1070 Geran Crescent, Mississauga

Price: $2,599,900

4 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13003076

Nestled in one of Mississauga's most desirable communities, just moments from the prestigious Mississauga Golf and Country Club, this stately residence offers timeless appeal and exceptional space for family living and entertaining. Built with enduring quality and traditional craftsmanship, the home features luxurious marble floors, marble fireplaces, and classic herringbone wood floors throughout the living, dining, and family rooms. Offering four bedrooms and five bathrooms, the home boasts generous principal rooms and a functional layout with tremendous potential.The finished walk-out basement with a second kitchen provides added versatility for extended family living, guests, or future customization.While the home has been well cared for over the years, it presents an excellent opportunity for buyers looking to renovate, modernize, or add their own personal vision. A property of this scale and location rarely becomes available, making it the perfect canvas to create a truly exceptional residence in one of Mississauga's most sought-after neighbourhoods.

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$2,599,900 - 1070 Geran Crescent, Mississauga

Detached for Sale in Mississauga

83 days on market

Neighbourhood: Sheridan

4Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13003076
Property Type
Detached
Status
active
Days on Site
83
Bedrooms
4
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
KW Living Realty
Description

Nestled in one of Mississauga's most desirable communities, just moments from the prestigious Mississauga Golf and Country Club, this stately residence offers timeless appeal and exceptional space for family living and entertaining. Built with enduring quality and traditional craftsmanship, the home features luxurious marble floors, marble fireplaces, and classic herringbone wood floors throughout the living, dining, and family rooms. Offering four bedrooms and five bathrooms, the home boasts generous principal rooms and a functional layout with tremendous potential.The finished walk-out basement with a second kitchen provides added versatility for extended family living, guests, or future customization.While the home has been well cared for over the years, it presents an excellent opportunity for buyers looking to renovate, modernize, or add their own personal vision. A property of this scale and location rarely becomes available, making it the perfect canvas to create a truly exceptional residence in one of Mississauga's most sought-after neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,500.23/mo

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5-yr fixed avg.

Principal: $2,079,920Interest: $1,370,150
Mortgage Amount$2,079,920
Total Interest$1,370,150
Est. Property Tax$1,842/mo
Total Cost$3,450,070

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: Sheridan

Academic Excellence and Green Living

Sheridan is anchored by Sheridan College's main campus and offers a blend of student housing, family homes, and new developments. The neighbourhood benefits from significant green space along the Credit River and is known for its creative, academic atmosphere.

Why Live in Sheridan

  • Sheridan College main campus
  • Credit River access and trails
  • Growing residential development
  • Creative and academic community
  • Good transit connections

Nearby Schools

Sheridan CollegeCollege
Erindale Secondary SchoolPublic High School
Credit Woodlands SSPublic High School
Sheridan Public SchoolPublic Elementary

Transit & Commuting

  • MiWay bus routes to Sheridan College
  • Highway 403 access
  • Planned transit improvements
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Riverwood Conservancy
  • Credit River trails
  • Sheridan College facilities
  • Erin Mills Town Centre (nearby)
  • Community parks

Lifestyle & Community

Sheridan offers a creative, academic atmosphere with excellent access to nature. The neighbourhood appeals to students, faculty, and families who value education and outdoor recreation.

45
Walk Score
$550K - $1.1M
Price Range

1070 Geran Crescent, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$1,842
Insurance (est.)-$542
Net Cash Flow+$1,666

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 $743/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.

Negotiation Opportunity

At 83 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 3,500 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.

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 5 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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    1070 Geran Crescent, Mississauga | $2,599,900 | Battaglia Team