898 Parkland Ave Avenue, Mississauga

Price: $3,590,000

5 bedrooms, 6 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: W13415794

A new era of luxury, Steps to the LAKE Ontario! over 5,500 Sqft with its abundant light, lavish amenities, and designer touches, this beauty will captivate your heart. Elegance and sophistication is quickly recognized upon pulling into the 10-car driveway with stone interlocking. Finely Crafted Living Space, Offering: High Ceilings, Exquisite Foyer, Executive Office, Designer Kitchen W/Panoramic View Of Backyard Oasis, Breakfast Area, Great Room With Coffered Ceilings, built in Speaker & Walk Out. The kitchen is the epitome of culinary excellence with granite countertops, JENNAIR appliances, and a butler's servery that seamlessly integrates the kitchen to the formal dining and living areas - perfect for those sophisticated soirees. Retreat To Master Suite With Balcony, Sitting Area And Double Sided Gas Fireplace, Spa Inspired Ensuite with heated floors & Large W/I Closet. The Finished Lower Level Includes A Recreation Room With A Marble Fireplace, Wet Bar, a Private Cinema with built-in sound system, 5th Bedroom, And Spa-Like 2 Bath. Beautifully landscaped backyard with large composite deck. Peace and privacy are guaranteed with a single entry point.

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active
New Listing
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$3,590,000 - 898 Parkland Ave Avenue, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago
5Beds
6Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
W13415794
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
6
Square Feet
5,000+ sqft
Neighbourhood
Mississauga
Listing Brokerage
BEST SELLERS REAL ESTATE LTD.
Description

A new era of luxury, Steps to the LAKE Ontario! over 5,500 Sqft with its abundant light, lavish amenities, and designer touches, this beauty will captivate your heart. Elegance and sophistication is quickly recognized upon pulling into the 10-car driveway with stone interlocking. Finely Crafted Living Space, Offering: High Ceilings, Exquisite Foyer, Executive Office, Designer Kitchen W/Panoramic View Of Backyard Oasis, Breakfast Area, Great Room With Coffered Ceilings, built in Speaker & Walk Out. The kitchen is the epitome of culinary excellence with granite countertops, JENNAIR appliances, and a butler's servery that seamlessly integrates the kitchen to the formal dining and living areas - perfect for those sophisticated soirees. Retreat To Master Suite With Balcony, Sitting Area And Double Sided Gas Fireplace, Spa Inspired Ensuite with heated floors & Large W/I Closet. The Finished Lower Level Includes A Recreation Room With A Marble Fireplace, Wet Bar, a Private Cinema with built-in sound system, 5th Bedroom, And Spa-Like 2 Bath. Beautifully landscaped backyard with large composite deck. Peace and privacy are guaranteed with a single entry point.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$15,879.78/mo

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5-yr fixed avg.

Principal: $2,872,000Interest: $1,891,934
Mortgage Amount$2,872,000
Total Interest$1,891,934
Est. Property Tax$2,543/mo
Total Cost$4,763,934

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

898 Parkland Ave Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,200/mo
Range: $4,420 - $5,980
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,200
Maintenance Fees-$0
Property Tax (est.)-$2,543
Insurance (est.)-$748
Net Cash Flow+$1,909

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

Competitive Pricing

At $718/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.

Larger Home Realities

At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 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 6 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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    898 Parkland Ave Avenue, Miss… — $3,590,000 | Battaglia Team