$949,950 - 118 Bonham Boulevard, Mississauga
Detached for Sale in Mississauga
54 days on marketNeighbourhood: Streetsville
- MLS Number
- W13126458
- Property Type
- Detached
- Status
- active
- Days on Site
- 54
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 6,000 sqft
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Detached 3 BedRoom + LEGAL 2 Bedroom Basement Apartment in Prime Streetsville! Bungalow on a premium 50 x 120 ft lot offering long-term value appreciation in one of Mississauga's most desirable neighborhoods. Ground Floor features 3 bedrooms with a bright open-concept layout, modern gourmet kitchen, spacious living area, and an updated full bathroom - ideal for owner-occupancy or Rental. Fully LEGAL 2-bedroom basement apartment includes an updated kitchen, full bathroom, and exclusive ensuite laundry - creating excellent income potential Or Use for your own living. Recent capital improvements include: New Driveway (2025), New Furnace (2024), and a Brand New Oversized Deck (2026), House is fully updated and very well maintained - Check Features and Improvements detailed List attached. Location drives value. Minutes to Highway 401, close to Streetsville GO Station, Credit Valley Hospital, major shopping centres, parks, and top-rated schools including Vista Heights Public School and Streetsville Secondary School. High demand rental pocket with strong tenant profile due to transit access and amenities. Ideal for investors seeking positive cash flow potential, multi-generational living, or live-up-and-rent-down strategy. A rare opportunity combining legal basement income, strong location fundamentals, and long-term appreciation potential. *** Check Attached List of Improvements & Virtual Tour ***
Estimate your monthly payments for this property
Estimated Payment
$4,873.74/mo
Includes CMHC insurance ($26,504)
5-yr fixed avg.
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.
The Village in the City
Streetsville is one of Mississauga's most charming and historic neighbourhoods, known for its village-like atmosphere and vibrant main street. Originally a separate village founded in 1858, Streetsville has maintained its small-town character while benefiting from modern amenities. The area features tree-lined streets, heritage homes, and a strong sense of community pride.
Why Live in Streetsville
- •Historic main street with boutique shops and restaurants
- •Annual Bread and Honey Festival draws thousands of visitors
- •Mix of heritage homes and newer developments
- •Strong sense of community with active residents' association
- •Excellent schools and family-friendly environment
Nearby Schools
Transit & Commuting
- •MiWay bus routes along Queen Street
- •Close proximity to Highway 401 and 403
- •Streetsville GO Station for commuting to Toronto
- •20-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Streetsville Village Square
- •Vic Johnston Community Centre
- •Credit River trails and parks
- •Local farmers' market (seasonal)
- •Historic Streetsville Cemetery
Lifestyle & Community
Streetsville offers a perfect blend of heritage charm and modern convenience. Residents enjoy walkable streets with local shops, cafes, and restaurants. The community is known for its family-friendly atmosphere, excellent schools, and active social calendar including festivals and community events.
118 Bonham Boulevard, Mississauga
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1357/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 54 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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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.