$4,599,900 - 1511 Broadmoor Avenue, Mississauga
Detached for Sale in Mississauga
64 days on marketNeighbourhood: Mineola
- MLS Number
- W13079892
- Property Type
- Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 6
- Bathrooms
- 8
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Welcome to this exceptional custom-built estate in the prestigious Mineola community, thoughtfully designed for large or multi-generational family living & offering 4+2 bedrooms, 8 baths, 2 kitchens & 3 laundry rooms in 8,900+ sf of refined living space. Showcasing impeccable attention to quality & detail, a grand mahogany double-door entrance opens to a breathtaking two-storey foyer with a sweeping staircase & elegant custom wrought iron railings, complemented by timeless limestone archways throughout the main level. The main floor features a sophisticated living room with fireplace, an elegant dining room with side access to a private porch, & a convenient servery connecting to the gourmet kitchen. The kitchen with a walkout to a covered porch, is beautifully appointed with rich walnut cabinetry, high end appliances & seamlessly flows to the family room highlighted by a soaring skylight and a stunning gas fireplace with custom built-ins. A rare main floor primary retreat offers ultimate comfort with 2 walk-in closets & a luxurious 5-pce spa-like ensuite. Additional main floor features include a private office, mudroom, & laundry room. Upstairs, a second primary suite includes a 5-pce ensuite and large walk-in closet, while two additional bedrooms each enjoy their own private 3-pce ensuites & a convenient 2nd floor laundry. The finished basement offers incredible versatility with an exercise room (or bedroom) with ensuite, theatre room, recreation area with wet bar, & a fully self-contained in-law suite with separate walk up to the back yard, offering a kitchen, living area, bedroom, & laundry-ideal for extended family or guests. Set on an oversized lot with a circular driveway for up to 12 cars, the home also features a private backyard with endless opportunities. Located just minutes to Port Credit, the lake, top-rated schools, shopping, & easy access to downtown Toronto, this remarkable property offers luxury, space, & an unbeatable lifestyle.
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Estimated Payment
$20,346.91/mo
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.
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
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.
1511 Broadmoor Avenue, Mississauga
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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
Fair Market Value
At $920/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.
Negotiation Opportunity
At 64 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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 8 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.