18 Suburban Drive, Mississauga

Price: $1,199,900

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13831506

A Spacious Bungalow features three bedrooms, open-concept living and dining areas, a galleykitchen, and an unfinished basement. However, the real opportunity lies in the exceptional lotand location-ideal for those looking to create a thoughtfully designed custom home that takesadvantage of the generous frontage, deep lot, mature landscaping, and peaceful surroundings. A rare opportunity to build your dream home on an impressive approximately 68' x 125' lot inthe highly desirable Riverview Heights neighbourhood of Streetsville. Set in a mature,established setting surrounded by beautiful trees and gardens, this generous property offers anexcellent canvas for a custom-built residence in one of Mississauga's most sought-after villagecommunities.

18 Suburban Drive - Detached photo 1 of 1 in Mississauga, Ontario
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$1,199,900 - 18 Suburban Drive, Mississauga

Detached for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Streetsville

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13831506
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

A Spacious Bungalow features three bedrooms, open-concept living and dining areas, a galleykitchen, and an unfinished basement. However, the real opportunity lies in the exceptional lotand location-ideal for those looking to create a thoughtfully designed custom home that takesadvantage of the generous frontage, deep lot, mature landscaping, and peaceful surroundings. A rare opportunity to build your dream home on an impressive approximately 68' x 125' lot inthe highly desirable Riverview Heights neighbourhood of Streetsville. Set in a mature,established setting surrounded by beautiful trees and gardens, this generous property offers anexcellent canvas for a custom-built residence in one of Mississauga's most sought-after villagecommunities.

Mortgage Calculator

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Estimated Payment

$5,307.56/mo

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5%20%50%

5-yr fixed avg.

Principal: $959,920Interest: $632,349
Mortgage Amount$959,920
Total Interest$632,349
Est. Property Tax$850/mo
Total Cost$1,592,269

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: Streetsville

The Village in the City

Streetsville is one of Mississauga's most charming and historic neighbourhoods, known for its village-like atmosphere and vibrant main street. Originally a separate village founded in 1858, Streetsville has maintained its small-town character while benefiting from modern amenities. The area features tree-lined streets, heritage homes, and a strong sense of community pride.

Why Live in Streetsville

  • •Historic main street with boutique shops and restaurants
  • •Annual Bread and Honey Festival draws thousands of visitors
  • •Mix of heritage homes and newer developments
  • •Strong sense of community with active residents' association
  • •Excellent schools and family-friendly environment

Nearby Schools

Streetsville Secondary SchoolPublic High School
St. Joseph Secondary SchoolCatholic High School
Queen of Heaven Catholic SchoolCatholic Elementary
Streetsville Public SchoolPublic Elementary

Transit & Commuting

  • •MiWay bus routes along Queen Street
  • •Close proximity to Highway 401 and 403
  • •Streetsville GO Station for commuting to Toronto
  • •20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • •Streetsville Village Square
  • •Vic Johnston Community Centre
  • •Credit River trails and parks
  • •Local farmers' market (seasonal)
  • •Historic Streetsville Cemetery

Lifestyle & Community

Streetsville offers a perfect blend of heritage charm and modern convenience. Residents enjoy walkable streets with local shops, cafes, and restaurants. The community is known for its family-friendly atmosphere, excellent schools, and active social calendar including festivals and community events.

72
Walk Score
$800K - $1.8M
Price Range

18 Suburban Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$1,700

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 $1091/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.

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.

About Streetsville

I know Streetsville 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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    18 Suburban Drive, Mississauga | $1,199,900 | Battaglia Team