$2,199,000 - 193 Mateo Place, Mississauga
Detached for Sale in Mississauga
102 days on market- MLS Number
- W12931132
- Property Type
- Detached
- Status
- active
- Days on Site
- 102
- Bedrooms
- 7
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- FORESTWOOD REAL ESTATE INC.
Once in a lifetime opportunity to own a custom built residence with nearly 5,000sqft of luxuriously finished living, 5+2 BEDROOMS & 7-BATHROOMS perfectly situated on a private court in a prestigious neighborhood. The home features a grand stone and brick exterior that opens into an interior defined by timeless design and high-end finishes. The main level offers a sophisticated open-concept living and a formal dining area. At the heart of the home, the stunning modern kitchen with masterful carpentry is lavished with upscale appliances, a large center island, premium quartz countertops, and a matching backsplash. An adjacent breakfast room provides a seamless walk-out to an oversized patio, while the spacious family room offers a comfortable retreat anchored by a classic fireplace. This level also includes a private separate office for professional needs and a functional mudroom with a convenient side entrance. A spectacular staircase, illuminated by a soaring skylight, leads to the upper floor. The primary bedroom serves as a luxurious sanctuary, featuring coffered ceilings, a stunning fireplace, and a walk-out to a private balcony. Its spa-like five-piece ensuite bathroom is finished with heated floors and designer tiles. A massive walk-in closet complete with custom organizers and a second skylight. Every additional bedroom on this level is designed with privacy in mind, as each includes its own dedicated ensuite bathroom. Each Of The Additional Four Bedrooms Have Private Ensuite Bathrooms With Three Walk-In Closets And One Large Closet. A generous laundry room finishes the upper level. The expansive lower level further enhances the living space with a large open-concept great room that features a fireplace and a walk-out to a private patio and backyard oasis. A custom bar and a secondary kitchen, a full bathroom, and the sixth and seventh bedrooms complete the lower level. This is a rare opportunity to own a masterfully crafted residence!
Estimate your monthly payments for this property
Estimated Payment
$9,726.92/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.
Discover Mississauga
Mississauga 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 Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Mississauga 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.
193 Mateo Place, 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
Competitive Pricing
At $628/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.
Negotiation Opportunity
At 102 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 3,500 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 7 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 7 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.