424 Lara Woods N/A, Mississauga

Price: $1,088,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W12997496

Welcome to a Home That Truly Has It AllCompletely renovated in 2016, this exceptional detached side-split sits on a premium 74.29 x 105 ft corner lot in the highly desirable Mississauga Valleys. Thoughtfully redesigned and meticulously maintained, this home blends modern luxury with everyday comfort.originally a 3-bedroom layout, the home is currently configured as a spacious 2-bedroom, offering enhanced flow and larger principal rooms. Seller will complete the third bedroom upon closing, providing flexibility to suit your needs.At the heart of the home is a custom gourmet kitchen featuring stainless steel BOSCH appliances, including an induction cooktop, built-in microwave/oven combination, dishwasher, and refrigerator (2016). The kitchen overlooks the open-concept living and dining areas, creating an ideal setting for both entertaining and daily living, with a walkout to the beautifully manicured backyard.Hardwood flooring runs throughout the main and upper levels, while the fully finished lower level offers additional living space, a 4-piece bathroom, and a substantial crawl space for storage.Extensive upgrades ensure peace of mind, including a high-efficiency forced air gas furnace and central air conditioning (2016), tankless water heater, roof (2018), updated windows and front entrance door (2017), as well as soffits, eavestroughs, and siding (2017).The exterior is equally impressive. Professionally landscaped in 2020, the backyard features extensive interlocking, a custom concrete platform with underground drainage (2018), and a full perimeter wood privacy fence. An automated irrigation system (2021) maintains the lush grounds with ease.Additional highlights include a double car garage with epoxy flooring (2019) and garage door opener, a private double driveway, GARAGA garage door (2017), exterior camera surveillance, and custom sliding doors by Window Craft (2016). Owner will convert house back to 3 bedrooms before closing.

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active
New Listing
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$1,088,000 - 424 Lara Woods N/A, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W12997496
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to a Home That Truly Has It AllCompletely renovated in 2016, this exceptional detached side-split sits on a premium 74.29 x 105 ft corner lot in the highly desirable Mississauga Valleys. Thoughtfully redesigned and meticulously maintained, this home blends modern luxury with everyday comfort.originally a 3-bedroom layout, the home is currently configured as a spacious 2-bedroom, offering enhanced flow and larger principal rooms. Seller will complete the third bedroom upon closing, providing flexibility to suit your needs.At the heart of the home is a custom gourmet kitchen featuring stainless steel BOSCH appliances, including an induction cooktop, built-in microwave/oven combination, dishwasher, and refrigerator (2016). The kitchen overlooks the open-concept living and dining areas, creating an ideal setting for both entertaining and daily living, with a walkout to the beautifully manicured backyard.Hardwood flooring runs throughout the main and upper levels, while the fully finished lower level offers additional living space, a 4-piece bathroom, and a substantial crawl space for storage.Extensive upgrades ensure peace of mind, including a high-efficiency forced air gas furnace and central air conditioning (2016), tankless water heater, roof (2018), updated windows and front entrance door (2017), as well as soffits, eavestroughs, and siding (2017).The exterior is equally impressive. Professionally landscaped in 2020, the backyard features extensive interlocking, a custom concrete platform with underground drainage (2018), and a full perimeter wood privacy fence. An automated irrigation system (2021) maintains the lush grounds with ease.Additional highlights include a double car garage with epoxy flooring (2019) and garage door opener, a private double driveway, GARAGA garage door (2017), exterior camera surveillance, and custom sliding doors by Window Craft (2016). Owner will convert house back to 3 bedrooms before closing.

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Estimated Payment

$4,812.59/mo

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5-yr fixed avg.

Principal: $870,400Interest: $573,377
Mortgage Amount$870,400
Total Interest$573,377
Est. Property Tax$771/mo
Total Cost$1,443,777

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

424 Lara Woods N/A, 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)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$771
Insurance (est.)-$227
Net Cash Flow+$1,802

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1554/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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