2553 Stillmeadow Road, Mississauga

Price: $1,229,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12942706

Welcome to an impeccably maintained 3+1-bedroom bungalow in the highly sought-after Cooksville neighbourhood of Mississauga. This beautifully cared for home has been thoughtfully updated, combining classic features with functional modern touches. Hardwood floors flow elegantly through the main living areas and spacious bedrooms, creating an inviting atmosphere perfect for family living or comfortable everyday life. The functional layout includes a bright, open main living space and a finished lower level with its own kitchen, presenting an excellent opportunity for a n-law suite or rental unit, making it ideal extra income, or flexible living arrangements. With two full washrooms, this home accommodates both everyday routines and family needs with ease. Situated in a vibrant community, this property benefits from an excellent location close to essential amenities. Mississauga Hospital and other healthcare services are nearby, ensuring peace of mind and accessibility for families and professionals alike. Stillmeadow Park and local green spaces offer recreation, walking paths, and a great place to enjoy the outdoors. The area also provides easy access to transit, shopping, walking distance to schools, and major roadways for seamless commuting. Whether you're starting a family, downsizing, or seeking a well-maintained home with space to grow, this bungalow offers comfort, convenience, and a wonderful place to call home.

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$1,229,000 - 2553 Stillmeadow Road, Mississauga

Detached for Sale in Mississauga

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12942706
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to an impeccably maintained 3+1-bedroom bungalow in the highly sought-after Cooksville neighbourhood of Mississauga. This beautifully cared for home has been thoughtfully updated, combining classic features with functional modern touches. Hardwood floors flow elegantly through the main living areas and spacious bedrooms, creating an inviting atmosphere perfect for family living or comfortable everyday life. The functional layout includes a bright, open main living space and a finished lower level with its own kitchen, presenting an excellent opportunity for a n-law suite or rental unit, making it ideal extra income, or flexible living arrangements. With two full washrooms, this home accommodates both everyday routines and family needs with ease. Situated in a vibrant community, this property benefits from an excellent location close to essential amenities. Mississauga Hospital and other healthcare services are nearby, ensuring peace of mind and accessibility for families and professionals alike. Stillmeadow Park and local green spaces offer recreation, walking paths, and a great place to enjoy the outdoors. The area also provides easy access to transit, shopping, walking distance to schools, and major roadways for seamless commuting. Whether you're starting a family, downsizing, or seeking a well-maintained home with space to grow, this bungalow offers comfort, convenience, and a wonderful place to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,436.28/mo

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5-yr fixed avg.

Principal: $983,200Interest: $647,684
Mortgage Amount$983,200
Total Interest$647,684
Est. Property Tax$871/mo
Total Cost$1,630,884

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

2553 Stillmeadow Road, 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)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$871
Insurance (est.)-$256
Net Cash Flow+$2,073

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

Fair Market Value

At $1117/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.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $5,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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