mississauga

Detached for Sale in Mississauga

New — Listed 7 days ago
2Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12979780
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX MILLENNIUM REAL ESTATE
Description

Welcome Home to this fully custom-designed backsplit that blends elevated finishes with functional living.The main level features a chef-inspired kitchen with oversized built-in appliances, including a double-door refrigerator, induction cooktop, and built-in wall oven. Extensive cabinetry and deep drawers provide ample storage, while the oversized island-with integrated electrical-offers additional workspace and seating, overlooking the living area and flowing into the dining space with a skylight above. Large windows throughout are fitted with custom remote-controlled blinds. The upper level features two bedrooms, including a primary suite complete with a fully customized walk-in closet with built-in shelving and a vanity station, as well as a spa-like ensuite with skylight, double sinks, a custom soaker tub, and a glass-enclosed rain shower with built-in shelving. The lower level provides a spacious open-concept area with a custom built-in shelving wall, ideal for an entertainment space, along with a full bathroom with stand-up shower, utility room, and crawl space for additional storage. Additional upgrades include high-end fiber glass doors and pot lights throughout, a water softener, and a whole-home chlorine filtration system. Enjoy a fully fenced backyard with a deck, perfect for both entertaining and everyday living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,308.00/mo

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5-yr fixed avg.

Principal: $960,000Interest: $632,401
Mortgage Amount$960,000
Total Interest$632,401
Est. Property Tax$850/mo
Total Cost$1,592,401

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

2498 Frankfield Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$1,300

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.

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 $5,000 (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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