6281 Lisgar Drive, Mississauga

Price: $1,599,990

5 bedrooms, 5 bathrooms

2,500 sq ft

Property Type: Single Family Home

MLS#: W12556704

Welcome to this spacious and meticulously maintained & fully renovated 5-bedroom, 5-bathroom detached home, nestled in one of Mississauga's most desirable neighborhoods. Boasting over 3000 square feet of living space, this home offers the perfect blend of comfort, style, and functionality for growing families or those who love to entertain. The fully updated kitchen showcases brand-new cabinetry, quartz countertops, stainless steel appliances, and a spacious island, making it the heart of the home. The living areas are enhanced with new flooring, upgraded lighting, and a warm, welcoming atmosphere. This property also features generous sized rooms with large windows that flood each space with natural light. The master suite features a walk-in closet and a luxurious ensuite bathroom, complete with a soaking tub and separate shower. A fully finished basement that's versatile and ready to meet your needs. Use it as a media room, home gym, or an in-law suite with a potential separate entrance with endless possibilities! Situated in a family-friendly neighborhood with easy access to major highways, top-rated schools, parks, and all amenities. Whether you're commuting to work or running errands, everything you need is just a short drive away. This home truly has it all move-in ready with a spacious layout, premium finishes, and a location that can't be beat. Don't miss out on the opportunity to make this dream home yours!

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$1,599,990 - 6281 Lisgar Drive, Mississauga

Single Family Home for Sale in Mississauga

32 days on market
5Beds
5Baths
2,500Sq Ft
Single Family Home
Property Details
MLS Number
W12556704
Property Type
Single Family Home
Status
active
Days on Site
32
Bedrooms
5
Bathrooms
5
Square Feet
2,500 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Welcome to this spacious and meticulously maintained & fully renovated 5-bedroom, 5-bathroom detached home, nestled in one of Mississauga's most desirable neighborhoods. Boasting over 3000 square feet of living space, this home offers the perfect blend of comfort, style, and functionality for growing families or those who love to entertain. The fully updated kitchen showcases brand-new cabinetry, quartz countertops, stainless steel appliances, and a spacious island, making it the heart of the home. The living areas are enhanced with new flooring, upgraded lighting, and a warm, welcoming atmosphere. This property also features generous sized rooms with large windows that flood each space with natural light. The master suite features a walk-in closet and a luxurious ensuite bathroom, complete with a soaking tub and separate shower. A fully finished basement that's versatile and ready to meet your needs. Use it as a media room, home gym, or an in-law suite with a potential separate entrance with endless possibilities! Situated in a family-friendly neighborhood with easy access to major highways, top-rated schools, parks, and all amenities. Whether you're commuting to work or running errands, everything you need is just a short drive away. This home truly has it all move-in ready with a spacious layout, premium finishes, and a location that can't be beat. Don't miss out on the opportunity to make this dream home yours!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,077.30/mo

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5-yr fixed avg.

Principal: $1,279,992Interest: $843,197
Mortgage Amount$1,279,992
Total Interest$843,197
Est. Property Tax$1,133/mo
Total Cost$2,123,189

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

6281 Lisgar Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$2,484

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 25+ years of GTA real estate experience

Competitive Pricing

At $640/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 32 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.

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 5 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.

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 $6,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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