6326 Millers Grove, Mississauga

Price: $1,319,500

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W12955230

Beautifully maintained 4-bed detached home with a legal 2-bed rentable basement in desirable Meadowvale. Approx. 2,500 sq ft above grade (+1,200 sq ft basement finished in 2023), this home offers a classic layout: separate living, dining, and family rooms plus a modern eat-in kitchen (reno 2017) with quartz counters, stylish backsplash, and newer appliances. Hardwood throughout makes it carpet-free. Upstairs, four well-sized bedrooms await. The legal basement suite (rented for approx. $2,000/month; tenants flexible to stay or vacate) offers excellent income potential. The home sits on a 50x120 lot with a large backyard, 2-car garage plus driveway parking. Key updates: Furnace (2015), Heat Pump/AC (2022), Roof (2013), HWT owned (2022). In a top school district (Plum Tree Park PS, French Imme, Rated 9+), near parks, trails, and Meadowvale Town Centre (3 mins), 5 Mins Drive to Smart Centre At 3155 Argentia Road (Walmart, Real Canadian Superstore, Home Depot, LCBO, BestBuy, And Much More; See Pictures) & 10 mins from Toronto Premium Outlets. Easy access to Lisgar/Meadowvale GO stations and highways 401/407/403). A perfect blend of space, updates, and rental income potential!

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active
New Listing
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$1,319,500 - 6326 Millers Grove, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday
6Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W12955230
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Lot Size
6,017 sqft
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Beautifully maintained 4-bed detached home with a legal 2-bed rentable basement in desirable Meadowvale. Approx. 2,500 sq ft above grade (+1,200 sq ft basement finished in 2023), this home offers a classic layout: separate living, dining, and family rooms plus a modern eat-in kitchen (reno 2017) with quartz counters, stylish backsplash, and newer appliances. Hardwood throughout makes it carpet-free. Upstairs, four well-sized bedrooms await. The legal basement suite (rented for approx. $2,000/month; tenants flexible to stay or vacate) offers excellent income potential. The home sits on a 50x120 lot with a large backyard, 2-car garage plus driveway parking. Key updates: Furnace (2015), Heat Pump/AC (2022), Roof (2013), HWT owned (2022). In a top school district (Plum Tree Park PS, French Imme, Rated 9+), near parks, trails, and Meadowvale Town Centre (3 mins), 5 Mins Drive to Smart Centre At 3155 Argentia Road (Walmart, Real Canadian Superstore, Home Depot, LCBO, BestBuy, And Much More; See Pictures) & 10 mins from Toronto Premium Outlets. Easy access to Lisgar/Meadowvale GO stations and highways 401/407/403). A perfect blend of space, updates, and rental income potential!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,836.59/mo

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5-yr fixed avg.

Principal: $1,055,600Interest: $695,378
Mortgage Amount$1,055,600
Total Interest$695,378
Est. Property Tax$935/mo
Total Cost$1,750,978

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

6326 Millers Grove, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$935
Insurance (est.)-$275
Net Cash Flow+$3,140

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 $528/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.

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.

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