7386 Lantern Fly Hollow, Mississauga

Price: $3,500

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13425206

Beautifully maintained detached 4-bedroom home offering a spacious and functional layout with a separate family room, formal living, and dining areas-perfect for both everyday living and entertaining. This very neat and clean property is ideally located with quick and easy access to Highways 401 & 407, making commuting a breeze. Close to all amenities including schools, parks, shopping, and transit. A perfect place to call home!

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New Listing
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$3,500/mo - 7386 Lantern Fly Hollow, Mississauga

Detached for Rent in Mississauga

New — Listed 6 days ago
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13425206
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Beautifully maintained detached 4-bedroom home offering a spacious and functional layout with a separate family room, formal living, and dining areas-perfect for both everyday living and entertaining. This very neat and clean property is ideally located with quick and easy access to Highways 401 & 407, making commuting a breeze. Close to all amenities including schools, parks, shopping, and transit. A perfect place to call home!

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

7386 Lantern Fly Hollow, Mississauga

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,500/mo
↓ Below typical 4-bed market rent
Annual Rent Cost
$42,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,500/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$3,680/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Rent

At $3,500/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in Mississauga. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

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.

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 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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    7386 Lantern Fly Hollow, Mississa… — $3,500 | Battaglia Team