$1,447,700 - 7123 GILLESPIE Lane, Mississauga
Detached for Sale in Mississauga
- MLS Number
- W12942874
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SUTTON GROUP - SUMMIT REALTY INC.
Welcome To 7123 Gillespie Lane, Nestled In The Highly Sought-After Family Friendly Neighbourhood Of Gooderham Estates In Meadowvale Village. This Beautiful 2471 Sq Ft, 4 BedroomHome Plus A Professionally Finished Basement On A Large Premium Corner Lot Has Been LovinglyMaintained By The Original Owners For 25 Years.Step Through The Grand Front Entrance Of This Home And Enter The Elegant And Spacious Foyer.Standing In The Foyer You'll See An Absolutely Breathtaking Layout Featuring Soaring 9FtCeilings, A Stunning Custom Centre Hall Solid Wood Oak Staircase And An Open-Concept DesignFlooded With Natural Light. The Warmth And Beauty Of Hardwood Floors Through-Out The Main FloorWill Make You Never Want To Leave. The Kitchen With Granite Counters, Stainless SteelAppliances, Custom Backsplash And Double Undermount Stainless Steel Sink Is Every Chef's Dream.The Mudroom (Already Roughed In To Convert To A 2nd Laundry Room) At The Back Of The House IsPerfect For Family Members Coming In From The Garage And Backyard.Upstairs You'll Find The Primary (Master) Bedroom. Your Own Private Retreat, A Place Of RefugeWhere Opulence And Luxury Blends With Peace And Tranquility. The 5-Piece Ensuite With His AndHers Sinks, Deep Soaker Tub And A Separate Shower Is The Perfect Place To Begin And Finish EachDay.Three More Generous Sized Bedrooms And A Main 5-Piece Bathroom Completes The 2nd Floor.Downstairs You'll Find A Professionally Finished Basement With A Massive Recreation RoomFeaturing A Gas Fireplace, A 2nd Full Kitchen And Breakfast/Eating Area And A 3-Piece Bathroom.This Laneway Style Home Features A Detached 2-Car Garage With A Storage Loft In Addition To AVery Large Fenced-In Backyard With Interlock Patio For Dining/Entertaining And Ample Lawn AreaFor The Kids To Run Free And Play.Close To Hwy 401 & 407, Shopping, Restaurants, Parks & Walking Trails, Credit ValleyConservation, & Schools This Is The Perfect Home For Your Family.
Estimate your monthly payments for this property
Estimated Payment
$6,403.67/mo
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.
7123 GILLESPIE Lane, 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 $724/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.
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 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.