2560 Palisander Avenue, Mississauga

Price: $1,065,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13232310

This well-maintained 5-bedroom, 3-full bathroom home offers a flexible layout that is increasingly difficult to find. With multiple living spaces, two kitchens, and separate entrances, it is well suited for growing families, multi-generational living, or those seeking additional income potential. At the heart of the home is a spacious open-concept kitchen and living area that has comfortably hosted family gatherings, holiday celebrations, and everyday moments alike. A bright 3-season sunroom extends the living space, providing a quiet place to relax and enjoy the changing seasons. The lower level features a large family room, a full bathroom, and a generously sized bedroom. With its own entrance, this space offers flexibility for extended family living and the potential for an additional suite conversion. Outside, the easy-care backyard offers plenty of room to enjoy the outdoors. A large gazebo, mature trees, and established pear and plum trees create a welcoming setting for summer barbecues, family gatherings, and evenings spent with friends and family. The basement is fully self-contained with its own entrance, full kitchen, living room, bedroom, bathroom, and laundry, making it ideal for extended family, guests, or rental income. With two kitchens, two laundry areas, separate entrances, and multiple living spaces, this home provides options for a variety of living arrangements while still feeling warm, comfortable, and connected. Current basement occupants are willing to remain for investors seeking rental income but are also able and willing to vacate if preferred by the new owner.

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$1,065,000 - 2560 Palisander Avenue, Mississauga

Semi-Detached for Sale in Mississauga

5Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13232310
Property Type
Semi-Detached
Status
active
Days on Site
15
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Lot Size
3,757 sqft
Listing Brokerage
ROYAL LEPAGE WOLLE REALTY
Description

This well-maintained 5-bedroom, 3-full bathroom home offers a flexible layout that is increasingly difficult to find. With multiple living spaces, two kitchens, and separate entrances, it is well suited for growing families, multi-generational living, or those seeking additional income potential. At the heart of the home is a spacious open-concept kitchen and living area that has comfortably hosted family gatherings, holiday celebrations, and everyday moments alike. A bright 3-season sunroom extends the living space, providing a quiet place to relax and enjoy the changing seasons. The lower level features a large family room, a full bathroom, and a generously sized bedroom. With its own entrance, this space offers flexibility for extended family living and the potential for an additional suite conversion. Outside, the easy-care backyard offers plenty of room to enjoy the outdoors. A large gazebo, mature trees, and established pear and plum trees create a welcoming setting for summer barbecues, family gatherings, and evenings spent with friends and family. The basement is fully self-contained with its own entrance, full kitchen, living room, bedroom, bathroom, and laundry, making it ideal for extended family, guests, or rental income. With two kitchens, two laundry areas, separate entrances, and multiple living spaces, this home provides options for a variety of living arrangements while still feeling warm, comfortable, and connected. Current basement occupants are willing to remain for investors seeking rental income but are also able and willing to vacate if preferred by the new owner.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,710.85/mo

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5-yr fixed avg.

Principal: $852,000Interest: $561,256
Mortgage Amount$852,000
Total Interest$561,256
Est. Property Tax$754/mo
Total Cost$1,413,256

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

2560 Palisander Avenue, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$754
Insurance (est.)-$222
Net Cash Flow+$2,624

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 $710/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.

Market Position

At 15 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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    2560 Palisander Avenue, Mississauga | $1,065,000 | Battaglia Team