3845 Ridgepoint Way, Mississauga

Price: $988,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13155504

LOCATION, LOCATION, LOCATION! Stunning All-Brick Detached Home Nestled On A Quiet, Family-Friendly Street In The Heart Of Lisgar. One Of The LARGEST 3-Bedroom Detached Models In Mississauga, Offering Approximately 1,900 Sq Ft + A HUGE FINISHED BASEMENT - Easily Competing With Smaller 4-Bedroom Homes! Bright Open-Concept Main Floor With California Shutters Flows Seamlessly Through The Living, Dining, Kitchen & Family Room. UPDATED CHEF'S KITCHEN Features Quartz Counters, Custom Backsplash, Ample Oak Cabinetry, Pot Lights, Upgraded S/S Appliances & A Gas Stove (Perfect For Those Who Love To Cook). Sunken Family Room With Vaulted Ceilings Make This Home Unique & The Focal Point Of This Home. MASSIVE MASTER BEDROOM RETREAT Includes A Renovated 4PC Ensuite, Walk-In Closet, Custom Built-In & Space For A Sitting Area Or TV Lounge. Spacious 2nd & 3rd Bedrooms Can Easily Fit Queen Beds. Enjoy The Convenience Of 2ND FLOOR LAUNDRY. FINISHED BASEMENT Offers A Large Rec Area, Smooth Ceilings, Pot Lights, Laminate Flooring & Full 4PC Bath - Perfect For In-Law Or Multi-Generational Living. Direct Access To Double Garage + NO SIDEWALK Allows For 4-Car Driveway Parking. Backyard Features A Deck, Gazebo, Shed & Green Space For Kids Or Pets. Minutes To Lake Aquitaine Park, Meadowvale Town Centre, Top-Rated Schools, Transit, Shopping, Dining & Quick Access To Highways 401, 403 & 407. This Is The One You've Been Waiting For. Welcome Home!

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$988,000 - 3845 Ridgepoint Way, Mississauga

Detached for Sale in Mississauga

3Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13155504
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
UNION CAPITAL REALTY
Description

LOCATION, LOCATION, LOCATION! Stunning All-Brick Detached Home Nestled On A Quiet, Family-Friendly Street In The Heart Of Lisgar. One Of The LARGEST 3-Bedroom Detached Models In Mississauga, Offering Approximately 1,900 Sq Ft + A HUGE FINISHED BASEMENT - Easily Competing With Smaller 4-Bedroom Homes! Bright Open-Concept Main Floor With California Shutters Flows Seamlessly Through The Living, Dining, Kitchen & Family Room. UPDATED CHEF'S KITCHEN Features Quartz Counters, Custom Backsplash, Ample Oak Cabinetry, Pot Lights, Upgraded S/S Appliances & A Gas Stove (Perfect For Those Who Love To Cook). Sunken Family Room With Vaulted Ceilings Make This Home Unique & The Focal Point Of This Home. MASSIVE MASTER BEDROOM RETREAT Includes A Renovated 4PC Ensuite, Walk-In Closet, Custom Built-In & Space For A Sitting Area Or TV Lounge. Spacious 2nd & 3rd Bedrooms Can Easily Fit Queen Beds. Enjoy The Convenience Of 2ND FLOOR LAUNDRY. FINISHED BASEMENT Offers A Large Rec Area, Smooth Ceilings, Pot Lights, Laminate Flooring & Full 4PC Bath - Perfect For In-Law Or Multi-Generational Living. Direct Access To Double Garage + NO SIDEWALK Allows For 4-Car Driveway Parking. Backyard Features A Deck, Gazebo, Shed & Green Space For Kids Or Pets. Minutes To Lake Aquitaine Park, Meadowvale Town Centre, Top-Rated Schools, Transit, Shopping, Dining & Quick Access To Highways 401, 403 & 407. This Is The One You've Been Waiting For. Welcome Home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,068.95/mo

Includes CMHC insurance ($27,565)

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5-yr fixed avg.

Principal: $889,200Interest: $603,920
Mortgage Amount$916,765
Total Interest$603,920
Est. Property Tax$700/mo
Total Cost$1,520,686

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

3845 Ridgepoint Way, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$700
Insurance (est.)-$206
Net Cash Flow+$1,894

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 $659/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 23 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.

Bathroom Count Matters

With 4 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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    3845 Ridgepoint Way, Mississauga — $988,000 | Battaglia Team