1423 Malibou Terrace, Mississauga

Price: $2,079,999

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13523552

Welcome to 1423 Malibou Terr, Mississauga. Best location and layout of the street. ---Loads of unique features to offer----: *** Huge Ravine Lot, backyard facing directly onto a park, featuring a gentle slope perfect winter tobogganing. ***Separate living room, family room, dining room, and breakfast area. *** 4 spacious bedrooms on the 2nd floor, 2 bedrooms have a full ensuite bathroom. *** Finished walkout basement with a self-contained 2-bedroom apartment. Separate entrance, kitchen, and laundry. Currently leased to AAA tenants who are willing to stay or vacate. *** 2 Side entrances to the house at both west side and east side. *** Massive main-floor balcony overlooking the greenery, newly upgraded with sleek aluminum-framed tempered glass and composite interlocking tiling. *** Steps to Rattray Marsh Conservation Area, 10-minutes' walk to Lake Ontario. --- MORE---- : Lorne Park Secondary School district. *** 10 minutes' drive to Clarkson Go Station. *** 2 bathroom fully renovated in 2025. *** Elegant plaster crown molding throughout. *** No carpet, hardwood/engineered wood flooring throughout. *** 2 wood burning fireplaces. --- Same proud owner since 2011. Rare in the market. Act fast! --- Disclaimer: Buyers to verify all measurements, taxes, and the retrofit status of the basement apartment.

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New Listing
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$2,079,999 - 1423 Malibou Terrace, Mississauga

Detached for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Clarkson

6Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13523552
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
AVION REALTY INC.
Description

Welcome to 1423 Malibou Terr, Mississauga. Best location and layout of the street. ---Loads of unique features to offer----: *** Huge Ravine Lot, backyard facing directly onto a park, featuring a gentle slope perfect winter tobogganing. ***Separate living room, family room, dining room, and breakfast area. *** 4 spacious bedrooms on the 2nd floor, 2 bedrooms have a full ensuite bathroom. *** Finished walkout basement with a self-contained 2-bedroom apartment. Separate entrance, kitchen, and laundry. Currently leased to AAA tenants who are willing to stay or vacate. *** 2 Side entrances to the house at both west side and east side. *** Massive main-floor balcony overlooking the greenery, newly upgraded with sleek aluminum-framed tempered glass and composite interlocking tiling. *** Steps to Rattray Marsh Conservation Area, 10-minutes' walk to Lake Ontario. --- MORE---- : Lorne Park Secondary School district. *** 10 minutes' drive to Clarkson Go Station. *** 2 bathroom fully renovated in 2025. *** Elegant plaster crown molding throughout. *** No carpet, hardwood/engineered wood flooring throughout. *** 2 wood burning fireplaces. --- Same proud owner since 2011. Rare in the market. Act fast! --- Disclaimer: Buyers to verify all measurements, taxes, and the retrofit status of the basement apartment.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,200.54/mo

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5-yr fixed avg.

Principal: $1,663,999Interest: $1,096,162
Mortgage Amount$1,663,999
Total Interest$1,096,162
Est. Property Tax$1,473/mo
Total Cost$2,760,161

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: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • Excellent schools including Clarkson Secondary
  • Charming village core with local businesses
  • Family-friendly parks and recreation
  • Clarkson GO Station for easy commuting
  • Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • Clarkson GO Station - direct line to Union Station
  • MiWay bus connections
  • Easy access to QEW and Highway 403
  • 20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Clarkson Community Centre
  • Rattray Marsh Conservation Area
  • Richard's Memorial Park
  • Clarkson Village shops and restaurants
  • Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

1423 Malibou Terrace, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,473
Insurance (est.)-$433
Net Cash Flow+$2,444

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

Fair Market Value

At $832/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

Excellent Flexibility

With 6 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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    1423 Malibou Terrace, Mississauga | $2,079,999 | Battaglia Team