72 Oakes Drive, Mississauga

Price: $3,499,000

6 bedrooms, 6 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13235660

Discover this custom-built masterpiece in prestigious Mineola on a premium 75 x 100 ft corner lot with a walk-out basement. Designed for comfort and sophistication, this stunning residence offers 4+2 bedrooms, 6 bathrooms, and over 4,600 sq ft of beautifully finished living space across three levels, with excellent income potential from the lower level. Step through the front entry to soaring coffered ceilings, wide-plank engineered hardwood floors, and a floating spiral staircase wrapped in natural light. The main level integrates design and function with a built-in speaker system, Control4 wiring roughed-in, security cameras, ambient LED cove lighting, and oversized picture windows creating a warm yet modern aesthetic. The open-concept dining room offers backyard views, while the family room is anchored by a full-height book-matched fireplace wall. The chef's kitchen features an oversized waterfall quartz island, integrated panelled appliances, and custom cabinetry. Upstairs, four spacious bedrooms include walk-in closets and ensuite or semi-ensuite access. The primary suite showcases tray ceilings, ambient lighting, and a spa-inspired 5-piece ensuite with heated floors, freestanding tub, and glass shower with gold trim. The finished lower level offers two separate units. The first unit includes a private exterior entrance, two bedrooms, full bathroom, kitchen, living area, separate laundry, and storage - ideal for multi-generational living or rental income to supplement mortgage payments. The second unit provides extended living space with a wet bar, recreation room, and full bathroom. Two cold rooms provide additional storage and functionality. Exterior highlights include a double garage, professionally landscaped grounds, and a private driveway for convenient parking. Situated in a prime location close to top-rated public and private schools including Mentor College, waterfront parks/trails, quick access to the QEW, Highway 403 and more!

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New Listing
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$3,499,000 - 72 Oakes Drive, Mississauga

Detached for Sale in Mississauga

New — Listed 5 days ago
6Beds
6Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13235660
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
6
Bathrooms
6
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Discover this custom-built masterpiece in prestigious Mineola on a premium 75 x 100 ft corner lot with a walk-out basement. Designed for comfort and sophistication, this stunning residence offers 4+2 bedrooms, 6 bathrooms, and over 4,600 sq ft of beautifully finished living space across three levels, with excellent income potential from the lower level. Step through the front entry to soaring coffered ceilings, wide-plank engineered hardwood floors, and a floating spiral staircase wrapped in natural light. The main level integrates design and function with a built-in speaker system, Control4 wiring roughed-in, security cameras, ambient LED cove lighting, and oversized picture windows creating a warm yet modern aesthetic. The open-concept dining room offers backyard views, while the family room is anchored by a full-height book-matched fireplace wall. The chef's kitchen features an oversized waterfall quartz island, integrated panelled appliances, and custom cabinetry. Upstairs, four spacious bedrooms include walk-in closets and ensuite or semi-ensuite access. The primary suite showcases tray ceilings, ambient lighting, and a spa-inspired 5-piece ensuite with heated floors, freestanding tub, and glass shower with gold trim. The finished lower level offers two separate units. The first unit includes a private exterior entrance, two bedrooms, full bathroom, kitchen, living area, separate laundry, and storage - ideal for multi-generational living or rental income to supplement mortgage payments. The second unit provides extended living space with a wet bar, recreation room, and full bathroom. Two cold rooms provide additional storage and functionality. Exterior highlights include a double garage, professionally landscaped grounds, and a private driveway for convenient parking. Situated in a prime location close to top-rated public and private schools including Mentor College, waterfront parks/trails, quick access to the QEW, Highway 403 and more!

Mortgage Calculator

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Estimated Payment

$15,477.26/mo

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5-yr fixed avg.

Principal: $2,799,200Interest: $1,843,977
Mortgage Amount$2,799,200
Total Interest$1,843,977
Est. Property Tax$2,478/mo
Total Cost$4,643,177

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

72 Oakes Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$2,478
Insurance (est.)-$729
Net Cash Flow+$1,393

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1166/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 6 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.

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    72 Oakes Drive, Mississauga — $3,499,000 | Battaglia Team