$1,285,000 - 2585 Jarvis Street, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W13195192
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 8,633 sqft
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Tucked within one of Mississauga's best-kept secrets, Erindale Village is the kind of neighbourhood most people don't even know exists - and those who do, hold on tight. Perched at the top of the hill and enveloped by the trails and greenery of Erindale Park, this quiet, proud community of longtime homeowners offers a level of privacy and natural serenity that is virtually impossible to find at this price point. 2585 Jarvis Street has been cherished by a single family since it was built in 1964 - and it shows. Solidly constructed and lovingly maintained, this classic bungalow offers a spacious, sensible floor plan anchored by original hardwood floors and the warmth that only a truly cared-for home carries. A side den adds welcome versatility, functioning beautifully as a home office, reading room, or playroom for young ones. Downstairs, the generous basement - with its impressive ceiling height - has served as the heart of countless family gatherings. Outfitted with a bar, pool table, workshop, and laundry, it carries the character and charm of a vintage entertainer's space. Leave it exactly as it is and enjoy the nostalgia, or reimagine it entirely - the bones are exceptional and the possibilities are wide open. Step outside to a backyard that reflects decades of thoughtful enjoyment - a patio area, flourishing perennial gardens, and a garden shed all await the next family lucky enough to call this home. The oversized garage offers impressive storage capacity with notable ceiling height, a rarity in a neighbourhood like this.Whether you're looking to move in and savour the serenity as-is, envision adding a second storey to create your dream home, or leverage the prime location near the University of Toronto Mississauga campus for rental income - this property delivers on every front. Opportunities like this, in a pocket this special, simply don't come around often.
Estimate your monthly payments for this property
Estimated Payment
$5,683.99/mo
5-yr fixed avg.
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.
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
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.
2585 Jarvis Street, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1168/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $5,354 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.