3253 Sir Johns Homestead N/A, Mississauga

Price: $1,299,000

7 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13798406

Rare Opportunity in Sought-After Erin Mills! Spacious 4+3 bedroom, 4-bath detached home on an impressive 50 x 120 ft lot, just minutes' walk to U of T Mississauga (UTM) ! Features a double garage & private double driveway, offering total parking for 6 cars. Huge value-add potential with an approved building permit for a residential second unit in the basement with separate entrance-ideal for extended family or future income potential. Featuring hardwood floors, granite kitchen countertops, S/S appliances, built-in cooktop & range hood, spacious principal rooms, primary bedroom with walk-in closet & 4-pc ensuite, new A/C (2022) and new bathroom vanity (2025), lawn sprinkler system. Enjoy a landscaped backyard with a large deck & gazebo and no direct residential neighbors behind. Prime location close to schools, parks, transit, shopping, highways & everyday amenities. A fantastic opportunity for families, investors &owner-occupiers-don't miss it!

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New Listing
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$1,299,000 - 3253 Sir Johns Homestead N/A, Mississauga

Detached for Sale in Mississauga

New — Listed 3 days ago

Neighbourhood: Erin Mills

7Beds
4Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
W13798406
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
7
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Mississauga
Listing Brokerage
KW Living Realty
Description

Rare Opportunity in Sought-After Erin Mills! Spacious 4+3 bedroom, 4-bath detached home on an impressive 50 x 120 ft lot, just minutes' walk to U of T Mississauga (UTM) ! Features a double garage & private double driveway, offering total parking for 6 cars. Huge value-add potential with an approved building permit for a residential second unit in the basement with separate entrance-ideal for extended family or future income potential. Featuring hardwood floors, granite kitchen countertops, S/S appliances, built-in cooktop & range hood, spacious principal rooms, primary bedroom with walk-in closet & 4-pc ensuite, new A/C (2022) and new bathroom vanity (2025), lawn sprinkler system. Enjoy a landscaped backyard with a large deck & gazebo and no direct residential neighbors behind. Prime location close to schools, parks, transit, shopping, highways & everyday amenities. A fantastic opportunity for families, investors &owner-occupiers-don't miss it!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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: Erin Mills

Master-Planned Excellence

Erin Mills is one of Mississauga's most successful master-planned communities, developed by the Cadillac Fairview Corporation starting in the 1970s. The neighbourhood is renowned for its excellent schools, abundant green spaces, and well-designed street layouts. Erin Mills offers a complete suburban lifestyle with top-tier amenities, making it one of the most sought-after areas in the GTA.

Why Live in Erin Mills

  • Award-winning master-planned community
  • Excellent schools including top-ranked John Fraser SS
  • Erin Mills Town Centre shopping
  • Extensive parks and trail systems
  • Mix of housing from condos to executive homes

Nearby Schools

John Fraser Secondary SchoolPublic High School
St. Aloysius Gonzaga Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School
Sawmill Valley Public SchoolPublic Elementary

Transit & Commuting

  • Erin Mills Transitway
  • MiWay bus network
  • Highway 403 access
  • Close to Highway 401 and 407

Parks & Amenities

  • Erin Mills Town Centre
  • Credit Valley Conservation Areas
  • Erin Meadows Community Centre
  • Multiple golf courses nearby
  • Extensive trail systems

Lifestyle & Community

Erin Mills epitomizes successful suburban planning. Residents enjoy excellent schools, convenient shopping at Erin Mills Town Centre, and beautiful natural areas. The community attracts families seeking top-tier education and a safe, well-maintained environment.

58
Walk Score
$750K - $2M
Price Range

3253 Sir Johns Homestead N/A, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,500/mo
Range: $3,825 - $5,175
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,500
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$3,309

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 $650/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 7 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 Sir Johns Homestead N/A | $1,299,000 | Battaglia Team