1518 Cawthra Road, Mississauga

Price: $849,000

4 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13621970

Incredible opportunity in the highly coveted Mineola neighbourhood! Set on an expansive 50 x 220ft lot this exceptional property is a rare gem and offers great potential for families, investors, live/work set up and home-based business owners looking for maximum exposure or ideal for handyman/contractors looking for a property with great development potential. The large driveway accommodates up to 20 vehicles and the home features 4 bedrooms, a generous living room, a family sized kitchen plus a sun-filled family room. Conveniently located close to major highways, shopping centres, public transportation, GO transit, parks, schools, community centre & so much more! A rare chance to secure a large lot in a prestigious neighbourhood with exceptional exposure and versatility-opportunities like this don't come often. Location, location, location!

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$849,000 - 1518 Cawthra Road, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Mineola

4Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13621970
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
4
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Incredible opportunity in the highly coveted Mineola neighbourhood! Set on an expansive 50 x 220ft lot this exceptional property is a rare gem and offers great potential for families, investors, live/work set up and home-based business owners looking for maximum exposure or ideal for handyman/contractors looking for a property with great development potential. The large driveway accommodates up to 20 vehicles and the home features 4 bedrooms, a generous living room, a family sized kitchen plus a sun-filled family room. Conveniently located close to major highways, shopping centres, public transportation, GO transit, parks, schools, community centre & so much more! A rare chance to secure a large lot in a prestigious neighbourhood with exceptional exposure and versatility-opportunities like this don't come often. Location, location, location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

$
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5%10%50%

5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

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

1518 Cawthra Road, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$2,422

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 $772/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.

Market Position

At 24 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

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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    1518 Cawthra Road, Mississauga | $849,000 | Battaglia Team