2531 Mainroyal Street, Mississauga

Price: $845,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13036172

Welcome to this beautifully upgraded semi-detached home nestled in the highly sought-after Erin Mills community-perfect for young families! At the front of the home, a charming, gated courtyard-style entry featuring elegant paver stones welcomes you, offering both privacy and curb appeal. A rare find, the property boasts a spacious four-car driveway-ideal for large families or entertaining guests. Inside, you'll find a thoughtfully designed 3+1 bedroom, 2 full bathroom layout. The main level showcases a stunning modern kitchen complete with stainless steel appliances, quartz countertops, and a stylish backsplash-perfect for both everyday living and hosting. Upgraded hardwood stairs with wrought iron pickets add a touch of sophistication. Upstairs features three generously sized bedrooms with newly installed broadloom. The primary bedroom includes a wall-to-wall closet with custom organizers, providing ample storage. A beautifully updated 4-piece bathroom completes the upper level. The bright and inviting lower level was extensively renovated in 2023 and offers excellent in-law potential. Double garden doors lead to a walk-up to the large backyard, which is ideal for relaxing and entertaining. A spacious bedroom, 3-piece bathroom and a convenient front-load washer and dryer complete the lower level. Explore nearby parks and trails, perfect for walking, biking, or family outings. Just minutes away, Erin Mills Town Centre offers exceptional shopping, dining, and everyday conveniences. Commuters will appreciate the easy access to the QEW & Highway 403 along with nearby Erin Mills GO (Bus) and Clarkson GO Stations, making travel throughout the GTA seamless. Don't miss your chance to own this beautiful family home!

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New Listing
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$845,000 - 2531 Mainroyal Street, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed 5 days ago
4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13036172
Property Type
Semi-Detached
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Description

Welcome to this beautifully upgraded semi-detached home nestled in the highly sought-after Erin Mills community-perfect for young families! At the front of the home, a charming, gated courtyard-style entry featuring elegant paver stones welcomes you, offering both privacy and curb appeal. A rare find, the property boasts a spacious four-car driveway-ideal for large families or entertaining guests. Inside, you'll find a thoughtfully designed 3+1 bedroom, 2 full bathroom layout. The main level showcases a stunning modern kitchen complete with stainless steel appliances, quartz countertops, and a stylish backsplash-perfect for both everyday living and hosting. Upgraded hardwood stairs with wrought iron pickets add a touch of sophistication. Upstairs features three generously sized bedrooms with newly installed broadloom. The primary bedroom includes a wall-to-wall closet with custom organizers, providing ample storage. A beautifully updated 4-piece bathroom completes the upper level. The bright and inviting lower level was extensively renovated in 2023 and offers excellent in-law potential. Double garden doors lead to a walk-up to the large backyard, which is ideal for relaxing and entertaining. A spacious bedroom, 3-piece bathroom and a convenient front-load washer and dryer complete the lower level. Explore nearby parks and trails, perfect for walking, biking, or family outings. Just minutes away, Erin Mills Town Centre offers exceptional shopping, dining, and everyday conveniences. Commuters will appreciate the easy access to the QEW & Highway 403 along with nearby Erin Mills GO (Bus) and Clarkson GO Stations, making travel throughout the GTA seamless. Don't miss your chance to own this beautiful family home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,335.29/mo

Includes CMHC insurance ($23,576)

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5-yr fixed avg.

Principal: $760,500Interest: $516,511
Mortgage Amount$784,076
Total Interest$516,511
Est. Property Tax$599/mo
Total Cost$1,300,586

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

2531 Mainroyal Street, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$599
Insurance (est.)-$176
Net Cash Flow+$2,425

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 $768/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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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 $3,521 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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