$849,900 - 3842 Ridgepoint Way, Mississauga
Semi-Detached for Sale in Mississauga
40 days on market- MLS Number
- W13099400
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- iCloud Realty Ltd.
Welcome to this Modernized Semi-Detached Home located in the Highly Sought-After Community of Lisgar in Mississauga. This Beautifully Updated Residence offers 3 Bedrooms, 2 Bathrooms of Comfortable Living Space featuring a Classic and Durable all-brick exterior. The Expansive, Fully Fenced Backyard is perfect for Entertaining or Relaxing with Family and Friends. The Professionally Finished Basement includes New Flooring and Fresh Paint (2025) providing additional functional space. An Extra-Long Driveway accommodates up to three vehicles with potential for further expansion. Recent upgrades include high-quality broadloom in the living room and stairwell, a fully renovated bathroom (2025), new washer and dryer (2024), new fridge (2025), updated heating and A/C (2022), and a Replaced Roof (2021). Located in a Family Friendly Neighbourhood with Top-Rated Schools such as Our Lady of Mount Carmel SS, Lisgar Middle School, and Osprey Woods Public School (French Immersion). Enjoy the nearby Lisgar Meadow Brook Trail, Osprey Marsh, and Lisgar Fields Community Park with splash pad, tennis courts, and basketball courts. Commuting is a breeze with quick access to Highways 401, 403, 407, Lisgar GO Station, and a short drive to major shopping options including Walmart, Home Depot, Smart Centres, and Meadowvale Town Centre.
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
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.
3842 Ridgepoint Way, 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 $773/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 40 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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.