3081 Grenville Drive, Mississauga

Price: $3,499,000

8 bedrooms, 8 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13211356

Exquisite custom-built estate offering approximately 8,000 sq ft of luxurious living space with a rare 8 bedrooms and 8 washrooms. Featuring soaring 10 ft ceilings on the main floor and 9 ft ceilings on the second floor and basement, this home is loaded with premium upgrades throughout. The main floor boasts a private office, elegant combined living and dining area, spacious family room, and a main-floor primary bedroom with ensuite-ideal for seniors or guests. The chef-inspired kitchen features a massive central island, overlooks the family room, and walks out to a large covered deck-perfect for entertaining. The second floor offers generously sized bedrooms, including three master bedrooms with ensuites. The primary suite features a spa-like ensuite and walk-out to a huge porch. One additional master includes a private balcony. Bedrooms 4 and 5 share a Jack & Jill washroom. Heated washrooms on both the main and second floors add extra comfort. The huge walk-up basement is truly one of a kind, featuring 2 bedrooms, 2 washrooms, an expansive recreation room with wet bar, a rare home theatre under the garage, and an exercise room beneath the covered deck-this is one of the largest basements you'll ever see. The oversized backyard offers potential for a garden suite, recently permitted by the City of Mississauga. Finished with an interlock driveway, this exceptional home delivers space, luxury, and versatility rarely found.

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$3,499,000 - 3081 Grenville Drive, Mississauga

Detached for Sale in Mississauga

8Beds
8Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13211356
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
8
Bathrooms
8
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

Exquisite custom-built estate offering approximately 8,000 sq ft of luxurious living space with a rare 8 bedrooms and 8 washrooms. Featuring soaring 10 ft ceilings on the main floor and 9 ft ceilings on the second floor and basement, this home is loaded with premium upgrades throughout. The main floor boasts a private office, elegant combined living and dining area, spacious family room, and a main-floor primary bedroom with ensuite-ideal for seniors or guests. The chef-inspired kitchen features a massive central island, overlooks the family room, and walks out to a large covered deck-perfect for entertaining. The second floor offers generously sized bedrooms, including three master bedrooms with ensuites. The primary suite features a spa-like ensuite and walk-out to a huge porch. One additional master includes a private balcony. Bedrooms 4 and 5 share a Jack & Jill washroom. Heated washrooms on both the main and second floors add extra comfort. The huge walk-up basement is truly one of a kind, featuring 2 bedrooms, 2 washrooms, an expansive recreation room with wet bar, a rare home theatre under the garage, and an exercise room beneath the covered deck-this is one of the largest basements you'll ever see. The oversized backyard offers potential for a garden suite, recently permitted by the City of Mississauga. Finished with an interlock driveway, this exceptional home delivers space, luxury, and versatility rarely found.

Mortgage Calculator

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Estimated Payment

$15,477.26/mo

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5-yr fixed avg.

Principal: $2,799,200Interest: $1,843,977
Mortgage Amount$2,799,200
Total Interest$1,843,977
Est. Property Tax$2,478/mo
Total Cost$4,643,177

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

3081 Grenville Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,650/mo
Range: $4,803 - $6,497
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,650
Maintenance Fees-$0
Property Tax (est.)-$2,478
Insurance (est.)-$729
Net Cash Flow+$2,443

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 $1000/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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 8 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 8 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.

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    3081 Grenville Drive, Mississ… — $3,499,000 | Battaglia Team