$1,199,777 - 1540 Trotwood Avenue, Mississauga
Detached for Sale in Mississauga
66 days on marketNeighbourhood: Mineola
- MLS Number
- W13074412
- Property Type
- Detached
- Status
- active
- Days on Site
- 66
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Unlock the full potential of this solid brick bungalow set on a premium 52' x 138.5' lot in one of Mississauga's most desirable neighbourhoods. Surrounded by luxury custom homes, this is a rare opportunity to renovate, rebuild, or design your dream residence in a high-demand pocket with proven long-term value. This property offers a functional layout with 3 bedrooms, 2 bathrooms, and a separate entrance to the lower level-ideal for creating an income suite or in-law setup. The spacious basement features a large recreation area, wood-burning fireplace, and wet bar, providing a strong foundation for those looking to modernize and add value. An additional room offers flexibility for a home office, gym, or workshop conversion. The deep lot delivers exceptional privacy with a peaceful, tree-lined backdrop-perfect for a custom build or luxury outdoor living space. With no sidewalk, the property accommodates multiple vehicles with ease, including a private driveway and attached garage. Located just minutes from Port Credit, the waterfront, marinas, restaurants, and top-rated schools. Enjoy quick access to GO Transit, major highways, downtown Toronto, and Pearson Airport-making this location ideal for both end-users and future resale.Whether you're a builder looking for your next project, an investor seeking upside, or a handyman ready to transform a property in a premium location-this is your opportunity to create something exceptional in Mineola.
Estimate your monthly payments for this property
Estimated Payment
$5,455.62/mo
Includes CMHC insurance ($26,875)
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.
1540 Trotwood 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
Premium Pricing
At $1714/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.
Negotiation Opportunity
At 66 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.
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.
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.
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.