2441 Old Carriage Road, Mississauga

Price: $1,750,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12825408

Calling all Developers. This is a significant opportunity for the largest lot available in this prestigious and sought-after neighbourhood, 109.3 feet x 200 feet. Many of the former larger lots on the street have been easily severed, with 2 homes built on them, and sold quickly, so the precedent has been set. The Property is steps from the Credit Valley Golf Course and the nearby prestigious Mississauga Golf & Country Club, and is a short commute to Trillium Hospital, U of T Mississauga Campus, Port Credit Marina, Westdale Mall, and Mississauga City Center. This property offers it all to your buyers, including being on a school bus route. The property is priced to sell. Don't let this opportunity pass you by!

2441 Old Carriage Road - Detached photo 1 of 8 in Mississauga, Ontario
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$1,750,000 - 2441 Old Carriage Road, Mississauga

Detached for Sale in Mississauga

130 days on market

Neighbourhood: Erindale

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12825408
Property Type
Detached
Status
active
Days on Site
130
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Lot Size
21,486 sqft
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Calling all Developers. This is a significant opportunity for the largest lot available in this prestigious and sought-after neighbourhood, 109.3 feet x 200 feet. Many of the former larger lots on the street have been easily severed, with 2 homes built on them, and sold quickly, so the precedent has been set. The Property is steps from the Credit Valley Golf Course and the nearby prestigious Mississauga Golf & Country Club, and is a short commute to Trillium Hospital, U of T Mississauga Campus, Port Credit Marina, Westdale Mall, and Mississauga City Center. This property offers it all to your buyers, including being on a school bus route. The property is priced to sell. Don't let this opportunity pass you by!

Mortgage Calculator

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Estimated Payment

$7,740.84/mo

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5-yr fixed avg.

Principal: $1,400,000Interest: $922,252
Mortgage Amount$1,400,000
Total Interest$922,252
Est. Property Tax$1,240/mo
Total Cost$2,322,252

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

2441 Old Carriage Road, 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)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,240
Insurance (est.)-$365
Net Cash Flow+$1,195

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

Premium Pricing

At $1591/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 130 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.

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 Erindale

I know Erindale 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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    2441 Old Carriage Road, Mississauga | $1,750,000 | Battaglia Team