5690 Wells Place, Mississauga

Price: $999,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12995364

Bright And Well Maintained 4 Bedroom Detached House ,Move in Ready .2414 Sqft (MPAC) Second Floor Family Room with Cathedral Ceiling .Quite Street ,Deep Lot (140.39 Feet) .Back Yard With Pagoda-style Gazebo .Perfect For Enjoying A Garden Lifestyle .Located In The Most Desirable Central Erin Mills Neighbourhoods ,Highly Ranked John Fraser SS , Walking Distance To Castle Bridge Public School ( With French Immersion).Easy Access To Erin Mills Town Centre ,Walmart ,Nations Fresh Food ,Credit Valley Hospital And Other Amenities .Minutes to Streetsville Go Station .

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New Listing
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$999,000 - 5690 Wells Place, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12995364
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Lot Size
5,202 sqft
Listing Brokerage
GLOBAL BRICKS EXECUTIVE HOMES REALTY
Description

Bright And Well Maintained 4 Bedroom Detached House ,Move in Ready .2414 Sqft (MPAC) Second Floor Family Room with Cathedral Ceiling .Quite Street ,Deep Lot (140.39 Feet) .Back Yard With Pagoda-style Gazebo .Perfect For Enjoying A Garden Lifestyle .Located In The Most Desirable Central Erin Mills Neighbourhoods ,Highly Ranked John Fraser SS , Walking Distance To Castle Bridge Public School ( With French Immersion).Easy Access To Erin Mills Town Centre ,Walmart ,Nations Fresh Food ,Credit Valley Hospital And Other Amenities .Minutes to Streetsville Go Station .

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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
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Price Range

5690 Wells Place, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,384

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $500/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.

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 3 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.

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.

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