1548 Carolyn Road, Mississauga

Price: $1,599,999

2 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13725600

Build Your Dream Home! a rare 300-Foot-Deep Ravine Lot in Prestigious Streetsville - One of the last remaining opportunities in Mississauga to own an exceptionally deep lot in the highly sought-after Streetsville area, just steps from the scenic Credit River.Build your custom 5,000 sq. ft.+++ dream home on this spectacular private ravine property, surrounded by multi-million-dollar residences and backing onto conservation and untouched natural beauty. Enjoy unparalleled privacy, mature trees and a truly paradise-like backyard.The existing spacious raised bungalow offers tremendous potential, featuring a separate entrance and walk-out to the deep backyard, making it ideal for renovation, expansion or redevelopment.Perfectly located close to Streetsville Village, Credit River, shopping, restaurants, schools, public transit and major highways, while offering the tranquility of a private ravine setting.

1548 Carolyn Road - Detached photo 1 of 2 in Mississauga, Ontario
1548 Carolyn Road - Detached photo 2 of 2 in Mississauga, Ontario
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$1,599,999 - 1548 Carolyn Road, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: East Credit

2Beds
2Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W13725600
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Build Your Dream Home! a rare 300-Foot-Deep Ravine Lot in Prestigious Streetsville - One of the last remaining opportunities in Mississauga to own an exceptionally deep lot in the highly sought-after Streetsville area, just steps from the scenic Credit River.Build your custom 5,000 sq. ft.+++ dream home on this spectacular private ravine property, surrounded by multi-million-dollar residences and backing onto conservation and untouched natural beauty. Enjoy unparalleled privacy, mature trees and a truly paradise-like backyard.The existing spacious raised bungalow offers tremendous potential, featuring a separate entrance and walk-out to the deep backyard, making it ideal for renovation, expansion or redevelopment.Perfectly located close to Streetsville Village, Credit River, shopping, restaurants, schools, public transit and major highways, while offering the tranquility of a private ravine setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,077.33/mo

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5-yr fixed avg.

Principal: $1,279,999Interest: $843,201
Mortgage Amount$1,279,999
Total Interest$843,201
Est. Property Tax$1,133/mo
Total Cost$2,123,200

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: East Credit

Discover East Credit

East Credit is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in East Credit

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

East Credit offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1548 Carolyn Road, 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)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$934

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 $1067/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.

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 East Credit

I know East Credit 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.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1548 Carolyn Road, Mississauga | $1,599,999 | Battaglia Team