2197 Courrier Lane, Mississauga

Price: $3,299,000

4 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W12948364

Gordon Woods Beauty! Luxurious & Grand! Incredibly Upgraded & A Spectacular Home Situated On A 100X240Ft Breathtaking Ravine Lot! Exudes with royally & palatial feel as you step into the elegant foyer! Expansive & open concept! Each room imprinted w/intricate architecture details; Elevated living w/indoor pool & Sauna! Top chef Gourmet Kitchen w/marble trimmings; Brazilian Hardwood Floors throughout; 5 Fireplaces! High-End Finishes Throughout with gorgeous crown moldings! Exterior features Premium Shingles, Stone Driveway And Walkways, Huge Two Level Stone Patio backyard-great for entertaining/BBQ overlooking ravine with full privacy; professionally Manicured Landscaping; 3-cars garage and driveway can easily park at least 6- cars! Fully finished basement fantastic for entertainment with 2 separate entrances; Most desirable quiet neighbourhood within Credit Valley Golf Course location; Mere minutes to MISS hospital/Port Credit/QEW; A rare opportunity to live in a grandeur home!

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$3,299,000 - 2197 Courrier Lane, Mississauga

Detached for Sale in Mississauga

97 days on market

Neighbourhood: Erindale

4Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W12948364
Property Type
Detached
Status
active
Days on Site
97
Bedrooms
4
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Mississauga
Lot Size
24,045 sqft
Listing Brokerage
ROYAL LEPAGE CERTIFIED REALTY
Description

Gordon Woods Beauty! Luxurious & Grand! Incredibly Upgraded & A Spectacular Home Situated On A 100X240Ft Breathtaking Ravine Lot! Exudes with royally & palatial feel as you step into the elegant foyer! Expansive & open concept! Each room imprinted w/intricate architecture details; Elevated living w/indoor pool & Sauna! Top chef Gourmet Kitchen w/marble trimmings; Brazilian Hardwood Floors throughout; 5 Fireplaces! High-End Finishes Throughout with gorgeous crown moldings! Exterior features Premium Shingles, Stone Driveway And Walkways, Huge Two Level Stone Patio backyard-great for entertaining/BBQ overlooking ravine with full privacy; professionally Manicured Landscaping; 3-cars garage and driveway can easily park at least 6- cars! Fully finished basement fantastic for entertainment with 2 separate entrances; Most desirable quiet neighbourhood within Credit Valley Golf Course location; Mere minutes to MISS hospital/Port Credit/QEW; A rare opportunity to live in a grandeur home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,592.59/mo

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5-yr fixed avg.

Principal: $2,639,200Interest: $1,738,577
Mortgage Amount$2,639,200
Total Interest$1,738,577
Est. Property Tax$2,337/mo
Total Cost$4,377,777

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: Erindale

Nature and University Town Living

Erindale is a mature neighbourhood centered around the University of Toronto Mississauga campus and the scenic Credit River valley. The area offers a unique combination of natural beauty, academic culture, and established residential streets. Erindale Park, one of Mississauga's largest and most beautiful parks, anchors the community.

Why Live in Erindale

  • Adjacent to UTM campus
  • Credit River valley and trails
  • Erindale Park - one of Mississauga's finest
  • Mature trees and established streets
  • Strong rental market near university

Nearby Schools

Erindale Secondary SchoolPublic High School
University of Toronto MississaugaUniversity
Credit Woodlands Secondary SchoolPublic High School
Erindale Public SchoolPublic Elementary

Transit & Commuting

  • MiWay Route 110 to UTM
  • Easy access to Highway 403
  • Erindale GO Station (planned)
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Erindale Park
  • Credit River trails
  • Erindale Community Centre
  • UTM campus amenities
  • Riverwood Conservancy (nearby)

Lifestyle & Community

Erindale combines the serenity of nature with the vibrancy of a university community. Residents enjoy beautiful parks, academic culture, and a diverse, welcoming atmosphere.

48
Walk Score
$650K - $1.3M
Price Range

2197 Courrier Lane, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$2,337
Insurance (est.)-$687
Net Cash Flow+$1,026

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 $943/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.

Negotiation Opportunity

At 97 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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.

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    2197 Courrier Lane, Mississauga | $3,299,000 | Battaglia Team