556 Paisley Boulevard, Mississauga

Price: $1,175,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12913180

First time ever offered for sale! Pride of ownership is evident throughout this original owner, solid brick 3+1 bedroom home, ideally backing onto Iroquois Park and Cashmere Avenue Public School. Situated on a private 55' x 118' lot, this spacious and meticulously maintained 4 level backsplit offers an exceptional opportunity in a highly sought after, family friendly neighbourhood close to schools, shopping, Mississauga Hospital, Huron Park, transit, and more.The main level features a bright, functional layout with generous sized living and dining areas and direct access to the backyard, perfect for everyday living and entertaining! The spacious kitchen features ample storage, a bright eat-in area ideal for everyday living, and a convenient separate entrance. Upstairs you'll find three well appointed bedrooms and a four-piece bathroom. The lower level boasts a generously sized fourth bedroom and a warm, inviting family room with a fireplace and walkout to the backyard, ideal for extended family or flexible living arrangements. The unfinished basement provides a blank canvas with laundry and ample storage, ready for your personal touch. Updates include roof, windows, air conditioner, central vacuum and hardwood flooring.The backyard is a versatile outdoor space, offering plenty of room to play, relax, garden, or entertain! Whether you envision summer barbecues with family and friends, a dedicated play area for kids, or a peaceful retreat surrounded by greenery, this expansive setting can easily accommodate it all. With ample space for outdoor seating, dining, and future customization, it's the perfect extension of the home's living space.Whether you're looking to move right in, renovate, or create a multi-generational home, this is a rare opportunity to own a lovingly cared-for property with endless potential in a prime location. Don't miss out!

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$1,175,000 - 556 Paisley Boulevard, Mississauga

Detached for Sale in Mississauga

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12913180
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

First time ever offered for sale! Pride of ownership is evident throughout this original owner, solid brick 3+1 bedroom home, ideally backing onto Iroquois Park and Cashmere Avenue Public School. Situated on a private 55' x 118' lot, this spacious and meticulously maintained 4 level backsplit offers an exceptional opportunity in a highly sought after, family friendly neighbourhood close to schools, shopping, Mississauga Hospital, Huron Park, transit, and more.The main level features a bright, functional layout with generous sized living and dining areas and direct access to the backyard, perfect for everyday living and entertaining! The spacious kitchen features ample storage, a bright eat-in area ideal for everyday living, and a convenient separate entrance. Upstairs you'll find three well appointed bedrooms and a four-piece bathroom. The lower level boasts a generously sized fourth bedroom and a warm, inviting family room with a fireplace and walkout to the backyard, ideal for extended family or flexible living arrangements. The unfinished basement provides a blank canvas with laundry and ample storage, ready for your personal touch. Updates include roof, windows, air conditioner, central vacuum and hardwood flooring.The backyard is a versatile outdoor space, offering plenty of room to play, relax, garden, or entertain! Whether you envision summer barbecues with family and friends, a dedicated play area for kids, or a peaceful retreat surrounded by greenery, this expansive setting can easily accommodate it all. With ample space for outdoor seating, dining, and future customization, it's the perfect extension of the home's living space.Whether you're looking to move right in, renovate, or create a multi-generational home, this is a rare opportunity to own a lovingly cared-for property with endless potential in a prime location. Don't miss out!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,197.42/mo

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5-yr fixed avg.

Principal: $940,000Interest: $619,226
Mortgage Amount$940,000
Total Interest$619,226
Est. Property Tax$832/mo
Total Cost$1,559,226

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

556 Paisley Boulevard, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$832
Insurance (est.)-$245
Net Cash Flow+$2,123

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

Fair Market Value

At $1068/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 24 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.

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.

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 $4,896 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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