3446 Bannerhill Avenue, Mississauga

Price: $825,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W12974654

In the heart of Applewood, this beautifully maintained 4-level backsplit semi-detached home offers the perfect blend of comfort and incredible versatility for families or investors. Located within walking distance of top-rated schools, parks, trails, libraries, and major highways, this property ensures effortless connectivity to all local amenities. The upper residence features a bright, inviting eat-in kitchen with quartz countertops and a spacious living room enhanced by a large bay window and a convenient 2-piece powder room. The upper level includes three generous bedrooms, a 4-piece bath, and the rare convenience of a dedicated laundry area. The lower level offers a complete in-law suite with a separate entrance, a renovated kitchen with quartz countertops and stainless steel appliances, a fourth bedroom, a full washroom, and a recreation room. Unit that walks out to a private backyard oasis. This functional layout also provides a workshop, ample storage, and a second laundry area. Major updates offer peace of mind, including a 5-year-old roof, a 3-year-old furnace, and an owned hot water tank that is only 3 years old. While the upper unit currently earns $2,500 monthly and the owner occupies the lower, vacant possession of both units is possible on closing. This is a rare opportunity for a mortgage helper or a full multi-generational family home in a prime location. Great potential and not to be missed!!! "Note: Interior photos have been staged before the tenants occupancy to respect tenant privacy."

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$825,000 - 3446 Bannerhill Avenue, Mississauga

Semi-Detached for Sale in Mississauga

68 days on market
5Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W12974654
Property Type
Semi-Detached
Status
active
Days on Site
68
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
INTERNATIONAL REALTY FIRM, INC.
Description

In the heart of Applewood, this beautifully maintained 4-level backsplit semi-detached home offers the perfect blend of comfort and incredible versatility for families or investors. Located within walking distance of top-rated schools, parks, trails, libraries, and major highways, this property ensures effortless connectivity to all local amenities. The upper residence features a bright, inviting eat-in kitchen with quartz countertops and a spacious living room enhanced by a large bay window and a convenient 2-piece powder room. The upper level includes three generous bedrooms, a 4-piece bath, and the rare convenience of a dedicated laundry area. The lower level offers a complete in-law suite with a separate entrance, a renovated kitchen with quartz countertops and stainless steel appliances, a fourth bedroom, a full washroom, and a recreation room. Unit that walks out to a private backyard oasis. This functional layout also provides a workshop, ample storage, and a second laundry area. Major updates offer peace of mind, including a 5-year-old roof, a 3-year-old furnace, and an owned hot water tank that is only 3 years old. While the upper unit currently earns $2,500 monthly and the owner occupies the lower, vacant possession of both units is possible on closing. This is a rare opportunity for a mortgage helper or a full multi-generational family home in a prime location. Great potential and not to be missed!!! "Note: Interior photos have been staged before the tenants occupancy to respect tenant privacy."

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,232.68/mo

Includes CMHC insurance ($23,018)

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5-yr fixed avg.

Principal: $742,500Interest: $504,286
Mortgage Amount$765,518
Total Interest$504,286
Est. Property Tax$584/mo
Total Cost$1,269,803

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

3446 Bannerhill 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)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$584
Insurance (est.)-$172
Net Cash Flow+$2,844

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 $550/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.

Negotiation Opportunity

At 68 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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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    3446 Bannerhill Avenue, Mississauga | $825,000 | Battaglia Team