2508 Paula Court, Mississauga

Price: $1,599,999

7 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13628924

Gorgeous 5 B/R, 5 W/R 3,282 Sq Ft Very beautiful & Executive Detached Home. Gleaming Hardwood . Separate Liv/Din/Family Rms & Office. Upgraded Gourmet Kitchen With B/I S/S Appl, Granite Counter, Glass Backsplash & Potlights. 3 Washrooms on 2nd floor, 2 Master B/R With Jacuzzi . Fully Fin 2 B/R Basement W/Separate Enrance.

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active
New Listing
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$1,599,999 - 2508 Paula Court, Mississauga

Detached for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: Sheridan

7Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13628924
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
7
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Description

Gorgeous 5 B/R, 5 W/R 3,282 Sq Ft Very beautiful & Executive Detached Home. Gleaming Hardwood . Separate Liv/Din/Family Rms & Office. Upgraded Gourmet Kitchen With B/I S/S Appl, Granite Counter, Glass Backsplash & Potlights. 3 Washrooms on 2nd floor, 2 Master B/R With Jacuzzi . Fully Fin 2 B/R Basement W/Separate Enrance.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,077.33/mo

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5-yr fixed avg.

Principal: $1,279,999Interest: $843,201
Mortgage Amount$1,279,999
Total Interest$843,201
Est. Property Tax$1,133/mo
Total Cost$2,123,200

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: Sheridan

Academic Excellence and Green Living

Sheridan is anchored by Sheridan College's main campus and offers a blend of student housing, family homes, and new developments. The neighbourhood benefits from significant green space along the Credit River and is known for its creative, academic atmosphere.

Why Live in Sheridan

  • Sheridan College main campus
  • Credit River access and trails
  • Growing residential development
  • Creative and academic community
  • Good transit connections

Nearby Schools

Sheridan CollegeCollege
Erindale Secondary SchoolPublic High School
Credit Woodlands SSPublic High School
Sheridan Public SchoolPublic Elementary

Transit & Commuting

  • MiWay bus routes to Sheridan College
  • Highway 403 access
  • Planned transit improvements
  • 25-minute drive to Toronto Pearson Airport

Parks & Amenities

  • Riverwood Conservancy
  • Credit River trails
  • Sheridan College facilities
  • Erin Mills Town Centre (nearby)
  • Community parks

Lifestyle & Community

Sheridan offers a creative, academic atmosphere with excellent access to nature. The neighbourhood appeals to students, faculty, and families who value education and outdoor recreation.

45
Walk Score
$550K - $1.1M
Price Range

2508 Paula Court, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,000/mo
Range: $4,250 - $5,750
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,000
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$3,534

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 $533/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.

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.

Larger Home Realities

At 3,000 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.

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 5 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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    2508 Paula Court, Mississauga | $1,599,999 | Battaglia Team