$1,389,900 - 500 Selsey Drive, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W12890422
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Welcome to this gorgeous, extensively updated bungalow nestled on a quiet, family-friendly street in a highly sought-after neighborhood. Turn-key and meticulously appointed, this home seamlessly blends modern luxury with everyday convenience. Step inside to discover a bright, inviting main floor featuring gleaming hardwood floors and thoughtfully designed wider door openings throughout. The heart of the home is a spectacular dream kitchen, boasting elegant quartz countertops with a matching backsplash, modern under-cabinet lighting, pot lights, premium stainless-steel appliances including a built-in microwave, and a convenient inside entry door to garage. The main level offers three spacious bedrooms with ample natural light, accompanied by a beautifully, newly updated main bathroom. Downstairs, the fully finished basement with vinyl flooring and pot lights provides fantastic bonus living space, perfect for a family room, home gym, or entertainment area. Buy with absolute confidence! Enjoy peace of mind with newer roof shingles, newer furnace, and newer windows on the main level. The property also features a newer garage complete with a side door, an automatic garage door opener. Location is everything, and this home truly has it all. Enjoy the perfect blend of tranquility and convenience, located just minutes from excellent schools, shopping, the local recreation center, and the hospital. Commuters will love the quick and easy access to major highways.
Estimate your monthly payments for this property
Estimated Payment
$6,148.00/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.
500 Selsey 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
Premium Pricing
At $1264/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.
Market Position
At 19 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.
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.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.