$2,398,800 - 4873 Forest Hill Drive, Mississauga
Detached for Sale in Mississauga
66 days on market- MLS Number
- W12611378
- Property Type
- Detached
- Status
- active
- Days on Site
- 66
- Bedrooms
- 4
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Discover this beautifully appointed executive family residence in the vibrant Erin Mills community. Offering over 6,000 SF of finished living space designed for those who appreciate comfort, and convenient living. Set within one of Mississauga's most sought-after school districts, this home blends thoughtful design with everyday ease. Step inside to an inviting main level where natural light pours through expansive windows, highlighting the home's open flow. The kitchen, breakfast area, and warm family spaces connect seamlessly, perfect for relaxed family mornings or elegant evenings of entertaining. Formal living and dining rooms bring a sense of occasion, while the main-floor office provides a quiet, inspiring workspace. Ascend upstairs where 4 well-proportioned bedrooms with walk-in closets and ensuites/semi-ensuites offer comfort for the entire family. The primary suite feels serene and secluded, designed as a restful escape. The lower level expands the home's potential with a generous open-concept recreation room anchored by a gas fireplace, a full kitchen, sauna, exercise room, and convenient walk-up access to the laundry room. Whether envisioned as an inviting entertainment hub or transformed into an in-law suite, this level adapts beautifully to multi-generational living. Additionally, a practical main-floor laundry room offers direct access to the oversized three-car garage, adding to the home's effortless functionality. Enjoy the private outdoor retreat crafted for gathering and unwinding. Here, professional interlock stonework frames an inground chlorine pool, a charming gazebo, and a full sprinkler system, an ideal backdrop for summer hosting. A new interlock driveway, new garage door system, and premium Marley roof with lifetime warranty ensure lasting peace of mind. Just minutes from Erin Mills Town Centre, Credit Valley Hospital, UTM, parks/trails, restaurants, GO transit, and major highways 403/ 401 & QEW.
Estimate your monthly payments for this property
Estimated Payment
$10,610.70/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.
4873 Forest Hill 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 25+ years of GTA real estate experience
Competitive Pricing
At $685/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 66 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.
Larger Home Realities
At 3,500 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 6 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.