118 Surbray Grove, Mississauga

Price: $799,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13688474

A Smart Investment. A Flexible Family Home. An Exceptional Income Opportunity Welcome To Central Mississauga, A Beautifully Maintained And Thoughtfully Upgraded Semi-Detached Home, Offering The Perfect Blend Of Comfortable Family Living And Income Potential. The Fully Finished Basement Apartment Provides An Excellent Opportunity For Investors Seeking Rental Income Or End-Users Looking For A Multi-Generational Living Arrangement. Live In The Main Home While Generating Income From The Lower Level, Or Enjoy A Private Space For Extended Family Or Guests. The Bright, Open-Concept Main Floor Features Spacious Living And Dining Areas With A Large Picture Window, A Family-Sized Kitchen With Stainless Steel Appliances, Ample Cabinetry And Breakfast Area, Three Large-Sized Bedrooms, An Oversized Bathroom, And Convenient Main-Floor Laundry. Oversized Windows Throughout Fill The Home With Natural Light. The Finished Lower Level Features A Separate Entrance, Modern Kitchen, Comfortable Living Area With Fireplace, Full Bathroom, Second Laundry Room, And Built-In Bar, Ideal For Extended Family, Guests, Or Potential Rental Income. Step Outside To A Private Backyard Oasis Featuring A Spacious Patio With Gazebo, Beautiful Garden, Top-Of-The-Line Hot Tub, And Fire Pit. Perfect For Relaxing, Entertaining, Or Enjoying Time With Family And Friends. Located In The Heart Of Mississauga, You're Just Minutes From Cooksville GO Station, Square One Shopping Centre, Dining, Schools, Parks, Recreation, And Major Highways. Steps To Fairview Park, Offering A Beautifully Maintained Tennis Court, Soccer Field, And Kids Playground. Whether You're An Investor Looking To Grow Your Portfolio Or An End-User Seeking Flexible Multi-Generational Living, This Property Offers The Space, Versatility, And Location To Make It Happen. A Home That Works For You Today And For The Future. Don't Miss This Opportunity!

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active
New Listing
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$799,000 - 118 Surbray Grove, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed 5 days ago

Neighbourhood: Fairview

3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
W13688474
Property Type
Semi-Detached
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

A Smart Investment. A Flexible Family Home. An Exceptional Income Opportunity Welcome To Central Mississauga, A Beautifully Maintained And Thoughtfully Upgraded Semi-Detached Home, Offering The Perfect Blend Of Comfortable Family Living And Income Potential. The Fully Finished Basement Apartment Provides An Excellent Opportunity For Investors Seeking Rental Income Or End-Users Looking For A Multi-Generational Living Arrangement. Live In The Main Home While Generating Income From The Lower Level, Or Enjoy A Private Space For Extended Family Or Guests. The Bright, Open-Concept Main Floor Features Spacious Living And Dining Areas With A Large Picture Window, A Family-Sized Kitchen With Stainless Steel Appliances, Ample Cabinetry And Breakfast Area, Three Large-Sized Bedrooms, An Oversized Bathroom, And Convenient Main-Floor Laundry. Oversized Windows Throughout Fill The Home With Natural Light. The Finished Lower Level Features A Separate Entrance, Modern Kitchen, Comfortable Living Area With Fireplace, Full Bathroom, Second Laundry Room, And Built-In Bar, Ideal For Extended Family, Guests, Or Potential Rental Income. Step Outside To A Private Backyard Oasis Featuring A Spacious Patio With Gazebo, Beautiful Garden, Top-Of-The-Line Hot Tub, And Fire Pit. Perfect For Relaxing, Entertaining, Or Enjoying Time With Family And Friends. Located In The Heart Of Mississauga, You're Just Minutes From Cooksville GO Station, Square One Shopping Centre, Dining, Schools, Parks, Recreation, And Major Highways. Steps To Fairview Park, Offering A Beautifully Maintained Tennis Court, Soccer Field, And Kids Playground. Whether You're An Investor Looking To Grow Your Portfolio Or An End-User Seeking Flexible Multi-Generational Living, This Property Offers The Space, Versatility, And Location To Make It Happen. A Home That Works For You Today And For The Future. Don't Miss This Opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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: Fairview

Discover Fairview

Fairview 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 Fairview

  • 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

Fairview 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

118 Surbray Grove, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,068

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 $726/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

About Fairview

I know Fairview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    118 Surbray Grove, Mississauga | $799,000 | Battaglia Team