1481 Garnet Avenue, Mississauga

Price: $1,100,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13247058

Nestled on a premium 66 x 134.65 ft corner lot in sought-after Mineola, this detached 1.5-storey home offers a rare opportunity to make your mark in one of Mississauga's most desirable neighbourhoods. Featuring 2 bedrooms, 1 bathroom, a detached 2 car garage, and approximately 937 sq ft above grade, the property presents endless potential for those looking to renovate, update, expand, or create a custom vision over time. Surrounded by mature trees and established homes, this exceptional lot offers both immediate enjoyment and future possibilities. Conveniently located near parks, schools, shopping, transit, and major highways. An outstanding opportunity to secure a premium piece of Mineola and bring your vision to life.

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$1,100,000 - 1481 Garnet Avenue, Mississauga

Detached for Sale in Mississauga

32 days on market

Neighbourhood: Mineola

2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13247058
Property Type
Detached
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Nestled on a premium 66 x 134.65 ft corner lot in sought-after Mineola, this detached 1.5-storey home offers a rare opportunity to make your mark in one of Mississauga's most desirable neighbourhoods. Featuring 2 bedrooms, 1 bathroom, a detached 2 car garage, and approximately 937 sq ft above grade, the property presents endless potential for those looking to renovate, update, expand, or create a custom vision over time. Surrounded by mature trees and established homes, this exceptional lot offers both immediate enjoyment and future possibilities. Conveniently located near parks, schools, shopping, transit, and major highways. An outstanding opportunity to secure a premium piece of Mineola and bring your vision to life.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.67/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $880,000Interest: $579,701
Mortgage Amount$880,000
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,701

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: Mineola

Classic Elegance Near the Lake

Mineola is one of Mississauga's most desirable mature neighbourhoods, featuring grand homes on generous lots, tree-lined streets, and a strong community atmosphere. Located between Port Credit and Lorne Park, Mineola offers the best of both worlds - proximity to the waterfront and easy access to major transportation routes.

Why Live in Mineola

  • Grand homes on large, mature lots
  • Tree-lined streets with established character
  • Walking distance to Port Credit village
  • Excellent schools and family environment
  • Strong community engagement

Nearby Schools

Mineola Public SchoolPublic Elementary
Lorne Park Secondary SchoolPublic High School
St. Paul Secondary SchoolCatholic High School
Owenwood Public SchoolPublic Elementary

Transit & Commuting

  • Port Credit GO Station - 5 minute drive
  • MiWay bus service
  • Close to QEW for highway access
  • 18-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Tall Oaks Park
  • Mineola Community Centre
  • Close to Port Credit waterfront
  • Local parks and green spaces
  • Walking trails

Lifestyle & Community

Mineola offers a peaceful, established neighbourhood feel with easy access to Port Credit's amenities. Residents enjoy the best of suburban living with the convenience of nearby urban attractions.

55
Walk Score
$1.2M - $3M
Price Range

1481 Garnet Avenue, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$1,392

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 $1571/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 32 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.

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.

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 Mineola

I know Mineola 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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    1481 Garnet Avenue, Mississauga | $1,100,000 | Battaglia Team