2516 Willowburne Drive, Mississauga

Price: $1,449,888

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13771996

Welcome to an impressive income generating executive detached home situated on a premium corner lot in the highly sought-after Central Erin Mills community. Legal Basmenet Apartment with an updated Electrical Panel in 2023. This over 2,700 sq. ft. of living space home features 5 spacious bedrooms, 4 updated bathrooms, Stunning Kit. W/ All S/S Appl W/ Quartz Counters & Carrara Marble Herringbone Tile Bplash (2020). main & 2nd floor Baths Reno'd(2020) . Hdwd Flooring, Windows, & Pot Lights Throughout The Main (2020) Freshly Painted. W/OT To A Newly Built Wooden Deck (2020) . AC, Furnace and Tankless Hot water Tank (2021), Roof(2017) . The spacious primary bedroom is filled with natural light from three windows. Enjoy exceptional curb appeal with a large front yard, double garage, and an extended stone driveway(2022) accommodating up to 6 vehicles. The private backyard is surrounded by mature trees, offering beautiful greenery and excellent privacy. The legal one-bedroom basement apartment includes a living room, full bathroom, and legal separate side entrance with legal windows-ideal for extended family or additional income. Conveniently located near parks, trails, Erin Mills shopping center, restaurants, major highways, and highly ranked schools, including John Fraser Secondary School and St. Aloysius Gonzaga Secondary School. A wonderful opportunity in one of Mississauga's most desirable neighbourhoods!

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$1,449,888 - 2516 Willowburne Drive, Mississauga

Detached for Sale in Mississauga

Popular Listing

Neighbourhood: Central Erin Mills

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
W13771996
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Lot Size
6,344 sqft
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to an impressive income generating executive detached home situated on a premium corner lot in the highly sought-after Central Erin Mills community. Legal Basmenet Apartment with an updated Electrical Panel in 2023. This over 2,700 sq. ft. of living space home features 5 spacious bedrooms, 4 updated bathrooms, Stunning Kit. W/ All S/S Appl W/ Quartz Counters & Carrara Marble Herringbone Tile Bplash (2020). main & 2nd floor Baths Reno'd(2020) . Hdwd Flooring, Windows, & Pot Lights Throughout The Main (2020) Freshly Painted. W/OT To A Newly Built Wooden Deck (2020) . AC, Furnace and Tankless Hot water Tank (2021), Roof(2017) . The spacious primary bedroom is filled with natural light from three windows. Enjoy exceptional curb appeal with a large front yard, double garage, and an extended stone driveway(2022) accommodating up to 6 vehicles. The private backyard is surrounded by mature trees, offering beautiful greenery and excellent privacy. The legal one-bedroom basement apartment includes a living room, full bathroom, and legal separate side entrance with legal windows-ideal for extended family or additional income. Conveniently located near parks, trails, Erin Mills shopping center, restaurants, major highways, and highly ranked schools, including John Fraser Secondary School and St. Aloysius Gonzaga Secondary School. A wonderful opportunity in one of Mississauga's most desirable neighbourhoods!

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Estimated Payment

$6,413.34/mo

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5-yr fixed avg.

Principal: $1,159,910Interest: $764,092
Mortgage Amount$1,159,910
Total Interest$764,092
Est. Property Tax$1,027/mo
Total Cost$1,924,002

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: Central Erin Mills

Discover Central Erin Mills

Central Erin Mills is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Central Erin Mills

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Central Erin Mills offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2516 Willowburne Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,027
Insurance (est.)-$302
Net Cash Flow+$2,371

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 $725/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.

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 5 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.

About Central Erin Mills

I know Central Erin Mills 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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    2516 Willowburne Drive, Mississauga | $1,449,888 | Battaglia Team