1963 Carrera Lane, Mississauga

Price: $1,024,900

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: W13868314

Welcome home to this updated residence showcasing contemporary design. The main level features an open-concept living/dining area hardwood floors and modern light fixtures. The Kitchen has been renovated, offering stylish two-tone cabinetry (blue lower/white upper), quartz countertops, subway tile backsplash, and a functional island. A versatile den/office with built-in storage provides flexibility. The main bathroom is updated with a clean white vanity and tub/shower.The finished lower level is a self contained apartment, presenting additional living space, a second kitchenette with appliances and two bedrooms with bright laminate flooring. Exterior amenities include a charming front balcony and a private backyard oasis. This outdoor retreat boasts an expansive interlock patio, green space, and a relaxing hot tub. This property offers adaptable indoor/outdoor living.

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active
New Listing

$1,024,900 - 1963 Carrera Lane, Mississauga

Semi-Detached for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Clarkson

5Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached

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Property Details
MLS Number
W13868314
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Taxes (2026)
$5,788
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome home to this updated residence showcasing contemporary design. The main level features an open-concept living/dining area hardwood floors and modern light fixtures. The Kitchen has been renovated, offering stylish two-tone cabinetry (blue lower/white upper), quartz countertops, subway tile backsplash, and a functional island. A versatile den/office with built-in storage provides flexibility. The main bathroom is updated with a clean white vanity and tub/shower.The finished lower level is a self contained apartment, presenting additional living space, a second kitchenette with appliances and two bedrooms with bright laminate flooring. Exterior amenities include a charming front balcony and a private backyard oasis. This outdoor retreat boasts an expansive interlock patio, green space, and a relaxing hot tub. This property offers adaptable indoor/outdoor living.

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Estimated Payment

$4,533.48/mo

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5-yr fixed avg.

Principal: $819,920Interest: $540,124
Mortgage Amount$819,920
Total Interest$540,124
Est. Property Tax$726/mo
Total Cost$1,360,044

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: Clarkson

Family Living with Village Charm

Clarkson is a well-established family neighbourhood in south Mississauga, known for its excellent schools, community spirit, and convenient location. The area features a mix of housing styles from post-war bungalows to modern family homes, all centered around the charming Clarkson Village core with its local shops and restaurants.

Why Live in Clarkson

  • •Excellent schools including Clarkson Secondary
  • •Charming village core with local businesses
  • •Family-friendly parks and recreation
  • •Clarkson GO Station for easy commuting
  • •Active community associations

Nearby Schools

Clarkson Secondary SchoolPublic High School
St. Therese of Lisieux CSSCatholic High School
Hillcrest Public SchoolPublic Elementary
St. Christopher Catholic SchoolCatholic Elementary

Transit & Commuting

  • •Clarkson GO Station - direct line to Union Station
  • •MiWay bus connections
  • •Easy access to QEW and Highway 403
  • •20-minute drive to Toronto Pearson Airport

Parks & Amenities

  • •Clarkson Community Centre
  • •Rattray Marsh Conservation Area
  • •Richard's Memorial Park
  • •Clarkson Village shops and restaurants
  • •Local library branch

Lifestyle & Community

Clarkson offers excellent value for families seeking good schools and a strong community. The neighbourhood provides suburban comfort with easy GO Train access for commuters.

58
Walk Score
$800K - $1.8M
Price Range

1963 Carrera Lane, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$726
Insurance (est.)-$214
Net Cash Flow+$2,660

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 $932/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.

Excellent Flexibility

With 5 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.

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 Clarkson

I know Clarkson 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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    1963 Carrera Lane, Mississauga | $1,024,900 | Battaglia Team