7481 Doverwood Drive, Mississauga

Price: $1,190,000

3 bedrooms, 3 bathrooms

2,000 sq ft

Property Type: Single Family Home

MLS#: W12882530

Perfectly situated in one of Mississauga's most thriving and family friendly neighborhood, High / Open Ceiling at Entrance. Gorgeous 2500 sqft Living Space w/ 3 bedrooms, 3 washrooms plus Family room. The main floor features a spacious kitchen, Walking distance to Lisgar GO station, minutes to major highways (401 & 407), groceries, major shopping stores, restaurants, great parks and in a highly rated school district with French immersion and schools such as the highly rated Plum Tree Park Public School

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$1,190,000 - 7481 Doverwood Drive, Mississauga

Single Family Home for Sale in Mississauga

New — Listed yesterday
3Beds
3Baths
~2,000Sq Ft
Single Family Home
Property Details
MLS Number
W12882530
Property Type
Single Family Home
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
~2,000 sqft
Neighbourhood
Mississauga
Lot Size
5,522 sqft
Listing Brokerage
KW Living Realty
Description

Perfectly situated in one of Mississauga's most thriving and family friendly neighborhood, High / Open Ceiling at Entrance. Gorgeous 2500 sqft Living Space w/ 3 bedrooms, 3 washrooms plus Family room. The main floor features a spacious kitchen, Walking distance to Lisgar GO station, minutes to major highways (401 & 407), groceries, major shopping stores, restaurants, great parks and in a highly rated school district with French immersion and schools such as the highly rated Plum Tree Park Public School

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Estimated Payment

$5,263.77/mo

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5-yr fixed avg.

Principal: $952,000Interest: $627,131
Mortgage Amount$952,000
Total Interest$627,131
Est. Property Tax$843/mo
Total Cost$1,579,131

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

7481 Doverwood Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$843
Insurance (est.)-$248
Net Cash Flow+$1,809

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 25+ years of GTA real estate experience

Competitive Pricing

At $595/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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