785 Canyon Street, Mississauga

Price: $2,480,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13434862

Ultimate show home with resort style backyard retreat! Regal Curbside appeal contrasting elegant red brick, rich black accenting, architectural columns, gracious covered porch and matching linear landscaping. Spectacular family friendly almost 3000 sq ft 4+1 bdrm design with separate entrance to entertainer's finished basement + nanny/guest suite or potential In-law living. Bright, airy & spacious main level offers chef's kitchen with centre island open to family room with fireplace, both overlooking patio & yard oasis. Impressive & inviting central sunken Dining room with fireplace tempts daily use. Formal front room perfect for office, entertaining or quiet retreat. Perfectly situated Primary bdrm suite overlooking private rear grounds. 3 additional bdrms plus desirable large laundry room complete the 2nd level. Custom pool shed with covered lounge zone overlooks gorgeous saltwater pool, expansive patio entertainment/BBQ area, significant grassed areas-for kids & pets, all thoughtfully landscaped to perfection! Exclusive Watercolours neighbourhood includes St Luke elementary school + Lorne Park secondary catchment. Stroll into Port Credit + enjoy local & Lakefront trails. Min to highway, GO, easy Downtown & airport commuting.

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active
New Listing
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$2,480,000 - 785 Canyon Street, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago
4Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13434862
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
HODGINS REALTY GROUP INC.
Description

Ultimate show home with resort style backyard retreat! Regal Curbside appeal contrasting elegant red brick, rich black accenting, architectural columns, gracious covered porch and matching linear landscaping. Spectacular family friendly almost 3000 sq ft 4+1 bdrm design with separate entrance to entertainer's finished basement + nanny/guest suite or potential In-law living. Bright, airy & spacious main level offers chef's kitchen with centre island open to family room with fireplace, both overlooking patio & yard oasis. Impressive & inviting central sunken Dining room with fireplace tempts daily use. Formal front room perfect for office, entertaining or quiet retreat. Perfectly situated Primary bdrm suite overlooking private rear grounds. 3 additional bdrms plus desirable large laundry room complete the 2nd level. Custom pool shed with covered lounge zone overlooks gorgeous saltwater pool, expansive patio entertainment/BBQ area, significant grassed areas-for kids & pets, all thoughtfully landscaped to perfection! Exclusive Watercolours neighbourhood includes St Luke elementary school + Lorne Park secondary catchment. Stroll into Port Credit + enjoy local & Lakefront trails. Min to highway, GO, easy Downtown & airport commuting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,969.88/mo

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5-yr fixed avg.

Principal: $1,984,000Interest: $1,306,963
Mortgage Amount$1,984,000
Total Interest$1,306,963
Est. Property Tax$1,757/mo
Total Cost$3,290,963

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

785 Canyon Street, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,757
Insurance (est.)-$517
Net Cash Flow+$1,276

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

Fair Market Value

At $992/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 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.

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    785 Canyon Street, Mississauga — $2,480,000 | Battaglia Team