5683 Oldcastle Crescent, Mississauga

Price: $1,899,900

5 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W12983960

A true show stopper! This stunning 5 bed, 4 bath offers approximately 5000 sq ft of beautifully finished living spaces and showcases over 400K in high end upgrades throughout. Nestled on a family friendly treelined street, this home has been completely reimagined with quality craftsmanship and modern, elegance in mind. Features hardwood floors throughout, a chef's inspired kitchen, newly renovated baths and a fully finished basement with an in-home gym, fully equipped kitchen and rec space. Step outside to your private backyard retreat, complete with outdoor kitchen, gazebo and jacuzzi - ideal for entertaining. Opportunity to work from home!! Fully insulated garage currently used as a workspace. Explore walking trails along the Credit River, all the festivities of Streetsville and convenient shopping at Heartland TC. All amenities at your doorstep! This is a rare opportunity to own a spectacular, upgraded home in a highly desirable neighbourhood!

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$1,899,900 - 5683 Oldcastle Crescent, Mississauga

Detached for Sale in Mississauga

5Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W12983960
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
5
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY ENTERPRISES INC.
Description

A true show stopper! This stunning 5 bed, 4 bath offers approximately 5000 sq ft of beautifully finished living spaces and showcases over 400K in high end upgrades throughout. Nestled on a family friendly treelined street, this home has been completely reimagined with quality craftsmanship and modern, elegance in mind. Features hardwood floors throughout, a chef's inspired kitchen, newly renovated baths and a fully finished basement with an in-home gym, fully equipped kitchen and rec space. Step outside to your private backyard retreat, complete with outdoor kitchen, gazebo and jacuzzi - ideal for entertaining. Opportunity to work from home!! Fully insulated garage currently used as a workspace. Explore walking trails along the Credit River, all the festivities of Streetsville and convenient shopping at Heartland TC. All amenities at your doorstep! This is a rare opportunity to own a spectacular, upgraded home in a highly desirable neighbourhood!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,403.90/mo

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5-yr fixed avg.

Principal: $1,519,920Interest: $1,001,250
Mortgage Amount$1,519,920
Total Interest$1,001,250
Est. Property Tax$1,346/mo
Total Cost$2,521,170

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

5683 Oldcastle Crescent, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,346
Insurance (est.)-$396
Net Cash Flow+$2,458

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 $633/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.

Market Position

At 20 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.

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 5 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 4 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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