$2,200,000 - 4097 Hickory Drive, Mississauga
Single Family Home for Sale in Mississauga
- MLS Number
- W12829116
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 15
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- ~3,000 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
RARE 1/2 ACRE ESTATE - UNMATCHED DEVELOPMENT FLEXIBILITY Discover the largest residential lot in Rathwood! Massive 66' x 325' footprint with Medium Density Residential status-offering potential far beyond the average R4 lot. A true developer's dream or a multi-family legacy property.THE OPPORTUNITY: * Massive Building Envelope: Perfect for a high-end luxury residence, substantial rear additions, or a complete custom rebuild (subject to Mississauga infill bylaws).Increased Density: Zoning permits gentle density-ideal for a Fourplex (up to 4 units) or a prime residence + ARUs (Basement Apartment + Detached Garden Suite).Garden Suite Potential: Ample space for a detached secondary dwelling while still retaining a massive, private backyard with room for a pool and professional landscaping.Multigenerational Haven: Current well-maintained 3,000+ SF home features 2 kitchens, a side entrance, and a 3-car garage w main floor entrance. Live or rent while you permit! Don't settle for a standard lot. Secure Rathwood's premier land assembly today. SEE ATTACHED ZONING DOCUMENT. Disclaimer: Buyers to perform their own due diligence regarding zoning, severances, permits, and City of Mississauga development charges/bylaws. All development potential is subject to municipal approval.
Estimate your monthly payments for this property
Estimated Payment
$9,731.34/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.
4097 Hickory Drive, Mississauga
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Rental income estimator & ROI calculator
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 25+ years of GTA real estate experience
Competitive Pricing
At $733/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 15 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.