$1,349,999 - 4076 Colonial Drive, Mississauga
Detached for Sale in Mississauga
47 days on market- MLS Number
- W13062202
- Property Type
- Detached
- Status
- active
- Days on Site
- 47
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Nestled in one of Mississauga's most sought-after neighbourhoods (47 x 117 ft lot!!), this beautifully updated 3+1 bedroom, 3 bathroom home delivers the perfect balance of modern elegance and everyday comfort. From the moment you step inside, you're greeted by a bright, spacious interior bathed in natural light. The main floor impresses with formal living and dining rooms alongside a generous family room anchored by a brand new gas fireplace - ideal for relaxing evenings or effortless entertaining. At the heart of the home, a stunning chef's kitchen showcases custom cabinetry, quartz countertops, a designer backsplash, gas oven, and stainless steel appliances. The sun-filled breakfast area overlooks a private backyard retreat complete with a hot tub and in-ground sprinkler system - your own personal oasis. Thoughtful main floor conveniences include a dedicated laundry area, separate entrance, and direct garage access. Upstairs, three generously sized bedrooms await, highlighted by a serene primary retreat featuring a walk-in closet and a beautifully updated ensuite. The fully finished basement extends your living space with a fourth bedroom, fresh vinyl flooring, and updated lighting - move-in ready from top to bottom. Located directly across from Thorncrest park, with access to top-rated schools, scenic trails, major highways, and all the amenities Erin Mills has to offer. This is the one you've been waiting for.
Estimate your monthly payments for this property
Estimated Payment
$5,971.50/mo
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.
4076 Colonial Drive, 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 $675/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.
Negotiation Opportunity
At 47 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
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.