$2,199,000 - 2427 Ravensthorpe Crescent, Mississauga
Detached for Sale in Mississauga
77 days on marketNeighbourhood: Erindale
- MLS Number
- W13024918
- Property Type
- Detached
- Status
- active
- Days on Site
- 77
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SUTTON GROUP - SUMMIT REALTY INC.
One of a Kind! Stunning fully renovated contemporary residence nestled in one of Mississauga's most sought-after neighbourhoods. This exceptional designer-decorated home perfectly combines modern luxury with everyday comfort. Offering 5 spacious bedrooms plus 2 additional bedrooms in the fully finished basement, along with 4 beautifully renovated bathrooms, every inch of this remarkable property has been thoughtfully updated over the past four years.Step inside to discover rich hardwood flooring, expansive ceramic and porcelain tile finishes, and a bright open-concept layout with smooth ceilings throughout-perfect for entertaining and family living. The spectacular modern kitchen is a true showpiece, featuring sleek finishes, abundant cabinetry, and generous workspace for the home chef. Custom built-in cabinetry and expertly crafted wall units provide both elegance and functionality, while a large skylight fills the home with natural light.Renovated from top to bottom with proper permits and architectural drawings, this home offers outstanding quality, craftsmanship, and peace of mind. Additional features include a heated garage, durable metal roof, enormous cold room, and a private driveway with parking for up to 6 vehicles. Modern European-style toilets with concealed in-wall tanks further enhance the home's sophisticated contemporary design.Outside, enjoy a large private backyard featuring a durable concrete patio-perfect for summer entertaining, family gatherings, or quiet evenings outdoors. With exceptional curb appeal and meticulous attention to detail throughout, this property truly stands out from the rest.Located in a prestigious neighbourhood surrounded by some of Mississauga's finest homes, this rare offering delivers an outstanding combination of style, quality, value, and location. An exceptional opportunity not to be missed.
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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.
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
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.
2427 Ravensthorpe Crescent, 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
Fair Market Value
At $880/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 77 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.
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 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.
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.