3466 Cedar Creek Drive, Mississauga

Price: $1,159,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12865086

This charming detached bungalow, lovingly maintained by the same owner for over 30 years, offers 3 spacious bedrooms, 2 full bathrooms, and a 2-car garage, complemented by a large flagstone driveway that wraps around the house and extends into a beautiful patio area-perfect for relaxing or entertaining in your own private garden oasis. The landscaped yard features pear trees, raspberries, and colorful flowers, creating a peaceful retreat right at home. Inside, the home boasts hardwood floors throughout, offering timeless elegance while being an excellent choice for those concerned about allergies. With two kitchens and a separate entrance to the basement, the layout provides excellent flexibility for extended family living or additional potential use. There is also a separate entrance to the garage for added convenience. Ideally located in one of Mississauga's most desirable pockets, the property offers quick access to Highways 403 and QEW and is within walking distance to schools, public transit, shopping, parks, and places of worship, including Polish and Ukrainian churches. A rare opportunity to own a well-cared-for home in a superb, convenient location.

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$1,159,000 - 3466 Cedar Creek Drive, Mississauga

Detached for Sale in Mississauga

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12865086
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
SUTTON GROUP - SUMMIT REALTY INC.
Description

This charming detached bungalow, lovingly maintained by the same owner for over 30 years, offers 3 spacious bedrooms, 2 full bathrooms, and a 2-car garage, complemented by a large flagstone driveway that wraps around the house and extends into a beautiful patio area-perfect for relaxing or entertaining in your own private garden oasis. The landscaped yard features pear trees, raspberries, and colorful flowers, creating a peaceful retreat right at home. Inside, the home boasts hardwood floors throughout, offering timeless elegance while being an excellent choice for those concerned about allergies. With two kitchens and a separate entrance to the basement, the layout provides excellent flexibility for extended family living or additional potential use. There is also a separate entrance to the garage for added convenience. Ideally located in one of Mississauga's most desirable pockets, the property offers quick access to Highways 403 and QEW and is within walking distance to schools, public transit, shopping, parks, and places of worship, including Polish and Ukrainian churches. A rare opportunity to own a well-cared-for home in a superb, convenient location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,126.65/mo

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5%20%50%

5-yr fixed avg.

Principal: $927,200Interest: $610,794
Mortgage Amount$927,200
Total Interest$610,794
Est. Property Tax$821/mo
Total Cost$1,537,994

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

3466 Cedar Creek Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$821
Insurance (est.)-$241
Net Cash Flow+$1,738

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $1054/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 26 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 $4,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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