$859,999 - 3404 Monica Drive, Mississauga
Detached for Sale in Mississauga
36 days on market- MLS Number
- W13110958
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
**New Legal Finished Basement Apartment With Separate Entrance** Welcome to this beautifully maintained 3+1 bedroom detached backsplit bungalow in the heart of Malton. The second floor is renovated with new flooring, light fixtures, and newly renovated bathroom. Main floor laundry, and there is a separate laundry for the Newly built Basement apartment with one bedroom, kitchen, full washroom and sitting room. The main floor boasts a sun filled combined living and dining room, perfect for family gatherings and entertaining, along with a separate breakfast area ideal for everyday dining. Featuring an open and inviting foyer with double mirrored closets and the kitchen features a sliding door that separates the foyer. A finished basement with a crawl space provides additional versatility and storage. The separate entrance offers excellent potential for extended family living or rental income. Freshly painted. Some rooms are virtually staged! Step outside to a spacious backyard with a tool shed, offering plenty of room for outdoor activities, gardening and extra storage. Ideally located just minutes from Toronto Pearson International Airport and close to schools, parks, shopping, and major highways, this home is a rare opportunity to own a spacious, move-in-ready property in a highly sought after community.
Estimate your monthly payments for this property
Estimated Payment
$4,412.24/mo
Includes CMHC insurance ($23,994)
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.
3404 Monica Drive, 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
Competitive Pricing
At $782/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 36 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.
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.