$938,800 - 319 Thrace Avenue, Mississauga
Semi-Detached for Sale in Mississauga
- MLS Number
- W13225778
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- COLDWELL BANKER RONAN REALTY
Welcome to 319 Thrace Ave - a beautifully updated semi-detached home located in one of Mississauga's established and family-friendly neighbourhoods. This move-in ready home offers the perfect blend of charm, functionality and modern updates throughout. Step inside to a bright and inviting layout featuring spacious principal rooms, updated flooring, pot lights, smooth ceilings and large windows that fill the home with natural light. The renovated kitchen is designed for both everyday living and entertaining with updated cabinetry, generous prep space, modern finishes and newer appliances, including a brand-new stove (2026). The open concept living and dining areas create a warm and welcoming atmosphere ideal for family living and hosting guests. The finished basement extends your living space and features a cozy gas fireplace, updated 2-piece bathroom and flexible space perfect for a family room, playroom, home office or gym. Upstairs offers comfortable bedrooms and an updated 4-piece bathroom. Step outside to your private backyard retreat featuring stamped concrete, exterior gas lines, a firepit area, premium cedar fencing and a utility shed-perfect for summer entertaining and relaxing outdoors. Major updates completed throughout the years provide added peace of mind including the renovated kitchen, updated windows and doors, waterproofed foundation with new weepers, upgraded 100 amp electrical panel, furnace, central air, rebuilt roof structure, newer shingles (2025), custom window coverings and more. Conveniently located close to great schools, parks, shopping, transit and major highways. A rare opportunity to own a turnkey home in a mature Mississauga community.
Estimate your monthly payments for this property
Estimated Payment
$4,816.53/mo
Includes CMHC insurance ($26,193)
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.
319 Thrace Avenue, Mississauga
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Rental income estimator & ROI calculator
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
Fair Market Value
At $853/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 17 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 $3,912 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.