$3,188,000 - 3047 Grenville Drive, Mississauga
Multi-Family for Sale in Mississauga
110 days on marketNeighbourhood: Cooksville
- MLS Number
- W13087630
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 110
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
A rare opportunity to own a modern, purpose-built duplex that delivers exceptional flexibility, long-term value, and turnkey income potential. Thoughtfully designed with three fully self-contained two-bedroom suites, 3047 Grenville is ideally suited for discerning buyers, including investors seeking a premium addition to their portfolio, multi-generational families, or homeowners looking to generate additional rental income. With multiple independent living spaces, separate entrances, and quality finishes throughout, this exceptional property is designed to accommodate a variety of lifestyles while offering lasting investment appeal.Offering over 6,000 SF of meticulously designed living space, the main and upper levels each feature two generously sized bedrooms with private ensuites and walk-in closets, elegant open-concept living and dining areas anchored by a gas fireplace, designer kitchens appointed with quartz countertops, stainless steel appliances, walk-in pantries, powder rooms, and dedicated laundry. A covered patio on the main level and a private covered balcony above provide seamless indoor-outdoor living. The fully finished lower level offers a beautifully appointed self-contained two-bedroom suite complete with its own kitchen, full bathroom, expansive recreation area, and spacious living quarters. Wide-plank engineered hickory flooring, quality craftsmanship, and separate heating and cooling systems further enhance comfort, privacy, and everyday functionality.Located in one of Mississauga's most established neighbourhoods, this exceptional property is just minutes from Lake Ontario, Jack Darling Memorial Park, Rattray Marsh Conservation Area, scenic waterfront trails, premier shopping at Square One and Sherway Gardens, top-rated schools, hospitals, restaurants, and convenient access to the QEW, Highway 403, and Highway 427, placing the very best of the city within easy reach.
Estimate your monthly payments for this property
Estimated Payment
$14,101.60/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.
Downtown Mississauga Living
Cooksville is Mississauga's original downtown, centered around the intersection of Hurontario and Dundas. Today, the neighbourhood is experiencing significant intensification with new high-rise developments joining established residential areas. Cooksville offers excellent transit connectivity and is positioned to benefit from the Hurontario LRT.
Why Live in Cooksville
- •Central downtown Mississauga location
- •Future Hurontario LRT stop
- •Diverse dining and shopping options
- •Excellent transit connections
- •Mix of high-rise and low-rise housing
Nearby Schools
Transit & Commuting
- •Cooksville GO Station
- •Future Hurontario LRT
- •Major MiWay hub
- •Easy access to Highway 403 and QEW
Parks & Amenities
- •Cooksville Creek Trail
- •Mississauga Central Library
- •Celebration Square (nearby)
- •Diverse restaurants and shops
- •Community health services
Lifestyle & Community
Cooksville offers urban convenience with multicultural vibrancy. The neighbourhood is ideal for those who prioritize transit access and diverse amenities.
3047 Grenville Drive, 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
Fair Market Value
At $911/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 110 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.
Larger Home Realities
At 3,500 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 6 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 7 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.