7208 Hermitage Road, Mississauga

Price: $1,169,900

6 bedrooms, 4 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W12995128

Welcome to this immaculate 3+3 bedroom, 4 washroom detached bungalow in a highly desirable neighborhood where homes are rarely available. Situated on a huge 50 x 125 ft lot with a double car garage, this bright and spacious home is in move-in condition and filled with natural light. The main level features hardwood and ceramic flooring throughout, while the large 3-bedroom basement with a separate entrance offers excellent rental income potential. This well-maintained home clearly reflects pride of ownership and is ready to impress even the most discerning buyers. Surrounded by newly built multi-million dollar homes, this property offers exceptional value in a prestigious and evolving area. This one will not last. Conveniently located close to all amenities, including Westwood Mall, schools, places of worship, transit, GO Station, the airport, and major highways. Extras: All ELF's, 2 fridges, 2 stoves, washer, dryer, all window coverings, and garage door opener.

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$1,169,900 - 7208 Hermitage Road, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago
6Beds
4Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W12995128
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
6
Bathrooms
4
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
HOMELIFE SILVERCITY REALTY INC.
Description

Welcome to this immaculate 3+3 bedroom, 4 washroom detached bungalow in a highly desirable neighborhood where homes are rarely available. Situated on a huge 50 x 125 ft lot with a double car garage, this bright and spacious home is in move-in condition and filled with natural light. The main level features hardwood and ceramic flooring throughout, while the large 3-bedroom basement with a separate entrance offers excellent rental income potential. This well-maintained home clearly reflects pride of ownership and is ready to impress even the most discerning buyers. Surrounded by newly built multi-million dollar homes, this property offers exceptional value in a prestigious and evolving area. This one will not last. Conveniently located close to all amenities, including Westwood Mall, schools, places of worship, transit, GO Station, the airport, and major highways. Extras: All ELF's, 2 fridges, 2 stoves, washer, dryer, all window coverings, and garage door opener.

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Estimate your monthly payments for this property

Estimated Payment

$5,174.86/mo

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5-yr fixed avg.

Principal: $935,920Interest: $616,539
Mortgage Amount$935,920
Total Interest$616,539
Est. Property Tax$829/mo
Total Cost$1,552,459

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

7208 Hermitage Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$829
Insurance (est.)-$244
Net Cash Flow+$2,927

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

Premium Pricing

At $1671/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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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