3253 Ibbetson Crescent, Mississauga

Price: $999,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W14092906

Welcome to this Wonderful family home on a cul de sac, very private. Great opportunity to live in this solid brick home with over 2400 sqft of livable and usable space. We have been converted into 2 legal apartments with separate entrances, and can easily be returned back to a single family house. Upper unit has 3 full bedrooms, 2 washrooms, family size kitchen with separate dining room and separate living room, though open concept, and with private laundry. The lower level apartment has 2 bedrooms in total, 2 full washrooms, large eat in kitchen, living room/ family room with fireplace, separate laundry and sun filled sunroom with sliding doors to a gorgeous huge backyard and extra large shed. Lots of customized finishings; from fine tiles to heated toilet seats, move in as is or custom as you like. Please note, Pictures do not give justice to how beautiful the fully fenced backyard truly is; custom flowers, fruits, vegetables, solar lights, walk ways, every inch tailored with loving hands-you have to see this! Entertain here in this oasis, or enjoy personally, you will not be disappointed! We also have a massive crawl space for tones of storage, in addition to lots of closets throughout. Tenants will vacate before or upon closing, unless you would like them to stay. Our hot water tank is new and owned, and we have wall unit air conditioning units throughout. Come and visit, we have so much to offer, and still lots of potential. Keep as an investment, or return this back, into your own single family home.

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active
New Listing

$999,000 - 3253 Ibbetson Crescent, Mississauga

Detached for Sale in Mississauga

New — Listed today

Neighbourhood: Erindale

5Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W14092906
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Mississauga
Taxes (2026)
$7,500
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Welcome to this Wonderful family home on a cul de sac, very private. Great opportunity to live in this solid brick home with over 2400 sqft of livable and usable space. We have been converted into 2 legal apartments with separate entrances, and can easily be returned back to a single family house. Upper unit has 3 full bedrooms, 2 washrooms, family size kitchen with separate dining room and separate living room, though open concept, and with private laundry. The lower level apartment has 2 bedrooms in total, 2 full washrooms, large eat in kitchen, living room/ family room with fireplace, separate laundry and sun filled sunroom with sliding doors to a gorgeous huge backyard and extra large shed. Lots of customized finishings; from fine tiles to heated toilet seats, move in as is or custom as you like. Please note, Pictures do not give justice to how beautiful the fully fenced backyard truly is; custom flowers, fruits, vegetables, solar lights, walk ways, every inch tailored with loving hands-you have to see this! Entertain here in this oasis, or enjoy personally, you will not be disappointed! We also have a massive crawl space for tones of storage, in addition to lots of closets throughout. Tenants will vacate before or upon closing, unless you would like them to stay. Our hot water tank is new and owned, and we have wall unit air conditioning units throughout. Come and visit, we have so much to offer, and still lots of potential. Keep as an investment, or return this back, into your own single family home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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

3253 Ibbetson Crescent, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,684

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 $666/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.

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.

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.

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    3253 Ibbetson Crescent, Mississauga | $999,000 | Battaglia Team