$2,188,000 - 2547 Morrison Avenue, Mississauga
Detached for Sale in Mississauga
68 days on marketNeighbourhood: Erindale
- MLS Number
- W13061662
- Property Type
- Detached
- Status
- active
- Days on Site
- 68
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- REALTY EXECUTIVES PLUS LTD
Beautiful Custom-Built Detached 4+1 Bedrooms / 4 Bathrooms Home situated on a Rare Premium 50 ft X 304 ft Property located in Prestigious Huron Park. Lovingly maintained by one family since it was built in 1999. Great Feng Shui for Health, Harmony & Balance! Approx. 3200 sq ft, excluding Finished Basement!! 9 ft Ceilings on Main Floor with Ceramic Floors in Foyer and Hallway leading to Kitchen and Hardwood Floors Throughout. Generous Open Concept Kitchen with Updated Stainless Steel Appliances, Brand New Gas Range, New Faucet, Galaxy Stone Granite Countertops with Island, Sunny Breakfast Area with Large Windows and Walk-Out to Deck and Expansive Backyard Oasis. Comfortable Family Room with Gas Fireplace. Updated Light Fixtures. New Washing Machine and Furnace Installed Oct. 2025. Main Floor Includes Office / Study, Laundry Room with Separate Entrance to Extra Deep 2-Car Garage with Plenty of Room for Storage. Large Primary Bedroom with 2 Walk-in Closets, Sitting Area and Spanking New Beautifully Renovated 5-piece En-suite with Free-Standing Tub. Freshly Painted Spacious Bedrooms and Closets. Pristine 4-piece Bathroom also Newly Renovated. Finished Basement Boasts Larger Windows, Wet-Bar, Cold Cellar, Workroom with Ample Shelves and Cupboards, 1 Spacious Bedroom with 2 Closets, 3-piece Bathroom with Shower, Oversized Rec Room with Gas Fireplace. Separate Walk-out to Backyard, Great Potential for in-law Suite. Custom-Built Shed with Electric Power, Vast Area for Vegetable Garden, Luscious Mature Trees & Blooming Perennial Gardens
Estimate your monthly payments for this property
Estimated Payment
$9,678.26/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.
2547 Morrison Avenue, 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
Competitive Pricing
At $729/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.
Negotiation Opportunity
At 68 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.
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 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.