$3,499,000 - 3081 Grenville Drive, Mississauga
Detached for Sale in Mississauga
40 days on marketNeighbourhood: Cooksville
- MLS Number
- W13211356
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 8
- Bathrooms
- 8
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Exquisite custom-built estate offering approximately 8,000 sq ft of luxurious living space with a rare 8 bedrooms and 8 washrooms. Featuring soaring 10 ft ceilings on the main floor and 9 ft ceilings on the second floor and basement, this home is loaded with premium upgrades throughout. The main floor boasts a private office, elegant combined living and dining area, spacious family room, and a main-floor primary bedroom with ensuite-ideal for seniors or guests. The chef-inspired kitchen features a massive central island, overlooks the family room, and walks out to a large covered deck-perfect for entertaining. The second floor offers generously sized bedrooms, including three master bedrooms with ensuites. The primary suite features a spa-like ensuite and walk-out to a huge porch. One additional master includes a private balcony. Bedrooms 4 and 5 share a Jack & Jill washroom. Heated washrooms on both the main and second floors add extra comfort. The huge walk-up basement is truly one of a kind, featuring 2 bedrooms, 2 washrooms, an expansive recreation room with wet bar, a rare home theatre under the garage, and an exercise room beneath the covered deck-this is one of the largest basements you'll ever see. The oversized backyard offers potential for a garden suite, recently permitted by the City of Mississauga. Finished with an interlock driveway, this exceptional home delivers space, luxury, and versatility rarely found.
Estimate your monthly payments for this property
Estimated Payment
$15,477.26/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.
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.
3081 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 $1000/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.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 3,500 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 8 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 8 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.