854 Runningbrook Drive, Mississauga

Price: $999,999

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12955264

Welcome to this well-maintained detached home on a quiet street in sought-after Applewood, offering generous room sizes and a versatile multi-level layout. The main floor features a bright, open-concept living and dining area with hardwood floors throughout, crown moulding, a comfortable space for everyday living and entertaining. The kitchen and breakfast area bring outside in with a walkout to the back patio. The upper level features more hardwood and large windows in every room, basking the start of every day in a radiant and energy-bringing glow. The primary bedroom includes a walk-in closet and a private two-piece ensuite. The lower level adds more sun-soaked living space: a family room with a wood-burning, Canadian-made Elmira fireplace, walkout to the backyard, and built-in cabinetry, alongside a fourth bedroom which could double as a home office and a full laundry room with its own access to the back patio. The basement level includes a second kitchen and recreation room with extensive built-in handmade cabinetry offering ample storage and functional table space with display capability. The large unfinished utility room offers even more potential living space, while the oversized cold room and crawl space means that you can cancel your storage unit rental for good. A well-located property in one of Mississauga's most beautiful neighbourhoods, within walking distance of schools, Cedarbrook Park trails, Mississauga Valley Community Centre and transit. A listing today that could be your home tomorrow.

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New Listing
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$999,999 - 854 Runningbrook Drive, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12955264
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Description

Welcome to this well-maintained detached home on a quiet street in sought-after Applewood, offering generous room sizes and a versatile multi-level layout. The main floor features a bright, open-concept living and dining area with hardwood floors throughout, crown moulding, a comfortable space for everyday living and entertaining. The kitchen and breakfast area bring outside in with a walkout to the back patio. The upper level features more hardwood and large windows in every room, basking the start of every day in a radiant and energy-bringing glow. The primary bedroom includes a walk-in closet and a private two-piece ensuite. The lower level adds more sun-soaked living space: a family room with a wood-burning, Canadian-made Elmira fireplace, walkout to the backyard, and built-in cabinetry, alongside a fourth bedroom which could double as a home office and a full laundry room with its own access to the back patio. The basement level includes a second kitchen and recreation room with extensive built-in handmade cabinetry offering ample storage and functional table space with display capability. The large unfinished utility room offers even more potential living space, while the oversized cold room and crawl space means that you can cancel your storage unit rental for good. A well-located property in one of Mississauga's most beautiful neighbourhoods, within walking distance of schools, Cedarbrook Park trails, Mississauga Valley Community Centre and transit. A listing today that could be your home tomorrow.

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Estimate your monthly payments for this property

Estimated Payment

$5,130.51/mo

Includes CMHC insurance ($27,900)

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5-yr fixed avg.

Principal: $899,999Interest: $611,255
Mortgage Amount$927,899
Total Interest$611,255
Est. Property Tax$708/mo
Total Cost$1,539,154

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

854 Runningbrook Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,384

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 $500/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.

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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