3062 O'hagan Drive, Mississauga

Price: $1,000,000

4 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13815512

Beautiful and well-maintained bungalow located in the highly sought-after Credit Woodlands community, set on a premium 60 x 125 ft lot surrounded by mature trees with a private backyard that offers a peaceful, cottage-like setting right in the city. The main level features a sun-filled living room with a cozy wood-burning fireplace, a spacious dining area and an updated kitchen with a large breakfast area. Beautiful Brazilian hardwood floors add warmth to the principle rooms, and the generous primary bedroom with double closet, two additional bedrooms and a beautifully updated main bath complete the main level. The separate side entrance to the basement offers great potential for an in-law suite, with the finished lower level featuring a large rec room with gas fireplace, bedroom with closet and above-grade window, a handy office nook and direct access to the two-car garage. All of this in a fantastic location close to UTM, Erindale Park with its scenic trails and river, schools, transit, Hwy 403 and the QEW. *Some images are virtually staged.

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$1,000,000 - 3062 O'hagan Drive, Mississauga

Detached for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Erindale

4Beds
1Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13815512
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Beautiful and well-maintained bungalow located in the highly sought-after Credit Woodlands community, set on a premium 60 x 125 ft lot surrounded by mature trees with a private backyard that offers a peaceful, cottage-like setting right in the city. The main level features a sun-filled living room with a cozy wood-burning fireplace, a spacious dining area and an updated kitchen with a large breakfast area. Beautiful Brazilian hardwood floors add warmth to the principle rooms, and the generous primary bedroom with double closet, two additional bedrooms and a beautifully updated main bath complete the main level. The separate side entrance to the basement offers great potential for an in-law suite, with the finished lower level featuring a large rec room with gas fireplace, bedroom with closet and above-grade window, a handy office nook and direct access to the two-car garage. All of this in a fantastic location close to UTM, Erindale Park with its scenic trails and river, schools, transit, Hwy 403 and the QEW. *Some images are virtually staged.

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Estimated Payment

$4,423.34/mo

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5-yr fixed avg.

Principal: $800,000Interest: $527,001
Mortgage Amount$800,000
Total Interest$527,001
Est. Property Tax$708/mo
Total Cost$1,327,001

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

3062 O'hagan Drive, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

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

Fair Market Value

At $909/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.

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.

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.

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 Erindale

I know Erindale 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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    3062 O'hagan Drive, Mississauga | $1,000,000 | Battaglia Team