$999,000 - 578 Silverthorne Crescent, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W12990574
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Offered for the first time in 40 years by the original owners, 578 Silverthorne Crescent reflects decades of pride of ownership - a home carefully maintained and now ready for its next chapter. A smart and functional layout that maximizes every square foot, this bright and spacious 4+2 bedroom detached home offers over 2,000 square feet above grade, PLUS a finished basement with separate side entrance, two kitchens, and two laundry rooms. The upper-level family room with fireplace can be used as a 5th bedroom or office. Freshly painted and updated with newer windows and roof, the home also features hardwood on the main and second floors, an oak staircase with new spindles, smooth ceilings in the living and dining areas as well as an updated kitchen with granite countertops, eat-in area, stainless steel appliances, undermount sink, a ton of cabinet space and convenient walk-out to the backyard. The spacious primary bedroom includes a walk-in closet and 3-piece ensuite. Conveniently located in a well-established Mississauga pocket, this home is just minutes drive from Heartland Town Centre and Square One Shopping Centre, with a plaza within walking distance featuring Paramount Fine Foods and Paramount Butcher Shop-making daily errands and quality groceries effortlessly convenient. Families will appreciate access to schools including St. Francis Xavier Secondary School (8/10 academic rating per the Fraser Institute), along with nearby parks, trails, and green space. Quick access to Highway 403, 401, and Hurontario Street makes commuting across the GTA simple. A standout offering in size, layout, and location.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
578 Silverthorne Crescent, 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 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.
Market Position
At 16 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.
Excellent Flexibility
With 6 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.
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.