1055 Claredale Road, Mississauga

Price: $820,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13575078

This semi-detached backsplit 3 plus basement is situated on a quiet cul-de-sac within a prestigious Mississauga neighborhood characterized by million-dollar custom residential homes. The property features a versatile 4+1 bedroom layout designed to accommodate multi-generational living or dual-stream rental income. The main and upper levels function as a self-contained living space containing three bedrooms, a kitchen, and a washroom. The lower level and basement are configured as a separate apartment comprising two bedrooms, a kitchen, and washroom facilities. Please note that these separate living spaces may not be legal, and it is the sole responsibility of the buyer to verify the legal status, zoning compliance, and building requirements with the appropriate municipal authorities. The property and all inclusions are being sold in as-is condition. The location provides immediate access to essential amenities and major transportation corridors. The residence is minutes from the Dixie Outlet Mall and Sherway Gardens, offering extensive retail, services, and dining options. Outdoor recreation is available nearby at Applewood Hills Park and the Etobicoke Creek Trail system. For commuters, the property is a short drive from the Dixie GO Station and offers rapid access to the QEW and Highway 427, facilitating efficient travel to downtown Toronto and Pearson International Airport. The surrounding area is served by several reputable public and Catholic schools and maintains high rental demand due to its central location. This property offers a unique opportunity to enter a high-value residential pocket with significant potential for value addition or mortgage assistance in a low-traffic, private setting.

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$820,000 - 1055 Claredale Road, Mississauga

Semi-Detached for Sale in Mississauga

38 days on market

Neighbourhood: Mineola

5Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13575078
Property Type
Semi-Detached
Status
active
Days on Site
38
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
ACCSELL REALTY INC.
Description

This semi-detached backsplit 3 plus basement is situated on a quiet cul-de-sac within a prestigious Mississauga neighborhood characterized by million-dollar custom residential homes. The property features a versatile 4+1 bedroom layout designed to accommodate multi-generational living or dual-stream rental income. The main and upper levels function as a self-contained living space containing three bedrooms, a kitchen, and a washroom. The lower level and basement are configured as a separate apartment comprising two bedrooms, a kitchen, and washroom facilities. Please note that these separate living spaces may not be legal, and it is the sole responsibility of the buyer to verify the legal status, zoning compliance, and building requirements with the appropriate municipal authorities. The property and all inclusions are being sold in as-is condition. The location provides immediate access to essential amenities and major transportation corridors. The residence is minutes from the Dixie Outlet Mall and Sherway Gardens, offering extensive retail, services, and dining options. Outdoor recreation is available nearby at Applewood Hills Park and the Etobicoke Creek Trail system. For commuters, the property is a short drive from the Dixie GO Station and offers rapid access to the QEW and Highway 427, facilitating efficient travel to downtown Toronto and Pearson International Airport. The surrounding area is served by several reputable public and Catholic schools and maintains high rental demand due to its central location. This property offers a unique opportunity to enter a high-value residential pocket with significant potential for value addition or mortgage assistance in a low-traffic, private setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,207.03/mo

Includes CMHC insurance ($22,878)

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5%10%50%

5-yr fixed avg.

Principal: $738,000Interest: $501,230
Mortgage Amount$760,878
Total Interest$501,230
Est. Property Tax$581/mo
Total Cost$1,262,108

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: Mineola

Classic Elegance Near the Lake

Mineola is one of Mississauga's most desirable mature neighbourhoods, featuring grand homes on generous lots, tree-lined streets, and a strong community atmosphere. Located between Port Credit and Lorne Park, Mineola offers the best of both worlds - proximity to the waterfront and easy access to major transportation routes.

Why Live in Mineola

  • Grand homes on large, mature lots
  • Tree-lined streets with established character
  • Walking distance to Port Credit village
  • Excellent schools and family environment
  • Strong community engagement

Nearby Schools

Mineola Public SchoolPublic Elementary
Lorne Park Secondary SchoolPublic High School
St. Paul Secondary SchoolCatholic High School
Owenwood Public SchoolPublic Elementary

Transit & Commuting

  • Port Credit GO Station - 5 minute drive
  • MiWay bus service
  • Close to QEW for highway access
  • 18-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Tall Oaks Park
  • Mineola Community Centre
  • Close to Port Credit waterfront
  • Local parks and green spaces
  • Walking trails

Lifestyle & Community

Mineola offers a peaceful, established neighbourhood feel with easy access to Port Credit's amenities. Residents enjoy the best of suburban living with the convenience of nearby urban attractions.

55
Walk Score
$1.2M - $3M
Price Range

1055 Claredale Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$581
Insurance (est.)-$171
Net Cash Flow+$2,848

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 $547/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.

Market Position

At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 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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    1055 Claredale Road, Mississauga | $820,000 | Battaglia Team