4296 Claypine Rise, Mississauga

Price: $1,700,000

7 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13020932

Nestled in the highly desireable Rockwood Village, this beautiful home offers exceptional income potential with two legal basement apartments generating over $4,000 per month. The property has been well maintained, featuring new heat pumps, a durable roof, and newly installed solar panels for enhanced energy efficiency. Current tenants are excellent and open to staying, making this an ideal opportunity for both investors and end-users. Perfect for a growing family or multigenerational living, the home provides a flexible layout, generous living space, and modern comfort. Conveniently situated close to parks, shopping, public transit, and top-rated schools offering Public, Catholic, English, and French programs. Enjoy nearby shopping and dining, with easy access to Square One, Major Highways(403, 401 & QEW), and Dixie Go Station for effortless commuting.

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New Listing
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$1,700,000 - 4296 Claypine Rise, Mississauga

Detached for Sale in Mississauga

New — Listed 3 days ago
7Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13020932
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
7
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Nestled in the highly desireable Rockwood Village, this beautiful home offers exceptional income potential with two legal basement apartments generating over $4,000 per month. The property has been well maintained, featuring new heat pumps, a durable roof, and newly installed solar panels for enhanced energy efficiency. Current tenants are excellent and open to staying, making this an ideal opportunity for both investors and end-users. Perfect for a growing family or multigenerational living, the home provides a flexible layout, generous living space, and modern comfort. Conveniently situated close to parks, shopping, public transit, and top-rated schools offering Public, Catholic, English, and French programs. Enjoy nearby shopping and dining, with easy access to Square One, Major Highways(403, 401 & QEW), and Dixie Go Station for effortless commuting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,519.67/mo

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5-yr fixed avg.

Principal: $1,360,000Interest: $895,902
Mortgage Amount$1,360,000
Total Interest$895,902
Est. Property Tax$1,204/mo
Total Cost$2,255,902

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

4296 Claypine Rise, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,000/mo
Range: $4,250 - $5,750
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,000
Maintenance Fees-$0
Property Tax (est.)-$1,204
Insurance (est.)-$354
Net Cash Flow+$3,442

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 $567/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.

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.

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.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.

Bathroom Count Matters

With 5 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.

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