1408 Ballyclare Drive, Mississauga

Price: $1,299,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13772810

Welcome to this charming bungalow nestled in the highly sought-after Erindale neighbourhood. Bright and inviting, this well-maintained home features oversized windows and hardwood floors throughout the main level. The sun-filled living room offers a cozy fireplace, creating a warm and welcoming space for everyday living and entertaining. The spacious eat-in kitchen features a walkout to the deck and flows seamlessly into the dining and living areas. Three generous bedrooms are conveniently located on the main level, providing plenty of space for family living. The fully finished lower level offers excellent versatility, featuring a spacious living room, kitchen, bathroom, and separate side entrance. Perfect for extended family, an in-law suite, or potential income opportunities. Enjoy your own beautifully landscaped backyard oasis with mature trees and lush greenery - an ideal setting for outdoor entertaining, relaxing, and enjoying time with family. Situated on a quiet, family-friendly street and conveniently located minutes from Erindale GO Station, University of Toronto Mississauga, Square One, parks, trails, shopping, and major amenities. A wonderful opportunity in one of Mississauga's most desirable communities!

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active

$1,299,000 - 1408 Ballyclare Drive, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Erindale

3Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13772810
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Taxes (2025)
$7,795
Listing Brokerage
SNOBAR REALTY GROUP INC.
Description

Welcome to this charming bungalow nestled in the highly sought-after Erindale neighbourhood. Bright and inviting, this well-maintained home features oversized windows and hardwood floors throughout the main level. The sun-filled living room offers a cozy fireplace, creating a warm and welcoming space for everyday living and entertaining. The spacious eat-in kitchen features a walkout to the deck and flows seamlessly into the dining and living areas. Three generous bedrooms are conveniently located on the main level, providing plenty of space for family living. The fully finished lower level offers excellent versatility, featuring a spacious living room, kitchen, bathroom, and separate side entrance. Perfect for extended family, an in-law suite, or potential income opportunities. Enjoy your own beautifully landscaped backyard oasis with mature trees and lush greenery - an ideal setting for outdoor entertaining, relaxing, and enjoying time with family. Situated on a quiet, family-friendly street and conveniently located minutes from Erindale GO Station, University of Toronto Mississauga, Square One, parks, trails, shopping, and major amenities. A wonderful opportunity in one of Mississauga's most desirable communities!

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Estimated Payment

$5,745.92/mo

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5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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

1408 Ballyclare Drive, Mississauga

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Investor Analysis

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Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$1,609

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

Premium Pricing

At $1181/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.

Market Position

At 26 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.

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.

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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    1408 Ballyclare Drive, Mississauga | $1,299,000 | Battaglia Team