3587 Ashcroft Crescent, Mississauga

Price: $899,000

5 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: W12885558

Great income potential in a convenient Mississauga location! Well-maintained 3-bedroom semi-detached bungalow offering a functional layout and bright living spaces. The main floor features spacious living and dining areas, a full kitchen, comfortable bedrooms, and full bathroom designed for practical family living. The home includes a separate entrance to a fully finished basement with two apartment units, additional kitchens, and full bathrooms, providing excellent income potential and flexibility for investors or buyers seeking mortgage helper options. Ample parking space adds extra convenience for multiple vehicles. Ideally located close to schools, parks, shopping, public transit, and major highways for easy commuting. New furnace and new A/C installed in 2021, Roof replaced in 2017, Front door and side door replaced in 2024. Property currently tenanted. Showings with proper notice in accordance with tenancy regulations. Seller and listing brokerage do not warrant retrofit status of basement apartments.

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$899,000 - 3587 Ashcroft Crescent, Mississauga

Semi-Detached for Sale in Mississauga

5Beds
3Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
W12885558
Property Type
Semi-Detached
Status
active
Days on Site
20
Bedrooms
5
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
iCloud Realty Ltd.
Description

Great income potential in a convenient Mississauga location! Well-maintained 3-bedroom semi-detached bungalow offering a functional layout and bright living spaces. The main floor features spacious living and dining areas, a full kitchen, comfortable bedrooms, and full bathroom designed for practical family living. The home includes a separate entrance to a fully finished basement with two apartment units, additional kitchens, and full bathrooms, providing excellent income potential and flexibility for investors or buyers seeking mortgage helper options. Ample parking space adds extra convenience for multiple vehicles. Ideally located close to schools, parks, shopping, public transit, and major highways for easy commuting. New furnace and new A/C installed in 2021, Roof replaced in 2017, Front door and side door replaced in 2024. Property currently tenanted. Showings with proper notice in accordance with tenancy regulations. Seller and listing brokerage do not warrant retrofit status of basement apartments.

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Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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.

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Walk Score
Varies
Price Range

3587 Ashcroft Crescent, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,776

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

Premium Pricing

At $1284/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 20 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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