7101 Codlin Avenue, Mississauga

Price: $699,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13004144

Discover Comfort, Space, And Smart Investment In One Property! This Well-Maintained 5-Level Backsplit Semi Offers A Functional Layout Ideal For Large Families And Investors. Located In A Highly Sought-After Malton Neighborhood, This Home Blends Convenience With Income Potential.Featuring 4+1 Bedrooms And 3 Full Bathrooms, The Home Offers Bright, Open Living Areas With Laminate Flooring, Upgraded Windows, And Renovated Kitchen & Bathrooms. Three Generous Bedrooms Are Situated On The Upper Level, One Bedroom On The Main Floor, And A Fully Finished Basement With Separate Entrance And Second Kitchen-Perfect For An In-Law Suite Or Rental Opportunity. Enjoy Walking Distance To Schools, Parks, Shopping, Transit, Places Of Worship, And Just Minutes From Pearson Airport, Highways 427/401/407, And Malton GO Station. A Fantastic Opportunity For First-Time Buyers And Investors To Own A Spacious, Well-Kept Home In A Prime Location.

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New Listing
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$699,000 - 7101 Codlin Avenue, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed yesterday
5Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13004144
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
LPT REALTY
Description

Discover Comfort, Space, And Smart Investment In One Property! This Well-Maintained 5-Level Backsplit Semi Offers A Functional Layout Ideal For Large Families And Investors. Located In A Highly Sought-After Malton Neighborhood, This Home Blends Convenience With Income Potential.Featuring 4+1 Bedrooms And 3 Full Bathrooms, The Home Offers Bright, Open Living Areas With Laminate Flooring, Upgraded Windows, And Renovated Kitchen & Bathrooms. Three Generous Bedrooms Are Situated On The Upper Level, One Bedroom On The Main Floor, And A Fully Finished Basement With Separate Entrance And Second Kitchen-Perfect For An In-Law Suite Or Rental Opportunity. Enjoy Walking Distance To Schools, Parks, Shopping, Transit, Places Of Worship, And Just Minutes From Pearson Airport, Highways 427/401/407, And Malton GO Station. A Fantastic Opportunity For First-Time Buyers And Investors To Own A Spacious, Well-Kept Home In A Prime Location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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

7101 Codlin Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$2,959

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 $466/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 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 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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