3638 Molly Avenue, Mississauga

Price: $838,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13048320

Mississauga Valleys raised bungalow offering 2,053 sq ft of total space on a 30 x 124 ft lot. Functional layout with generous principal rooms, including a bright living area with walk-out to an upper balcony. Built-in one-car garage with parking for a total of 4 vehicles (1 garage, 3 driveway). The raised design provides ground-level access at both the front and rear, adding flexibility to the layout. The finished lower level provides additional living space. Backyard offers a clean slate to tailor to your needs. Conveniently located near schools, parks, shopping and transit. Pre-listing home inspection available. Some photos are virtually staged.

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New Listing
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$838,000 - 3638 Molly Avenue, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed yesterday
4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13048320
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

Mississauga Valleys raised bungalow offering 2,053 sq ft of total space on a 30 x 124 ft lot. Functional layout with generous principal rooms, including a bright living area with walk-out to an upper balcony. Built-in one-car garage with parking for a total of 4 vehicles (1 garage, 3 driveway). The raised design provides ground-level access at both the front and rear, adding flexibility to the layout. The finished lower level provides additional living space. Backyard offers a clean slate to tailor to your needs. Conveniently located near schools, parks, shopping and transit. Pre-listing home inspection available. Some photos are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,299.37/mo

Includes CMHC insurance ($23,380)

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5-yr fixed avg.

Principal: $754,200Interest: $512,232
Mortgage Amount$777,580
Total Interest$512,232
Est. Property Tax$594/mo
Total Cost$1,289,812

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

3638 Molly Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$594
Insurance (est.)-$175
Net Cash Flow+$2,431

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 $762/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $3,492 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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