1141 Vicki Lane, Mississauga

Price: $1,895,500

5 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13492442

Welcome to this exceptional home nestled on a quiet, sun-filled court just steps from the prestigious Credit Valley Golf and Country Club. Offering over 4,500 sq. ft. of beautifully designed living space, this residence blends timeless elegance with modern comfort.Thoughtfully renovated throughout, the home features four beautifully updated bathrooms, custom closets, imported Spanish and Italian tiles and fixtures, plaster crown moulding, and new hardwood flooring on the main level. Expansive principal rooms are filled with natural light from oversized windows and skylights, while the stone fireplace and pot lights create a warm and inviting atmosphere in cooler weather. A separate entrance offers flexibility for an in-law suite or multigenerational living.Outside, escape to your own private oasis featuring a gorgeous fenced backyard with mature landscaping and an oversized deck perfect for entertaining. The detached workshop with hydro offers endless possibilities as a hobby space or for additional storage.Offering exceptional space, refined finishes, and an unbeatable location, this is more than a home-it's a lifestyle waiting to be enjoyed.

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$1,895,500 - 1141 Vicki Lane, Mississauga

Detached for Sale in Mississauga

Popular Listing

Neighbourhood: Erindale

5Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13492442
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
5
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
WAHI REALTY INC.
Description

Welcome to this exceptional home nestled on a quiet, sun-filled court just steps from the prestigious Credit Valley Golf and Country Club. Offering over 4,500 sq. ft. of beautifully designed living space, this residence blends timeless elegance with modern comfort.Thoughtfully renovated throughout, the home features four beautifully updated bathrooms, custom closets, imported Spanish and Italian tiles and fixtures, plaster crown moulding, and new hardwood flooring on the main level. Expansive principal rooms are filled with natural light from oversized windows and skylights, while the stone fireplace and pot lights create a warm and inviting atmosphere in cooler weather. A separate entrance offers flexibility for an in-law suite or multigenerational living.Outside, escape to your own private oasis featuring a gorgeous fenced backyard with mature landscaping and an oversized deck perfect for entertaining. The detached workshop with hydro offers endless possibilities as a hobby space or for additional storage.Offering exceptional space, refined finishes, and an unbeatable location, this is more than a home-it's a lifestyle waiting to be enjoyed.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,384.44/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,516,400Interest: $998,931
Mortgage Amount$1,516,400
Total Interest$998,931
Est. Property Tax$1,343/mo
Total Cost$2,515,331

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

1141 Vicki Lane, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,343
Insurance (est.)-$395
Net Cash Flow+$2,462

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 $632/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.

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 3,000 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 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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    1141 Vicki Lane, Mississauga | $1,895,500 | Battaglia Team