2498 Mainroyal Street, Mississauga

Price: $839,900

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W12942040

Introducing 2498 Mainroyal Street in Mississauga - a charming and inviting semi-detached home offering exceptional space, comfort, and versatility for today's growing families. This well-appointed residence features three generously sized bedrooms on the upper level, providing ample room for rest and relaxation. The lower level offers two additional rooms, perfect for guests, home offices, a gym, or recreational space - ideal for multigenerational living or work-from-home flexibility. Designed with everyday living and entertaining in mind, the open-concept layout creates a seamless flow between living spaces. The tastefully updated kitchen showcases modern countertops, a stylish backsplash, and contemporary flooring that extends throughout the main living areas. Clean, thoughtful upgrades and modern finishes enhance the home's appeal while maintaining a warm and welcoming atmosphere. The primary bedroom features a private walkout to a serene deck - the perfect spot to enjoy your morning coffee or unwind in the evening. Oversized windows throughout the home flood the interior with natural light, creating a bright and airy ambiance, while generous closet space ensures practical, organized living. Outside, a rare six-car driveway provides exceptional parking convenience for large families and guests alike. The backyard offers a blank canvas ready for your personal touch - envision a garden oasis, children's play area, or stylish outdoor entertaining space. Whether you're upsizing, investing, or planting roots, this is an opportunity you won't want to overlook, with incredible space, thoughtful updates, and unbeatable parking, this home delivers outstanding value in today's market. This is more than just a house, it's a place to call home. Come see it for yourself and fall in love!

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$839,900 - 2498 Mainroyal Street, Mississauga

Semi-Detached for Sale in Mississauga

74 days on market

Neighbourhood: Erin Mills

5Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W12942040
Property Type
Semi-Detached
Status
active
Days on Site
74
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Introducing 2498 Mainroyal Street in Mississauga - a charming and inviting semi-detached home offering exceptional space, comfort, and versatility for today's growing families. This well-appointed residence features three generously sized bedrooms on the upper level, providing ample room for rest and relaxation. The lower level offers two additional rooms, perfect for guests, home offices, a gym, or recreational space - ideal for multigenerational living or work-from-home flexibility. Designed with everyday living and entertaining in mind, the open-concept layout creates a seamless flow between living spaces. The tastefully updated kitchen showcases modern countertops, a stylish backsplash, and contemporary flooring that extends throughout the main living areas. Clean, thoughtful upgrades and modern finishes enhance the home's appeal while maintaining a warm and welcoming atmosphere. The primary bedroom features a private walkout to a serene deck - the perfect spot to enjoy your morning coffee or unwind in the evening. Oversized windows throughout the home flood the interior with natural light, creating a bright and airy ambiance, while generous closet space ensures practical, organized living. Outside, a rare six-car driveway provides exceptional parking convenience for large families and guests alike. The backyard offers a blank canvas ready for your personal touch - envision a garden oasis, children's play area, or stylish outdoor entertaining space. Whether you're upsizing, investing, or planting roots, this is an opportunity you won't want to overlook, with incredible space, thoughtful updates, and unbeatable parking, this home delivers outstanding value in today's market. This is more than just a house, it's a place to call home. Come see it for yourself and fall in love!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,309.12/mo

Includes CMHC insurance ($23,433)

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5-yr fixed avg.

Principal: $755,910Interest: $513,393
Mortgage Amount$779,343
Total Interest$513,393
Est. Property Tax$595/mo
Total Cost$1,292,737

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: Erin Mills

Master-Planned Excellence

Erin Mills is one of Mississauga's most successful master-planned communities, developed by the Cadillac Fairview Corporation starting in the 1970s. The neighbourhood is renowned for its excellent schools, abundant green spaces, and well-designed street layouts. Erin Mills offers a complete suburban lifestyle with top-tier amenities, making it one of the most sought-after areas in the GTA.

Why Live in Erin Mills

  • Award-winning master-planned community
  • Excellent schools including top-ranked John Fraser SS
  • Erin Mills Town Centre shopping
  • Extensive parks and trail systems
  • Mix of housing from condos to executive homes

Nearby Schools

John Fraser Secondary SchoolPublic High School
St. Aloysius Gonzaga Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School
Sawmill Valley Public SchoolPublic Elementary

Transit & Commuting

  • Erin Mills Transitway
  • MiWay bus network
  • Highway 403 access
  • Close to Highway 401 and 407

Parks & Amenities

  • Erin Mills Town Centre
  • Credit Valley Conservation Areas
  • Erin Meadows Community Centre
  • Multiple golf courses nearby
  • Extensive trail systems

Lifestyle & Community

Erin Mills epitomizes successful suburban planning. Residents enjoy excellent schools, convenient shopping at Erin Mills Town Centre, and beautiful natural areas. The community attracts families seeking top-tier education and a safe, well-maintained environment.

58
Walk Score
$750K - $2M
Price Range

2498 Mainroyal Street, 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)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$595
Insurance (est.)-$175
Net Cash Flow+$2,830

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 $764/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.

Negotiation Opportunity

At 74 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.

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.

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.

About Erin Mills

I know Erin Mills well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    MLS# W12942040 — 2498 Mainroyal Street, Mississa… | Battaglia Team