2498 Mainroyal Street, Mississauga

Price: $839,900

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13178244

Introducing 2498 Mainroyal Street in Mississauga - a charming and inviting semi-detached homeoffering exceptional space, comfort, and versatility for today's growing families. This well-appointed residence features three generously sized bedrooms on the upper level, providingample 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 orwork-from-home flexibility. Designed with everyday living and entertaining in mind, theopen-concept layout creates a seamless flow between living spaces. The tastefully updated kitchen showcases modern countertops, a stylish backsplash, and contemporary flooring thatextends 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 withnatural light, creating a bright and airy ambiance, while generous closet space ensures practical, organized living. Outside, a rare six-car driveway provides exceptional parkingconvenience for large families and guests alike. The backyard offers a blank canvas ready foryour 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 anopportunity you won't want to overlook, with incredible space, thoughtful updates, andunbeatable parking, this home delivers outstanding value in today's market. This is more thanjust a house, it's a place to call home. Come see it for yourself and fall in love!

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active
New Listing
1/50

$839,900 - 2498 Mainroyal Street, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed yesterday
5Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13178244
Property Type
Semi-Detached
Status
active
Days on Site
1
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 homeoffering exceptional space, comfort, and versatility for today's growing families. This well-appointed residence features three generously sized bedrooms on the upper level, providingample 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 orwork-from-home flexibility. Designed with everyday living and entertaining in mind, theopen-concept layout creates a seamless flow between living spaces. The tastefully updated kitchen showcases modern countertops, a stylish backsplash, and contemporary flooring thatextends 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 withnatural light, creating a bright and airy ambiance, while generous closet space ensures practical, organized living. Outside, a rare six-car driveway provides exceptional parkingconvenience for large families and guests alike. The backyard offers a blank canvas ready foryour 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 anopportunity you won't want to overlook, with incredible space, thoughtful updates, andunbeatable parking, this home delivers outstanding value in today's market. This is more thanjust 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%10%50%

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: 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 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.

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.

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 $3,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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