2491 Parmeer Drive, Mississauga

Price: $1,489,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13772578

Experience refined living at 2491 Parmeer Dr! This beautifully curated residence is set in one of Mississauga's most desirable neighbourhoods. This exceptional home blends timeless elegance with thoughtful upgrades, offering a lifestyle defined by comfort, sophistication, and natural beauty. Step inside to a sun filled main floor featuring elegant living and dining spaces, enhanced by French doors, beautiful hardwood flooring, and custom decor. The chef inspired kitchen showcases custom bleached cabinetry, Corian countertops, and a seamless flow to the outdoors -perfect for both everyday living and entertaining. The inviting family room, complete with a fireplace and bay window, creates a warm gathering space for memorable evenings. Upstairs, generously sized bedrooms provide privacy and tranquility, while the finished lower level offers a spacious recreation room and a 4th bedroom, ideal for guests, extended family, or a home office. Outdoors, discover a professionally designed landscape oasis featuring stonework, a serene pond, mature greenery, outdoor lighting, TV and Hot Tub .A rare retreat in the heart of the city! With stone driveway, inside garage access, and proximity to Huron Park Rec Centre, Credit Valley Golf Club, top schools, parks, and transit, this home delivers unmatched value in a coveted location. A truly special property for the buyer who appreciates quality, character, and a beautifully maintained home!

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active

$1,489,000 - 2491 Parmeer Drive, Mississauga

Detached for Sale in Mississauga

Neighbourhood: Erindale

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
W13772578
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Taxes (2025)
$8,281
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Experience refined living at 2491 Parmeer Dr! This beautifully curated residence is set in one of Mississauga's most desirable neighbourhoods. This exceptional home blends timeless elegance with thoughtful upgrades, offering a lifestyle defined by comfort, sophistication, and natural beauty. Step inside to a sun filled main floor featuring elegant living and dining spaces, enhanced by French doors, beautiful hardwood flooring, and custom decor. The chef inspired kitchen showcases custom bleached cabinetry, Corian countertops, and a seamless flow to the outdoors -perfect for both everyday living and entertaining. The inviting family room, complete with a fireplace and bay window, creates a warm gathering space for memorable evenings. Upstairs, generously sized bedrooms provide privacy and tranquility, while the finished lower level offers a spacious recreation room and a 4th bedroom, ideal for guests, extended family, or a home office. Outdoors, discover a professionally designed landscape oasis featuring stonework, a serene pond, mature greenery, outdoor lighting, TV and Hot Tub .A rare retreat in the heart of the city! With stone driveway, inside garage access, and proximity to Huron Park Rec Centre, Credit Valley Golf Club, top schools, parks, and transit, this home delivers unmatched value in a coveted location. A truly special property for the buyer who appreciates quality, character, and a beautifully maintained home!

Mortgage Calculator

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Estimated Payment

$6,586.35/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,191,200Interest: $784,705
Mortgage Amount$1,191,200
Total Interest$784,705
Est. Property Tax$1,055/mo
Total Cost$1,975,905

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

2491 Parmeer Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,055
Insurance (est.)-$310
Net Cash Flow+$1,935

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

Competitive Pricing

At $745/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.

Market Position

At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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 3 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.

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    2491 Parmeer Drive, Mississauga | $1,489,000 | Battaglia Team